AIB Visa Gold Card review 2022
If you're looking for a no-frills card to offer you flexibility with your spending, the Visa Gold Card from AIB (formerly First Trust Bank) could fit the bill.
Finder rating: ★★★★★
Doing its job: 3.5/5
In a nutshell:
Minimum credit limit
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Available to existing customers only, AIB’s Visa Gold Card is a charge card. That means you’re expected to clear your balance in full every month. As such, these cards don’t charge interest, although there are usually harsh fees if you fail to clear your balance.
The primary benefit of a charge card is flexibility over payments – purchases at the start of the billing cycle are paid for at the end of the billing cycle, so you can enjoy up to 56 days interest-free. If you do expect to carry a balance month to month, then this isn’t the card for you.
Pros and cons
- No annual fee
- Applicants with low credit scores are unlikely to be eligible
- Only available to existing customers
How does this card compare with other popular cards on the market?
How to apply for the AIB Visa Gold Card
To apply for a Visa Gold card, you'll need to call in to any AIB branch. You'll need to show proof of your identity and address (such as your passport, driving licence and a gas or electricity bill) if AIB doesn't already hold this information.
Frequently asked questions
What credit limit will I get with the AIB Gold Charge?
If AIB is able to offer you this deal, the offer will specify a personalised credit limit based on AIB's assessment of your situation. The minimum limit offered on this card is £5,000 and AIB does not specify a maximum. Once you've had the card for a while and shown AIB that you're reliable, you may wish to apply for a credit limit increase.
How much does it cost to use the AIB Gold Charge abroad?
Non-sterling transactions are subject to a 2.75% charge. For example, if you spend 200 euros (£170.04), it'll cost you around £4.68 in fees.