Student Travel Pack
If you've got itchy feet this Summer and you're thinking about travelling, AIB can help. Whether you're looking to backpack around Europe, explore the world's least inhabited corners or just get some sun for a few weeks, we've got a wide range of products and services available to help you organise your life, spread the cost of your travels and put you in control of your finances - no matter where in the world you are.
To find out more, check out our various products and services below, call into any AIB branch or contact our dedicated AIB Student Centre on 1890 788 336 (lines open 9am to 9pm Monday to Friday).
How will I finance my trip?
'I want to book my flights now but I don't have enough money this month to cover it, what's my best option?'
Interest-Free Overdraft
If you have an AIB Student Plus Account and apply for, and are approved for, a new overdraft facility, you'll benefit from our 'interest-free' overdraft deal which means you'll get your overdraft on an interest-free basis up to a maximum of EUR1,500 or your approved amount, whichever is less. Authorised Overdraft facilities over EUR1,500 will attract the Bank's Standard Variable 'A' rate for Personal Overdrafts on balances greater than EUR1,500. The current variable Interest Rate is 11.95%. If you had an AIB Student Plus Account with an Authorised Overdraft limit before 15th October 2007, you are currently benefiting from a reduction of 1.5% in the Bank's Standard Variable 'A' rate for Personal Overdrafts. You can apply to convert this to the new 'interest-free' option through your local branch or by contacting the AIB Student Centre. In addition, with an AIB Student Plus Account, you won't have to pay the normal overdraft facility fee of EUR25.39.
Reduced Rate Personal Loan
You will receive 1.5% off the Bank's Standard Variable 'A' rate on Personal Loans. The Interest Rate is currently 9.45%, APR 9.79%, subject to variation.
'What's the easiest and safest way to make payments abroad?'
AIB mc˛ Student MasterCard Credit Card*
The AIB mc˛ Student MasterCard has a limit of EUR600 and can be used in 24 million locations worldwide. With no annual fee# and a special introductory annual interest rate on purchases for 12 months from the date the credit card account is opened. At the end of those 12 months the annual interest rate reverts back to the standard rate applicable to purchases at that time. You can also avail of up to 56 days interest-free credit and pay no interest if you clear your balance in full and on time. You can use your AIB mc2 Student MasterCard along with your PIN to withdraw cash at any ATM machine or branch that displays the MasterCard logo at home and abroad. Fees and charges apply. Please ask in your local branch for our AIB mc2 Student MasterCard brochure for details.
*mc˛ Student MasterCard has a design that is new to the Irish market and it's possible that some ATMs, Vending Machines and POS devices may not have the technology to accept the card and may reject or retain it. This includes some cinema, train and car park ticketing machines.
'I need some local currency for the first few days of my trip.'
Foreign Exchange
Our branches sell the currencies most demanded by our customers at very competitive rates. Make sure you contact your branch at least 10 days in advance of your departure to order the currency you need. There are no commission charges when you buy or sell foreign currency notes and cash or lodge travellers cheques.
'How will I manage my money while seeing the world?'
AIB Phone & Internet Banking
Register for AIB Phone & Internet Banking before you head abroad and you'll be able to:
Check and maintain your account balance and transactions from anywhere in the world. Banking Services may not be available during the period from 03.00 am to 07.00 am Irish Time.
- Make International Payments - pay for accommodation or rent when abroad.
- Pay your credit card with the Bill Pay option.
- For more information on the services available, please visit www.aib.ie
- You can register for AIB Phone & Internet Banking in three ways:
1. By phone, on 1890 724 724
2. Online at www.aib.ie
3. Drop into your local branch
'How can I top up my mobile phone while I'm travelling?'
AIB Top Up by Text
AIB Top Up by Text is the easiest way to top up while you're abroad*. Once you register, you'll be able to top up your mobile with a simple text message.
1. To register for AIB Top Up by Text, you must first activate AIB Phone & Internet Banking by calling 0818 724 724 (international +353 (0) 1 771 24 24). They can register you for Top Up by Text at the same time. Alternatively, once you're activated for AIB Phone & Internet Banking you can register for Top Up by Text online. Simply go to www.aib.ie, log on and select 'Mobile Top Up' from the left menu, select 'Top Up by Text' and follow the easy steps to register.
2. Once you're registered for Top Up by Text, you can top up by EUR15 simply by texting 'topup' to 50131. To top up for any other value, simply text 'topup' and the value to 50131 (e.g. topup 10).
3. You will receive a text back from AIB confirming your request and requesting three random digits on your AIB Phone & Internet Banking Personal Access Code (PAC). Reply to 50131 with the requested three PAC digits (e.g. 297). You will then receive a message from AIB stating that your top up request is being processed. (Please note that for security reasons, your text request will time-out if you do not reply within fifteen minutes).
* Top Up by Text is available to Meteor, O2 and Vodafone customers with 085, 086 and 087 numbers only. Please note that availability while roaming is dependant on your mobile operator. Additional charges may apply.
'Got my ticket, got my bags packed, what else do I need?'
AIB TRAVEL INSURANCE
Single & Annual Multi Trip Travel Insurance
If you're only planning a short break, you can select cover for a single trip, but if you're a more frequent traveller, you can opt for our annual multi trip policy. We also cover for winter sports if that's what you need. If you have suitable private health insurance with VIVAS Health, Quinnhealthcare or Vhi, you could save even more by selecting our AIB Healthcare + Holiday Travel Insurance. Individual cover to Europe starts from as little as EUR17 for a single trip policy when you purchase online.
Backpacker's Travel Insurance
If you're taking a longer trip, we'll cover you from 45 days to 13 months - and if you choose not to cover your backpack, your policy could cost up to 50% less. As well as cover for backpackers, we also offer cover to those travelling abroad for:
- Education
- Voluntary work
- Work - non-manual or light work (paid or unpaid)
Buy online and get a 10% discount at www.aib.ie or call 1850 404 204 (Mon - Fri 9am -5pm).
All travel insurance policies can be purchased by credit card or debit card.
'Who do I contact if I have any questions?'
Our dedicated Student Centre has a specialised team that's available to deal with all your queries. To apply for a Loan, Overdraft, Credit or AIB Debit Card, simply call 1890 STUDENT, that's 1890 788 336 or internationally + 353 45 873 328 (lines open 9am to 9pm Monday to Friday). The preferential benefits on AIB Student Plus Overdraft, Personal Loan, AIB mc2 Student MasterCard and Foreign Exchange are only available to AIB Student Plus Account holders. To avail of these benefits you must identify yourself as an AIB Student Plus Account holder at the time of application and request the special AIB Student Plus Account rate.
Important / Regulatory Wording
Terms and conditions apply. Credit Facilities are subject to repayment capacity and financial>status, and are not available to persons under 18 years of age. Security may be required. For Student Loans, a typical EUR1,500 one-year loan to students will have monthly repayments of EUR131.45 Interest Rate 9.45%, APR 9.79%. If the APR does not vary during the term of the loan the total cost of credit of this loan i.e. total amount repayable less the amount of the, would be EUR77.40
#Government Stamp Duty of EUR30 is charged annually per credit card account. Debit Cards are liable to annual Government Stamp Duty charge which is applied in January of each year. Currently EUR2.50 per card applies where the card is used for either an ATM/In Branch transaction or a Point of Sale transaction, and EUR5 per card applies where the card is used for both.
You must hold an AIB Student Plus Account to apply for the offered benefits or discounts on an overdraft and/or a Personal Loan, for an AIB mc˛ Student MasterCard credit card or for Commission-Free Foreign Exchange. Rates and repayments correct as at 16th December 2008.
Allied Irish Banks, p.l.c. and AIB Insurance Services Ltd. are regulated by the Financial Regulator.