AIB Options 2
OUR RATING
Representative APR
16.9% APR (variable)
Purchases
15.72% (variable) p.a.
Balance Transfers
15.72% (variable) p.a. (1.50% fee)
Account Fees
No Fee
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 15.72% (variable) p.a., most accepted customers get a rate of 16.9% APR (variable).
Our Verdict
Product Features & Benefits
| Issuer | AIB |
|---|---|
| Network | Visa or Mastercard |
| Primary Category | Purchases |
| Loyalty Scheme | None |
| Incentive on opening | |
| Cashback rate (if applicable) | No cashback scheme |
| Account Fees | No Fee |
| Purchases | 15.72% (variable) p.a. |
| Purchases Interest Free Period | 51 days |
| Balance Transfers | 15.72% (variable) p.a. (1.50% fee) |
| Balance Transfer Fee (%) | 1.5 |
| Cash Advances | 15.72% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £500 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee (£) | No Fee |
|---|---|
| Late Payment (£) | 12 |
| Returned Payment (£) | 12 |
| Exceed Limit (£) | 12 |
| Duplicate Statement (£) | 10 |
| Replacement Card (£) | 0 |
| Trace Fee (£) | 0 |
| Cash Withdrawal Fee (%) | 1.5 |
| 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. |
Executive Editor: Daniel Blackmore
Updated: 01/02/2024
