Information for credit card customers who have the Classic Visa Card, the AIB Visa Card or the Standard Visa Card*
From April 2025, the Annual Purchase Interest Rate (variable) will be reduced to 14.16% for customers who hold the Classic Visa Card, the AIB Visa Card and the Standard Visa Card* and where their current Annual Purchase Interest Rate (variable) is 18.24%.
Customers who have these cards and are affected by this rate change will receive a detailed communication by the end of February 2025.
For questions and answers on this change click here.
Current Annual Purchase Interest Rate (variable)
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Current Representative Annual Percentage Rate (RAPR) – Purchases (variable)
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New Annual Purchase Interest Rate (variable)
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New Representative Annual Percentage Rate (RAPR) – Purchases (variable)
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18.24% | 24.7% | 14.16% | 19.7% |
*Excluding Standard Visa Card (Formerly known as the Eircell Visa Card) with an RAPR of 18.8%).
The Representative APR helps you to quickly compare different products offered by your lender and other lenders, using an assumed credit card usage and credit limit for illustrative purposes.
The Representative APR assumes that you make purchases to the full extent of a €1,500 credit limit (inclusive of Government Stamp Duty charge of €30), and you repay in 12 equal monthly repayments and interest rates remain the same.
Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Government stamp duty, currently €30, is charged annually per credit card account.
Warning |
- I received an email/letter about changes to my credit card can you tell me more about this?
- How does this new rate compare to my current annual purchase interest rate?
- When will this change happen?
- I have an AIB Visa Card but my RAPR is 24.5% am I included in this change?
- Does this new interest rate apply to taking cash out?
- Are there any other changes to rates, fees, or charges on these credit cards?
- Will I receive more information about this change?
- Why are you making this change?
- What if I want to swap my card to another card?
- If I swap to another AIB card what happens next?
- What do I do if I no longer want my card?
- I’m not happy with this and want to make a complaint, how do I do that?