ECB Rate Change

On 5 June 2025, the European Central Bank (ECB) announced a reduction of 0.25% to its ECB Refinancing Rate. As a result we will make these changes to our rates:

Mortgages:

Tracker mortgage rates will reduce by 0.25% for all (Tracker) mortgages linked to the ECB rate.
The change will happen during June & July and we will write to our customers with Tracker mortgages confirming the new interest rate and the date it’s changing.

How does a tracker mortgage work?

A tracker mortgage ‘tracks’ changes to the ECB rate. If the ECB decides to increase or decrease its rate, the rate on the Tracker mortgage will go up or down by the same percentage.

My tracker mortgage repayment is changing. Why is this happening?

The ECB has announced a reduction of 0.25% to its rate. This means the tracker mortgage rate is going down by 0.25%.

How will I be informed of the changes to my Tracker Mortgage interest rate?

We will write to all customers to inform of the changes to their tracker mortgage interest rate throughout June & July 2025.

I pay by direct debit. What do I need to do?

The direct debit for your mortgage will automatically change, so you don’t have to do anything.

I pay my mortgage by standing order. What do I need to do?

You will need to amend your standing order to reflect the decreased mortgage repayment.

If you are registered for our AIB mobile banking app, you can amend the standing order through our “Pay & Transfer” option. Alternatively, you visit the Quick Banking Area in your local branch.

If your current account is not with AIB, you will need to contact your Bank to make an amendment to your standing order.

I have a variable or a fixed rate mortgage - are these rates changing?

Details of our mortgage rates are available on our website.

You can visit:AIB Mortgage Interest Rates.

I am concerned about missing future payments on my mortgage

If you are concerned about your current mortgage repayments or if you are already in arrears on your repayments, you can speak to our Credit Support Unit by calling 0818 251 008 and selecting Option 1.

Alternatively, you can visit AIB'S Have you missed a Mortgage payment page.