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Maintenance fees, contactless and ATM charges - here's how much you're paying your bank

Do you know how much you’re paying out for using your cards?

Updated on 31 January at 6pm

DO KNOW HOW much you’re paying your bank every time you take out cash at an ATM or use your card for contactless payments? And let’s not forget about those maintenance fees.

Mark Whelan from price comparison site, bonkers.ie told TheJournal.ie that “the days of free banking are long gone”, but added that customers can make sure they’re getting the best deal for them by being aware of how much they’re being charged.

ATM charges range from 0 cent up to 35 cent, while contactless payments could be on the rise with AIB starting to charge 20c per use next month. Speaking about contactless, Whelan said:

This is an increasingly popular and incredibly handy way to pay for your €2 flat white every morning, but customers should know the cost of this convenience.

While AIB are set to charge 20 cent for each contactless payment from 24 February, Permanent TSB customers can actually make money as the bank will give 10c back for every contactless transaction under the bank’s Explore Account. It will pay out up to a maximum of €5 per month – that’s 50 contactless payments.

AIB have since announced that from 24 February they will continue to waive contactless fees.

ATM charges:

  • AIB - 35c
  • Bank of Ireland - 25c
  • KBC - 30c
  • Permanent TSB - 0c
  • Ulster Bank - 0c

Contactless charges:

  • AIB – 0c
  • Bank of Ireland – 1c
  • KBC – 0c
  • Ulster Bank – 0c
  • Permanent TSB – 0c, but with the bank’s Explore Account, customers will receive 10 cent back for every transaction, up to a maximum of €5 per month

Commenting on AIB’s upcoming payment, Whelan said, “It will be interesting to see which banks follow suit.”

shutterstock_355551497 Shutterstock / Bacho Shutterstock / Bacho / Bacho

Maintenance fees are another charge that each bank applies, however customers can usually avoid them by meeting certain criteria.

Whelan added, “Most banks do still offer ways to avoid those maintenance and transaction fees, which can really add up over the course of a year.

The criteria that must be met to avoid fees with one bank, may be a lot easier to meet than the criteria set by another, depending on each person’s spending habits.

Maintenance fees per quarter 

  • AIB – €4.50
  • Bank of Ireland – €5
  • KBC – €6
  • Permanent TSB – €12
  • Ulster Bank – €12

Fee waivers

  • AIB – fee-free if customers keep €2,500 on deposit at all times
  • Bank of Ireland – there’s a €5 quarterly maintenance fee for all customers, but transaction fees will be waived for customers who keep €3,000 on deposit at all times
  • KBC – fee-free if customers lodge €2,500 every month
  • Permanent TSB – with the bank’s Explore Account, customers are charged €4 every month, but this can be offset by the fact that the bank will pay back 10c on every debit card transaction.However, this is capped at €5 a month. So, it is possible to actually make €12 over the course of a year.
  • Ulster Bank – fee-free if customers keep €3,000 on deposit at all times

Read: Irish banks have frozen Al-Qaeda assets of over €1 million>

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93 Comments
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    Mute Eugene Walsh
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    Dec 12th 2015, 7:09 AM

    I know everyone deserves a shot but if paddy went to Romania and behaved like that, he’d be sure of a good hiding from the cops or have the book flung at him in the courts for a sentence he wouldn’t forget.

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    Mute Andrea Brown
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    Dec 12th 2015, 10:35 AM

    In Balkan countries you do not mess with the police and jails make Mountjoy look like Disneyland.

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    Mute Claire Healey
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    Dec 12th 2015, 11:46 AM

    Why brin the Balkans into it? They have nothing to do with Romania!

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    Mute Claire Healey
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    Dec 12th 2015, 11:47 AM

    Why bring the Balkans into it? They have nothing to do with Romania!

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    Mute Frank Cauldhame
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    Dec 12th 2015, 12:00 PM

    The baltic weather sometimes causes brain-freeze, Romania is indeed part of the Balkan peninsula.

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    Mute Claire Healey
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    Dec 12th 2015, 12:10 PM

    Ah – I hadn’t realised the border extended all the way up to the Danube. I have been to a Baltic prison however, which would make any Irish prison seem like a 5 star holiday camp.

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    Mute Dawn Ní Shíocháin
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    Dec 12th 2015, 7:27 AM

    And this is exactly why people reoffend.

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    Mute None
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    Dec 12th 2015, 8:51 AM

    Yes and no previous convictions translates as hasn’t been caught before until now. What a joke of a justice system we have, no wonder Dublin is in decay, there’s no consequence to bad behaviour.

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    Mute nikki
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    Dec 12th 2015, 9:38 AM

    St Vincent de Paul will prob pay the fine for him anyway

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    Mute John Kelly
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    Dec 12th 2015, 11:04 AM

    Why? To pay 3k every time?

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    Mute John Kelly
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    Dec 12th 2015, 11:06 AM

    First paragraph states that he has now paid the fine.
    Further down states that at court in June he was given 6 months to pay.
    6 months = december

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    Mute Jack Bowden
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    Dec 12th 2015, 11:22 AM

    Maybe he shouldn’t have paid the fine. He would have got “six months” but would have been let of of prison after an hour an a half.

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    Mute Dawn Ní Shíocháin
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    Dec 12th 2015, 12:41 PM

    He acted very violently in a corner shop to an innocent man doing his job. If this is his style of dealing with things that irritate him, who knows what he could do to source the €3000.

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    Mute Maximus
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    Dec 12th 2015, 7:25 AM

    €3000 = sorrow and regret are Genuine, Judge = Joke.

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    Mute Paul FitzGerald
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    Dec 12th 2015, 7:27 AM

    Seems as though the Romanian chap has integrated well with the local population.

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    Mute John Doyle
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    Dec 12th 2015, 8:02 AM

    Back on the boat for that Romanian parasite

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    Mute bandido
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    Dec 12th 2015, 7:51 AM

    Not the first time of heard of that particular judge giving soft sentences

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    Mute Mr G
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    Dec 12th 2015, 8:09 AM

    I can bet it he headbutted a member of the emergency services. The story would be calling for mandatory sentences to be introduced. Do ordinary people not count when it comes to assault.

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    Mute Ronan McDermott
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    Dec 12th 2015, 8:52 AM

    Sounds like a real nice guy. 3000 for an attack like that involving bleeding caused by biting sounds too low. After blood testing it would have taken a long time to be sure he wasn’t infected with something.

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    Mute mickmc
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    Dec 12th 2015, 8:12 AM

    It’s a bit like a Scottish bloke I kind of half know who’s being living here about 15 years and is always giving out the eastern European “Foreigners” he has to work with. I point the irony out to him once but for some reason he didn’t consider himself a “foreigner”.

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    Mute Larry L'Oiseau
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    Dec 12th 2015, 9:29 AM

    You do know the history of population movement between Ireland and Scotland ?

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    Mute mickmc
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    Dec 12th 2015, 9:41 AM

    I’d have a working knowledge. What’s your point?

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    Mute Daisy Chainsaw
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    Dec 12th 2015, 2:38 PM

    Brits abroad call themselves expats, not migrants, or emigrants. Everyone is a foreigner to them, regardless.

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    Mute Mike Cantwell
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    Dec 12th 2015, 9:34 AM

    I thought only white folks could be racist

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    Mute whereisspace
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    Dec 12th 2015, 9:54 AM

    Pop to any Middle Eastern country and you’ll see more racism in 1 day there than you would in 1 year in Europe. There’s no attempt to hide or discourage it over there.

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    Mute Ariana
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    Dec 12th 2015, 10:15 AM

    Most Romanians are white, so that’s a pointless comment.

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    Mute Liamnolan
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    Dec 12th 2015, 11:25 AM

    Send the yoke back to where he came from…..

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    Mute John Molloy
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    Dec 12th 2015, 1:05 PM

    Madness that the incident happened in June 2014 and only getting sorted out now. Only arrived in Ireland and was unemployed.For this type of offence he should be told to “paint and decorate” Romania and be kicked out.

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    Mute Eddie Byrne
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    Dec 12th 2015, 1:52 PM

    Just deport him

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    Mute An Sciathán Deas
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    Dec 12th 2015, 1:06 PM

    If this was any other country with sane border laws he would be sent home after a long prison sentence.

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    Mute John Kelly
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    Dec 12th 2015, 11:02 AM

    3000 out of pocket. He will remember that the next time he is having a few scoops

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    Mute Paul Freeman
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    Dec 12th 2015, 12:23 PM

    Who hasn’t had a few scoops and then a good Indian meal.

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    Mute Daisy Chainsaw
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    Dec 12th 2015, 2:33 PM

    Sounds like the sort who wouldn’t want a Muslim consultant.

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    Mute Katherine
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    Dec 31st 2015, 5:02 AM

    Hello! Your site is great!
    How much time did you spend to write so awesome articlesHappy New Year T Shirts

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    Mute HotPotato
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    Dec 12th 2015, 12:56 PM

    Absolutely disgusting! If an animal bit a person it would be put down!! This vile person should be deported back to his motherland & never again be allowed back to Ireland. Much too lenient a sentence in my opinion.

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