AIB Options 1
Representative APR
18.9% APR (variable)
Purchases
17.44% (variable) p.a.
Balance Transfers
17.44% (variable) p.a. (1.50% fee)
Account Fees
£0
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 17.44% (variable) p.a., most accepted customers get a rate of 18.9% APR (variable).
Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.
Our Verdict
The AIB Options 1 credit card features an easy cashback scheme, where customers must spend a minimum of £5,000 to earn the first £25 cashback. It also offers one of the few credit cards with low cash withdrawal charges of just 1.5%, making it suitable for users seeking rewards alongside cost-effective cash access.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
Product Features & Benefits
| Issuer | AIB |
|---|---|
| Network | Visa or Mastercard |
| Primary Category | Cashback |
| Loyalty Scheme | Cashback |
| Incentive on opening | This cashback card has no annual fee and also comes with low cash withdrawal charges. |
| Cashback/Rewards (if applicable) | £1 is earned for every further £200 spent. There is a minimum requirement of 12 transactions per year. A maximum cap of £250 cashback is paid per year. |
| Account Fee | £0 |
| Purchases | 17.44% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 17.44% (variable) p.a. (1.50% fee) |
| Balance Transfer Fee | 1.50% |
| Cash Advances | 17.44% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £ 500.00 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee | £0 |
|---|---|
| Late Payment | £ 12 |
| Returned Payment | £ 12 |
| Exceed Limit | £ 12 |
| Duplicate Statement | £ 10 |
| Replacement Card | £ 0 |
| Trace Fee | £ 0 |
| Cash Withdrawal Fee | 1.50% |
| Cash Withdrawal Minimum Charge | £ 3 |
| Foreign Usage EU | 2.75% |
| Foreign Usage World | 2.75% |
Application Requirements
| Availability | Must hold an existing bank account with AIB. |
|---|---|
| Minimum Income | £ 0 |
| Minimum Age | 18 |
| Residency | Permanent resident in the UK. Only available in NI. |
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34.4% Representative APR (variable)
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender.
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