Small changes make all the difference

Shop Around

It’s natural to ignore the cost of the little things, especially when what we are buying isn’t that much fun. A little shopping around can add up to a big difference.

When those big bills come around like car and home insurance, gas, electricity, mobile phone, it can be worth comparing prices to make sure you get the best deal. You can also find out more here about AIB’s car insurance and home insurance as well as discounts available. They’re not the most exciting things, but a little effort may mean that you’ve more money for the fun things in life.

Saving through Banking

You can save money by banking differently too. Contactless is quick and easy and cheaper than getting cash out at a machine. Another example is making sure that you have enough money for your direct debits to clear so that you can avoid unnecessary charges. A good idea is to arrange your direct debits to come out the same day you get paid.

Online banking is also a great way to take control of your money. What used to mean a trip to a branch is now at your fingertips. You can save, transfer, pay, and borrow online in seconds.

Our transaction comparisons can help you save

Here are some of the most common ways you can reduce your banking costs.

1. Paying for goods

Cheque: €0.39 plus MSD**

Savings alternative

ATM: €0.35
Debit card purchase: €0.20
Contactless*: Free

2. Paying a bill

Cheque: €0.39 plus MSD**

Savinga alternative

Paper/Staff assisted transaction: €0.39 
Direct debit: €0.20
AIB phone & internet banking: €0.20

3. Withdrawing cash

Paper/Staff assisted transaction: €0.39 

Savings alternative

ATM: €0.35
Debit card purchase: €0.20

AIB Student Accounts, AIB Student Plus Accounts, AIB Graduate Accounts, AIB Basic Bank Accounts and AIB Advantage Accounts qualify for maintenance and transaction free banking.

 *Please note the transaction fee for Contactless transactions will be waived until further notice.

**Medallion Stamp Duty is currently charged at a rate of €0.50 per item