Top-up loan

Need to borrow more on top of your existing Bank of Ireland loan?

Find the top-up loan to suit you.

 
 

Why choose us for a loan?

Competitive rates

Variable rates on green loans from as little as 6.5% APR1.

No savings required

You do not need to save with us to borrow from us.

Flexible repayments

Make extra repayments to pay off your variable rate loan early and pay less interest with no penalty fees.

Option to defer repayments2

Option to defer your first three monthly repayments if you repay your loan on a monthly basis.

Tailored to you

Borrow between €2,000 and €75,000 and repay your loan weekly or monthly over 1 to 7 years depending on the loan purpose.

Fast application

Online application takes just 15 minutes for existing current account holders registered for 365 online.

Lower rate green loans

Take advantage of our lowest interest rates when you choose sustainable products.

Lower rate for students and graduates

Full-time students and recent graduates can take advantage of a lower variable interest rate of 5.0% APR. We cannot provide a top-up service for postgraduate loans.


What do I need to apply?

To be eligible to apply, you must be:

  • Aged 18 or over

  • Resident in the Republic of Ireland
  • An existing Bank of Ireland current account customer
  • At least 6 months’ repayments must have been made on your existing loan
  • Up-to-date with all your existing loan repayments

To apply, you’ll need:

  • Your 365 online user ID – This 8-digit number can be found on your profile page within the mobile app.
  • Proof of your Personal Public Service Number (PPSN) – Full list of acceptable documents.

Please note: We may request additional documents depending on your individual circumstances and loan purpose. We request a credit report from the Central Credit Register when you apply for a loan of €500 or more. Lending criteria, terms and conditions apply.

 
Apply for a top-up loan



What is a top-up loan?

A top-up loan allows you to borrow more money on top of your existing Bank of Ireland loan. The process involves combining the new amount you wish to borrow and your existing loan balance into a single loan, making it easier to manage with just one payment per week or month.

For instance, if you owe €2,000 (which is your remaining balance plus interest) and want an additional €5,000, a top-up loan of €7,000 is created. The first €2,000 pays off your existing loan which is closed, and the remaining money is given to you. You then pay the new interest rate on the €7,000 amount across the term you’ve specified.


Interest rates and APR

These representative examples illustrate how much it could cost to borrow various amounts over 5 years.

Personal loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €9,9998.65%8.9%€2,0005 years€41.12€467.20€2,467.20
€10,000 – €19,9998.1%8.3%€10,0005 years€202.98€2,178.80€12,178.80
€20,000 – €75,0006.9%7.1%€20,0005 years€394.71€3,682.60€23,682.60

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Graduate loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €5,0004.95%5.0%€2,0005 years€37.68€260.80€2,260.80
€5,001 – €9,9998.65%8.9%€7,0005 years€143.91€1,634.60€8,634.60
€10,000 – €19,9998.1%8.3%€10,0005 years€202.98€2,178.80€12,178.80
€20,000 – €75,0006.9%7.1%€20,0005 years€394.71€3,682.60€23,682.60

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Car loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €9,9998.65%8.9%€2,0005 years€41.12€467.20€2,467.20
€10,000 – €19,9998.1%8.3%€10,0005 years€202.98€2,178.80€12,178.80
€20,000 – €75,0006.9%7.1%€20,0005 years€394.71€3,682.60€23,682.60

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Green car loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €75,0006.3%6.5%€2,0005 years€38.91€334.60€2,334.60
€2,000 – €75,0006.3%6.5%€10,0005 years€194.57€1,674.20€11,674.20
€2,000 – €75,0006.3%6.5%€20,0005 years€389.15€3,349.00€23,349.00

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Home loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €9,9998.65%8.9%€2,0005 years€41.12€467.20€2,467.20
€10,000 – €19,9998.1%8.3%€10,0005 years€202.98€2,178.80€12,178.80
€20,000 – €75,0006.9%7.1%€20,0005 years€394.71€3,682.60€23,682.60

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Green home loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€2,000 – €75,0006.3%6.5%€2,0005 years€38.91€334.60€2,334.60
€2,000 – €75,0006.3%6.5%€10,0005 years€194.57€1,674.20€11,674.20
€2,000 – €75,0006.3%6.5%€20,0005 years€389.15€3,349.00€23,349.00

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Undergraduate loan

Loan amountVariable interest rateAPR(Annual Percentage Rate)Sample loan amountLoan termMonthly repaymentCost of creditTotal repayment
€500 – €5,0004.95%5.0%€2,0005 years€37.68€260.80€2,260.80

Variable rates are correct as at 5 February 2025 and are subject to change.

Internal reference rates

We apply reference rates to all new loans. The reference rate is an internal rate we use to work out how much it will cost us to give you a loan. It includes the cost of funds to the bank and administration costs for the set-up and maintenance of the loan.

VI0.25%

Please note: Your credit agreement explains all the interest rate types we charge for your loan. Lending criteria, terms and conditions apply. Over 18s only.

Frequently asked questions


  • What is a top-up loan?

    If you have an existing loan and you wish to borrow more money, a top up loan may be for you. A top up loan is a new loan that combines the balance from your existing loan with the additional money you wish to borrow. This means that you will have only one recurring repayment.

  • Am I eligible for a top-up loan?

    You can apply for a top-up loan if:

    • you have an existing Bank of Ireland loan
    • you have made at least 6 months’ repayments on your existing loan
    • all of your existing loan repayments are up-to-date

    Please note: There is no top-up facility available for postgraduate loans.

    Lending criteria, terms and conditions apply.

  • I have a Bank of Ireland loan. Can I top up my loan?

    If you have an existing Bank of Ireland loan, you may be able to apply for a top-up loan.


See our full loan FAQs

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future
Warning: The cost of your monthly repayments may increase.

Contact us

Our loan teams are here to help.

Log in to 365 online, select Services and Send us a message.

Call us on 0818 200 334, 9am–5pm, Monday to Friday.

Tweet us @talktoBOI 8am–8pm. Response within 15 minutes.

Visit your nearest branch to arrange a meeting with a dedicated lending advisor.

1 APR stands for Annual Percentage Rate.
2 Deferred repayments: By deferring your repayments at the start of your agreement you will pay more interest over the loan term than if you started to make repayments from the start. Deferred repayments are available to Bank of Ireland current account customers only.