AIB suck balls

Wibbles19

Totes, amaze round spheres

Banks are bastards, the ultimate sociopathic oligarchic confederacy against the citizenry. Consistently. It is their culture to be so. Aside from the latest revelation about mortgage holders being overcharged interest - Bank of Ireland confirms it overcharged on almost 4,000 mortgages - if you own a business be very, very sure they're charging you the right interest rate, and not charging you for bank holidays and the like. This little scam is still prevalent with all the banks who, when caught, give some raiméis about it being a "mistake" or an "oversight". Note how the beneficiaries of their "mistakes" always tend to be themselves.

The problem here is very clear: the penalties that the state imposes on banks for their repeated unauthorised overcharging - i.e. theft - of your money are not strong enough to deter them from their robbery. It will continue to be worth the risk for them, so always go over your bank statement and any other transaction you have with these crooks with a fine-tooth comb.

darkpagandeath

I always found it weird a bank can accept a payment without your consent if it's in areas... especially if you tell them not to. How are you being charged by the 3rd party ?

Saipanne

PTSB do free banking.

KilOit

AIB are free too if you have 2500€ in your account at all times

Saipanne

KilOit wrote: »

AIB are free too if you have 2500€ in your account at all times

That's not free, considering the money you lose by having the 2500 in a zero interest account.

Atari Jaguar

Saipanne wrote: »

PTSB do free banking.

Not anymore. The Explore Account is €4 per month no exceptions.

Graces7

Kristopherus wrote: »

S.O's went out with the flood. You'll get a blank stare from a bank official if you ask for one nowadays.:(

I pay my rent etc by Standing Order and never a problem. The bank is fine with it

Graces7

FobleAsNuck wrote: »

PTSB, no fees

AIB no fees if you are a pensioner. And i can forgive them a lot for being able to deposit money at Post Offices ie outside banking hours and without a queue

Crann na Beatha

This post has been deleted.

crisco10

Aib is free if you pay a mortgage from the account...

TheDriver

That sounds like a crazy amount of fees

deco nate

KilOit wrote: »

AIB are free too if you have 2500€ in your account at all times

I think it's 5 grand now. Or maybe 4,but it is beyond that now.

LizT

deco nate wrote: »

I think it's 5 grand now. Or maybe 4,but it is beyond that now.

Nope, still 2500.

deco nate

Lyric Uptight Vaccination wrote: »

I'm sure mistakes happen but I've used them all my life (now 73) and have them for all utilities, club memberships, insurance, TV licence, etc and never had I had a single problem of any sort. They make life so easy.

But, we digress.

That's because you have a bigger pension fund than most people could ever afford.
But I digress

deco nate

LizT wrote: »

Nope, still 2500.

It is? I was sure they upped it a year or two ago.

CSSE09

deco nate wrote: »

It is? I was sure they upped it a year or two ago.

Yup still 2500
https://aib.ie/our-products/current-accounts/A-way-to-bank-for-free

_Kaiser_

deco nate wrote: »

It is? I was sure they upped it a year or two ago.

No, still €2500 alright. Which is ridiculous really - who has that amount of money available every day that they'd be happy to leave sit in a current account, rather than somewhere that they might make a bit of interest on it.

I sympathise with the OP though.. was with AIB 20 years and in the last 5/6 I found them increasingly harder and more bureaucratic to deal with (the results of the crash and regulation no doubt), but the lack of control over your account without calling them, or writing letters etc, coupled with the fees and inflexible attitudes eventually became enough and I switched to PTSB.

While their internet banking site isn't as good as AIB's (although the app has recently improved hugely), it gives you far more control over what comes out of your account. Things that would have required a call to AIB, can be done directly in a few clicks.

Agree also on the point raised about DD.. I've had lot's of problems over the years with Irish companies taking incorrect amounts, not taking it at all, double-charging etc, and each case required a 40 minute+ phone call to sort it out - only to happen again. I've been refunded/credited well over a thousand over the years as a result.

These days with only a few exceptions where the amount is fixed on a set date every month (eg: sky, car insurance), I pay everything by EFT myself on the mybills website. Bit more hassle but at least I know exactly what's coming out of my account and when.

deco nate

Thanks to you all that set me straight on aib charges. Yea I'm one of those people that pays upfront for what I need, it's cheaper in the long run. But I pity those that really need to use the 3/6 month service.
Those that need to take care of their finance end up paying more than those that can take care of the year in one payment. it's really a fecked up
Idea.


Also about the dd, that would be more about the company that you have a contract with rather than the bank, speaking from experience

LynnGrace

AIB should use this thread title in their ads instead of 'we're backing brave'..

Buford T. Justice XIX

Saipanne wrote: »

That's not free, considering the money you lose by having the 2500 in a zero interest account.

Wouldn't a zero interest account yield zero interest, unless I'm missing something obvious?

blindside88

deco nate wrote: »

Lyric Uptight Vaccination wrote: »

I'm sure mistakes happen but I've used them all my life (now 73) and have them for all utilities, club memberships, insurance, TV licence, etc and never had I had a single problem of any sort. They make life so easy.

But, we digress.

That's because you have a bigger pension fund than most people could ever afford.
But I digress

Surely nothing to do with the fact that there have been no problems with Direct Debits. Sounds like extremely sour grapes

dark crystal

I've been with PTSB for years now and have never been charged a monthly fee. I can now also get cash rewards most months by using my Visa debit card in certain places.

The government will soon take their cut, though. Charging me €30 for the privilege of owning a credit card, which has nothing to do with them whatsoever :mad:

scamalert

To OP

,and yes been few times like that where bank takes the cut and now you have less then nothing :pac:

padd b1975

Paying car insurance by direct debit works out much more expensive-not far off credit card APR.

If you're unable to save for it throughout the year- no shame in being unable to at the moment- I would speak to my bank about an overdraft which will make it easier for the direct debit to be covered.

Car insurance is way too important to be dicing with missed payments.

Senator Palpatine

BOI have a good facility now where they text you to remind you of DDs or credit card bills.

I have no sympathy for the OP...he/she didn't have enough money in the account to cover his/her obligations. No grounds for complaint.

Saipanne

Atari Jaguar wrote: »

Not anymore. The Explore Account is €4 per month no exceptions.

Nice, they could have told me that.

Lyric Uptight Vaccination

Lyric Uptight Vaccination wrote: »

AIB only charge €4.50 a quarter fees. The OP possibly had a mountain of transaction fees to pay.

Indeed, even with limited funds once should be smart in managing them.

byte

I wish AIB only charged me €4.50 per quarter in fees.

My last fees invoice was around €25 which I think is excessive... OP must have a LOT of various bank transactions to get to over €40 though.

ToddyDoody

Surely having a large amount of money in your current account attached to a debit card is a higher fraud risk. Why do they encourage this via free fees?

Wanderer2010

Saipanne wrote: »

PTSB do free banking.

But you get screwed if you use the visa debit card for purchases, they charge you for each of these.

whoopsadoodles

Wanderer2010 wrote: »

But you get screwed if you use the visa debit card for purchases, they charge you for each of these.

I don't pay charges for using my PTSB visa debit?

dark crystal

whoopsadoodles wrote: »

I don't pay charges for using my PTSB visa debit?

Me neither. PTSB don't charge me anything for having an account or using my debit card.

In fact, as I mentioned earlier, I can actually get rewards for using my debit card in certain places.

Earleybird

Mambaman wrote: »

So I got changed 25 euro for not having the full amount of money in my account for my car insurance. 10 euro from bank and 15 from insurance company.
OK so thought I won't let that happen again. Roll on last Thursday. Made sure I had the right amount in, checked the app and money was taken out and dd was pending. Next day I see an extra 40 euro in my account. Couldn't understand why but anyway couldn't do much till Monday.
Roll on Monday and I get info telling me the payment never went in. Turns out over night aib canceled my direct debit and took 45 euro to pay for quaterly charges and then had the cheek to take another 10 euro off me cause I hadn't the funds to pay the direct debit.
Anybody else have this problem happen to them and can anyone point me in the right direction to different bank with less charges. Tnx.

The problem is not with the bank. If you can't pay your bills you can't expect a free ride. If you monitor your finances properly it shouldn't happen again.

I see some utter nonsense on here sometimes, how dare the big bad banks charge me fees for services and expect me to follow the rules as per the terms agreed. How very dare they!

andekwarhola

Lyric Uptight Vaccination wrote: »

AIB only charge €4.50 a quarter fees. The OP possibly had a mountain of transaction fees to pay.

So the key is to choose a bank for your banking needs but just never make any transactions.

OP, I get charged around 25 quid quarterly by AIB but they write to you telling when and how much charges are being deducted so you need to have money in the account so it doesn't screw up your DD.

For most people it doesn't make sense to keep a lot in their current account all the time, just bill and everyday expenses, so you need to make sure enough is in there.

Mambaman

Earleybird wrote:

The problem is not with the bank. If you can't pay your bills you can't expect a free ride. If you monitor your finances properly it shouldn't happen again.

I don't expect a free ride you dick and I'm not complaining about having to pay my bills. I pay all my bills and I might not have much money but I don't owe a single cent to anyone. So get off your high horse telling people to monitor their finances properly when you don't know **** about them.

Earleybird

Mambaman wrote: »

I don't expect a free ride you dick and I'm not complaining about having to pay my bills. I pay all my bills and I might not have much money but I don't owe a single cent to anyone. So get off your high horse telling people to monitor their finances properly when you don't know **** about them.

Well you seem to think it should be your choice when to pay them. It's your responsibility to have enough money in your account when they're due. The title of the thread assumes you have been somehow desperately treated. You haven't.

Gadgetman496

padd b1975 wrote: »

Paying car insurance by direct debit works out much more expensive-not far off credit card APR.

If you're unable to save for it throughout the year- no shame in being unable to at the moment- I would speak to my bank about an overdraft which will make it easier for the direct debit to be covered.

Car insurance is way too important to be dicing with missed payments.

Not the case at all with my insurance company.

ytpe2r5bxkn0c1

Gadgetman496 wrote: »

Not the case at all with my insurance company.

Nor mine. While I pay it in full because it's convenient they allow quarterly and monthly payments at no extra cost.

Atari Jaguar

whoopsadoodles wrote: »

I don't pay charges for using my PTSB visa debit?

PTSB current accounts, prior to the explore account, have no fees except €4 pm maintenance. Day to day card use etc is free. And as long as you LODGE €1,500 a month you don't pay the €4 either. Note, you just have to lodge the money, not constantly have it in your account

Mambaman

Earleybird wrote:

Well you seem to think it should be your choice when to pay them. It's your responsibility to have enough money in your account when they're due. The title of the thread assumes you have been somehow desperately treated. You haven't.

For the last time. My problem is I payed a bill Wednesday and on Thursday night the canceled it to pay their charges. That money was spent and they should have waited till I had money in my account again before taking their fees.

Atari Jaguar

Mambaman wrote: »

For the last time. My problem is I payed a bill Wednesday and on Thursday night the canceled it to pay their charges. That money was spent and they should have waited till I had money in my account again before taking their fees.

Seems strange they cancelled it. When I was an AIB customer they just took the charges and left me overdrawn.

bigpink

Kristopherus wrote: »

S.O's went out with the flood. You'll get a blank stare from a bank official if you ask for one nowadays.:(

Why??

Wanderer2010

I just checked my PTSB Open24.ie and I have loads of "Debit Card Charge" amounts of about 50 cent taken out of my account. I do have a good few direct debits for my bills plus I often transfer cash from my current account to my credit card. I also use Visa Debit for online purchases, I presumed that was why I was being charged but then loads of you here are saying that doesn't happen to them. Strange.

Saipanne

Wanderer2010 wrote: »

I just checked my PTSB Open24.ie and I have loads of "Debit Card Charge" amounts of about 50 cent taken out of my account. I do have a good few direct debits for my bills plus I often transfer cash from my current account to my credit card. I also use Visa Debit for online purchases, I presumed that was why I was being charged but then loads of you here are saying that doesn't happen to them. Strange.

I import my online bank statement into a spreadsheet for budgeting. I've never once seen such a charge for ROI purchases.

I'd give them a call, if I were you.

Atari Jaguar

Wanderer2010 wrote: »

I just checked my PTSB Open24.ie and I have loads of "Debit Card Charge" amounts of about 50 cent taken out of my account. I do have a good few direct debits for my bills plus I often transfer cash from my current account to my credit card. I also use Visa Debit for online purchases, I presumed that was why I was being charged but then loads of you here are saying that doesn't happen to them. Strange.

If you're account is old you could have a legacy account that was opened before they stopped charging. You'd need to upgrade to the Explore Acc which incurs a non avoidable €4 charge a month but you can earn up to €5 a month just by using your debit card so it offsets it that way.

Sue Pa Key Pa

FobleAsNuck wrote: »

PTSB, no fees

With them. I haven't paid bank charges in over 20 years

Penny Tration

Also with PTSB.

I actually checked my online banking just now due to this thread. Usually I just pay twelve quid every three months.

Random charge of 2.76, no idea what it's for. Says "debit s.duty." gonna assume it's cause I was buying stuff on British websites.

Saipanne

Penny Tration wrote: »

Also with PTSB.

I actually checked my online banking just now due to this thread. Usually I just pay twelve quid every three months.

Random charge of 2.76, no idea what it's for. Says "debit s.duty." gonna assume it's cause I was buying stuff on British websites.

Stamp Duty? That's a government charge.

Atari Jaguar

Penny Tration wrote: »

Also with PTSB.

I actually checked my online banking just now due to this thread. Usually I just pay twelve quid every three months.

Random charge of 2.76, no idea what it's for. Says "debit s.duty." gonna assume it's cause I was buying stuff on British websites.

Stamp duty. Everyone has to pay.