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No Transaction Fees Offer

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  • 13-07-2013 11:17pm
    #1
    ericbos
    Registered Users Posts: 1 ✭


    I read today that the [font=Arial, Helvetica, Verdana, sans-serif]No Transaction Fees Offer is to be discontinued. So even if I lodge 3000 euro I still have to pay 5 euro Administration fee each quarter. That means I will probably change to another bank. I believe Bank of Ireland will lose many customers by this change. [/font]


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    #2
    murphaph
    Registered Users Posts: 19,020 ✭✭✭✭murphaph


    ericbos wrote: »
    I read today that the [font=Arial, Helvetica, Verdana, sans-serif]No Transaction Fees Offer is to be discontinued. So even if I lodge 3000 euro I still have to pay 5 euro Administration fee each quarter. That means I will probably change to another bank. I believe Bank of Ireland will lose many customers by this change. [/font]
    The offer was never attractive. You had to maintain a three grand minimum balance at all times, not just lodge three grand. I think BoI are actually trying to get out of retail banking at this stage.


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    #3
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    Hi ericbos,

    Thanks for getting in touch.

    Our No Transaction Fees offer is still available. Customers who maintain a minimum credit balance of €3000 in their Personal Current Account throughout the full fee quarter will not be charged current account transaction fees. The maintenance fee will be charged as it is not part of this offer.

    Thanks
    Tara
    ericbos wrote: »
    I read today that the No Transaction Fees Offer is to be discontinued. So even if I lodge 3000 euro I still have to pay 5 euro Administration fee each quarter. That means I will probably change to another bank. I believe Bank of Ireland will lose many customers by this change.


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