AIB Current Account Fee Increase

oceancat

i get paid every 2 weeks into my aib account, i also have a credit card, what if i transfer my wages into my credit card and use it for more or less everything like ATM, bills, shopping etc will i still get hit with fees for withdrawing cash from the cc?

if i could do this i would more or less never use my bank card so should avoid fees, also i would have the required amount in the account throughout the year to avoid charges.

these new fees that they are bringing in are a joke

wmpdd3

Some CC charge you when you go into credit!

Even over 13 weeks for a quarter you'd rack up 6 x credits at 35c and 6 debits at 35c = €4.50 plus the €4.50 account maintenance charge, so €9.

murphaph

oceancat wrote: »

i get paid every 2 weeks into my aib account, i also have a credit card, what if i transfer my wages into my credit card and use it for more or less everything like ATM, bills, shopping etc will i still get hit with fees for withdrawing cash from the cc?

if i could do this i would more or less never use my bank card so should avoid fees, also i would have the required amount in the account throughout the year to avoid charges.

these new fees that they are bringing in are a joke

Check the small print.

Many CC companies do NOT offer any protection against fraudulent use on a card in credit!

oceancat

wmpdd3 wrote: »

Some CC charge you when you go into credit!

Even over 13 weeks for a quarter you'd rack up 6 x credits at 35c and 6 debits at 35c = €4.50 plus the €4.50 account maintenance charge, so €9.

ya but i don't plan in going into credit i will have my CC loaded all the time with my own money, i'm just wondering will they still charge me for using it for taking cash out at atms when it's loaded with my own money,

i understand there will be no protection when the card is loaded

Nervous Wreck

oceancat wrote: »

ya but i don't plan in going into credit i will have my CC loaded all the time with my own money, i'm just wondering will they still charge me for using it for taking cash out at atms when it's loaded with my own money,

i understand there will be no protection when the card is loaded

Having is "loaded with your own money" is having it in credit. So, yes.

JP Liz V1

Is there a new maintenance fee like 5 euro per quarter like BOI now as well?

Pacifico

Nope

granturismo

Pacifico wrote: »

Nope

Yep. the fee is €4.50 per quarter.