High Interest Current Account

1.00% A.E.R.* variable

Why leave your hard-earned cash sitting idle in your current account when it could be earning a high rate of interest. Make your money work for you. Choose our AIB High Interest Current Account.

This rate is available to new customers or existing customers who swap into a High Interest Current Account from another AIB current account. Rate of 1.00% A.E.R.* variable is available from 19th May 2009.

Here's how it works

• You lodge EUR 1,500 into your account each month to qualify. (Just arrange to have your salary paid into your account, or make several small lodgements that add up to EUR 1,500).

You will then earn an interest rate of 1.00% A.E.R.* variable on credit balances in your account up to EUR 1,500.##

• You don't have to keep EUR 1,500 in your account for the whole month. (We know you have to pay your bills). So, don't worry if your balance drops below EUR 1,500 during the month. You will still earn 1.00% A.E.R.* variable on the credit balance in your account.
• We calculate interest daily and pay it quarterly so even if you don't qualify for interest one month, say you don't lodge EUR 1,500 that month, you can still earn interest the following month.

Remember....
All you have to do is lodge EUR 1,500 during the month. If you don't, you won't earn interest that month. It's that simple.

A Current Account with high interest and more...

• You can also qualify for a way to bank free of maintenance and transaction fees.**
  (Please refer to our Regulatory/Important Information for more details).
• An AIB Debit Card (ATM, Laser and Maestro in one), for use at cash machines and at Point of Sale.
• Award winning AIB Phone & Internet Banking , letting you check balances, pay bills, top up your mobile, transfer money in Ireland or abroad, and much more.
• Access to cash at 2,000 cash machines in Ireland and up to a million abroad.
• Access to 280 AIB outlets nationwide.
• An overdraft #- if you need one, please apply (subject to the bank's normal lending criteria and terms and conditions).

What about Fees and Charges?

Once your account is open, our standard current account fees and charges apply.
But remember you can qualify to bank free of maintenance and transaction fees** each fee quarter, if you:

1. Use your AIB Debit Card to make a purchase, and

2. Make a debit transaction using AIB Phone & Internet Banking e.g. pay a bill or top up your mobile.

If you're an AIB customer and are not already registered for AIB Phone & Internet Banking call 1890 724 724 today.

Overdrafts#

Authorised overdraft facilities on this account will be at the Bank's standard variable 'A' Overdraft rate (plus surcharge on any unauthorised overdrawn balances). If you have changed to the AIB High Interest Current Account from another AIB account, this rate will replace any other rate which may previously have applied.

Notice to Existing AIB Customers

If you are an existing AIB Customer and you change to this account, you may lose certain benefits you had with your old account. If in doubt, just ask in branch or give us a call on
1850 15 24 28 (9am - 5pm, Monday to Friday) and we'll go through all the details.

What if I'm not an AIB Customer?

No problem. Switching is easy.
For information on switching your account, please view our Related Information section.

Regulatory/Important information

* Rate quoted is Annual Equivalent Rate and is variable. Credit Interest is subject to DIRT, at the prevailing rate. For further information visit revenue.ie at the bottom of this page. You must lodge a minimum of EUR 1,500 per month to qualify. Interest will be earned on a maximum credit balance of EUR 1,500 per month. Earn interest rate of 1.00% A.E.R. variable when you open a High Interest Current Account from 19th May 2009. Existing AIB High Interest Current Account customers who are not availing of any promotional rate will continue to earn standard rate of 1.00% A.E.R. variable on the balances in their current account up to EUR 1,500. The rates quoted above are correct at the 19th May 2009. These may vary from time to time. Details of the current rates will be displayed in our branches.

**Other charges still apply. Please see our booklet 'A Guide to Fees and Charges for Personal Accounts' for details. You can qualify to bank free of maintenance and transaction fees if you are an AIB personal Current Account customer and are registered for AIB Phone & Internet Banking and have an AIB Debit Card, provided the Debit Card is used for at least one purchase transaction and AIB Phone & Internet Banking service is used for at least one debit transaction in each fee paying quarter. The fee quarters end on the last working Friday of February, May, August and November each year.

#Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. A facility fee of EUR 25.39 per annum or per overdraft sanction will apply.

##For the purpose of earning credit interest, a month means the period starting on day 16 of each month and ending on day 15 of the following month. Where day 15 occurs on a weekend or public holiday, the monthly period will end on the previous working day and the start date for accrual of credit interest for the next month will be the next calendar day. Lodgements may be made in any of the usual ways. Lodgements made at our branches or through An Post on any business day during opening hours will be processed that day. Lodgements made by AIB Phone & Internet Banking on any business day prior to our processing cut off time will be processed that day. Lodgements made outside those times will be processed on the next business day. Interest accrued on credit balances on your account will be off-set against interest accrued on debit balances on your account (including surcharge interest, if any) in the same quarter and the net amount will be applied to your account. Credit interest is credited to your account quarterly in March, June, September and December.

Debit Cards are liable to annual Government Stamp Duty. Currently, Government Stamp Duty of EUR2.50 per card applies where the card is used for either an ATM or in-branch transaction or a Point of Sale transaction, and EUR5 per card applies where the card is used for both.

The Criminal Justice Act, 1994 requires us to check the identity of all new customers. When opening an account you will be asked for formal photographic identification documents such as a valid passport or a current driving licence (with photo) and suitable documentation to verify your permanent address such as a household bill.

AIB High Interest Current Account is available to personal customers only.

Terms and conditions apply. These are set out in our booklet 'Terms and Conditions for Current Accounts and Demand Deposit Accounts'. For further details on the credit interest you can earn and fee and charges please see our booklet 'A Guide to Fees and Charges for Personal Accounts'. See our Related Information Section for both.

Terms and conditions apply. Allied Irish Banks, p.l.c. is regulated by the Financial Regulator.

Fees and Charges

View our Personal Account Fees and Charges in our Related Information Section.
View our Interest Rates in our Related Information Section.

Important / Regulatory Wording

Terms and Conditions apply.

Please view Terms and Conditions for High Interest Current Account below.

• Terms and Conditions for Current Accounts and Demand Deposit Accounts
• www.revenue.ie

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