KBC exiting Ireland

Well, I think it's clear:

Can easily be found in the FAQ: Important Information - Current Accounts - KBC or Important Information - Mortgages - KBC

Yes I realized that after I posted. I guess Im so used to hearing the phrase lately I typed it without thinking. Apologies for such a terrible oversight. Wont happen again. 🙄

If you switch before June you will loose the discount & when moved to BOI you will not get the discounted rate.

Only if you can get a green mortgage rate. Avant are still the best option for me regardless of the cashback.

We opened a joint account with our local Core Credit Union this afternoon. No appointment needed and a painless process. All very friendly and easy so far. I found opening a joint account with KBC a few years ago much more arduous, though the app subsequently was in fairness, grand. The Credit Union app registration is pending so jury is out on that so far.

So long free banking, I think €4 per month for the two of us together isnt bad for what we are getting. Hopefully the Credit Unions are not going to do a legger in the foreseeable.

Our app registration came through and it went fine. App has a lot of additional functionality to the KBC one and the same stuff like setting up standing orders etc.

My wife mistook the activation pin versus her password and got locked out, she had to call support. She got straight through and it was sorted right away, very impressed!

I signed up with PTSB last week via the app. Account is open now just waiting for my card.

Avoid cashback deals unless you are tight on funds when you buy your house.

Banks get the cashback back with higher interest rates for those loans and in many cases you are paying handsomely for the cashback

Thanks for that 😉

Thanks for that , my CU is under the My Current account and actually not bad in terms of what the app facility offers.

Thanks for the info 👍

I've always had to use the physical card reader & then imput the code provided on it, whenever adding a new payee.

Yeah I got the debit card and pin in the post but no card reader. If I go to order one from online banking, they want me to pay for it and crazy wait times on the phone. Only opened the account last week but thinking about closing it and going somewhere else

I'll see if I can find an old Ulsterbank one. Not sure if it's still around. They're the same technology with different branding. The codes are based on the card and pin so you can use any AIB or Ulsterbank one.

Although it does say here that your first one should be free, as stated by the poster above.

How do I order an AIB Card Reader?

Edit: I found it but it says battery low. Takes 2 CR2032 3v batteries if you want it?

Ah man. I just opened a current account with AIB this week 😫.

What a farce this is turning into :-(

Just listened to the Indo Daily podcast which gives a good overview of the Irish banking sh1tshow

The remaining banks dont have enough staff to deal with all the Ulster Bank-KBC customers looking to find new homes for their accounts.

I went with AIB as couldn't stand Bank of Ireland. The app for AIB isn't great compared to KBC. The tablet app just opens browser when logging in and doesn't even use the app at all. I plan to just use AIB to get my salary in and for savings account. I'm just going to send money to my N26 account and use that to manage standing orders and direct debits if possible. I use Revolut as my day to day card along with for all online purchases and usually topped it up via KBC. Will just use N26 to fund it since AIB will charge me every time.

That's interesting, Last year I was quoted 7k to break out of my fixed rate. I have 7 years remaining in fixed, maybe 18 in total on mortgage. I wonder has the breakage calculation changed with them closing.

Well here now a one who doesn’t use revolt or n26 or anything similar.

I just use my AIB credit card for pretty much everything the cash back more than covers the fees and it’s nice and simple having everything under one roof.

I have been with them almost 40 years . Only opened kbc account for savings which I think I’ll leave there till the death

I must give them a ring next week, I have about a year left on my current fixed rate. Would be happy to fix again with KBC at the same rate for another 5 years if possible. That's with the assumption BOI will honor the fixed rate when the mortgage transfers over