Top two banks charge the most for credit cards

The country’s top two banks, AIB and Bank of Ireland, are the only credit card providers that charge customers interest on money paid off their credit card if the bill is not repaid in full, according to a survey by The Sunday Business Post.

21st October, 2006

The survey asked providers whether a customer with a €1,000 bill would be charged interest on the €1,000 if they repaid €900 by the repayment date, or if the customer would only be charged interest on the outstanding €100. Only AIB and Bank of Ireland said the customer would pay interest on the €1,000.This means customers of the two banks could pay more than 18 per cent interest on money they have already repaid to...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago