A Personal Overdraft gives you a credit facility on your current account for temporary or occasional use. This gives you access to money when you really need it.
Customers with a Personal Bank Account Plus or Current Account can apply for a Personal Overdraft up to an agreed amount.
Easy access to funds: You can access the overdraft when you use your AIB Debit Card, when withdrawing cash from an ATM, or when you write a cheque or pay a bill.
Automatic renewal: If you operate your account within the agreed terms, then your overdraft can be automatically renewed when the term of the overdraft expires.
There is a facility fee of €25.39 charged per annum or per overdraft sanction, whichever is the more frequent. Interest is charged at the Bank's Standard Variable 'A' Overdraft Reference Rate. The variable interest rate is calculated on the daily debit balance and charged quarterly in March, June, September and December.
Please read A Guide to Fees and Charges for Personal Accounts for full information on fees and charges.
If you have a sole Personal Bank Account or an AIB Advantage Account and are registered for AIB Phone & Internet Banking, you can apply for your overdraft online through AIB Internet Banking and get a decision on your application within 3 business hours*.
You can apply for an overdraft for an amount up to that of your monthly income with a range between €500 to €10,000. For amounts over €10,000 please contact your local branch or call us on 1890 724 724.
If you are a Student Plus Account or Graduate Account holder and wish to avail of a Reduced Rate Overdraft, please apply through your local branch. Alternatively you can call the AIB Student & Graduate Centre on 1890 788 336, lines open 8am to 9pm Monday - Friday and Saturday 9am to 6pm.
There is a facility fee of €25.39 charged per annum or per overdraft sanction, whichever is the more frequent. Interest is charged at the Bank’s Standard Variable ‘A’ Overdraft Reference Rate. The variable interest rate is calculated on the daily debit balance and charged quarterly in March, June, September and December.
*Although we aim to provide a decision within 3 business hours, this period may be extended for technical or other legitimate reasons. Our business hours are Monday to Friday from 9am to 5.00pm, excluding bank holidays.
Under normal circumstances, you can apply for an overdraft for an amount up to that of your monthly income. Depending on your circumstances, the overdraft could be arranged for a greater amount.
Simply call 1890 724 724 (lines are open Monday to Friday 8am – 9pm and Saturday 9am – 6pm), or drop into any AIB branch. We’ll be happy to answer any questions you may have about applying for an overdraft with AIB.
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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.
