Your Current Account - not just somewhere to put your money
You can’t see it or touch it – in fact all you really have to show for it is an ATM or Debit card. But there’s a lot more to your Current Account than meets the eye.
• Somewhere safe: It’s a secure place for your money, where you can get at it easily and always know how you’re fixed
• 24 hour cash, and more: ATMs all across the country let you take out cash and check your balance and many of them let you top up mobiles and pay bills (we have over 1500 ATMs – more than any other bank in Ireland)
• Other ways to pay: Your Debit card is even more versatile. You can use it to make purchases at thousands of retailers, and get cashback at many, saving you a trip to the ATM
• Banking anywhere any time: With phone banking and online banking – all of your account information is there at the touch of a button. You can keep track of your money, pay bills, move funds to your other accounts (and to other people’s), and top up mobile phones – easily (you should always read the terms of conditions that apply to new services you take up like phone and online banking)
• And make payments on time, every time: With your Current Account you can take care of things like paying bills automatically by direct debit - exactly on their due date. And you can pay into savings and loan accounts regularly by standing order – so you never have to worry and never miss a payment
• Professional advice: As a personal Current Account customer professional advice from our qualified financial advisers is always available to you at no extra charge.
So, any idea what you’re paying for all this?
Well with our ‘Flat Fee’ Personal Current Account fee option you get all of the services listed above – in fact up to 90 transactions in a three month period…
For less than €1 per week.
Transaction fees are charged quarterly, so if you’re on our Flat Fee option you’re charged €11.40 every three months. This covers you for up to 90 transactions, but more than 90 in a quarter are charged an additional 28c each.
Our ‘Pay as you Go’ fee option is a simple 28c per transaction, but if you usually make more than 40 transactions in a quarter the Flat Fee is better value. You can switch fee option any time and the change will kick in from the start of the next fee quarter.
Other charges may apply – including annual Government duty on your card, certain international Cirrus and Maestro transactions using your card, and certain international payments. Full details are available in our Schedule of Fees and Charges brochure.
What to do now
It’s all about making sure your Current Account operates as efficiently as possible. Here’s some tips:
1. Check your statement and make sure you’re on the fee option that works best for you
2. It’s really important to keep your Current Account in credit or stay within your allowed credit limit (if you have one) in order to avoid Overlimit penalty charges
3. Have a look at our Budgeting Made Easy section of our website for some great tips on managing your day to day finances
4. Go to the ‘How to save on Fees, Service Charges and Interest’ section of our Schedule of Fees and Charges for Personal Customers for more information.
And feel free to contact your branch and make an appointment to speak with one of our qualified Financial Advisers who will be happy to talk things through with you and answer any questions you may have.