AIB abolishes fees on current accounts


AIB has become the latest bank to offer free banking to its customers.

AIB customers with personal current accounts who, each quarter, use AIB phone/Internet banking and their AIB debit card for one transaction will now qualify for free transaction banking.

Free transaction banking will begin on May 27th, 2006. Customers who meet the qualifying criteria between May  27th and  August 28th, 2006 will not pay transactions fees. The same qualifying criteria will apply for each subsequent fee quarter.

AIB already provides free transaction banking for students and customers over 60. This will continue.