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    Mortgage interest charged

    My thinking is the same as Brendan's. That you're not comparing the 2 periods equally. When did you take out the mortgage? Did something else change in the meantime? You mention the €5k over payment so you may be on a fixed rate with AIB. Did you fix your rate during the 2 periods you're...
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    AIB joint account card payment approval query

    When I buy something with my AIB credit card, when approving the transaction, I have to choose my number or my wife's. I presume debit cards can be set up the same way.
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    AIB Regular Saver: How does it work??

    @baj2005 your figures are correct. Also in month 13, it goes back to €1000 and the incremental limit for 3% starts again. I am feeding the AIB accounts from Bunq as you say at the end of your post.
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    AIB Regular Saver: How does it work??

    Not 48k exactly but I can move money around and keep it going on a rolling basis. You can withdraw and deposit again if you can't fulfill the max. I have the balance in Bunq and will just move over enough for the AIB savings accounts each month.
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    AIB Regular Saver: How does it work??

    I was 9 months into one of these savings accounts when I realised I could have 4 of them. Now there's €4k a month going into these 3% accounts. The money is coming from a demand deposit account which only earns 0.25%. When the 9 month account is at 12 months, it starts again so the balance can...
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    Changing Mortgage to Buy to Let Mortgage

    If you get a tenant who refuses to pay six months down the line, can your sister afford to rent and pay the mortgage? Is the partner's name still on the mortgage and is he paying anything towards the mortgage? If it was me, I'd look to sell.
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    AIB query - Debit Card doesn’t always work on my phone…

    I think that's only if you're using the physical card as the phone requires a pin to use the payment wallet anyway.
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    Paying utilities with credit card for cashback

    Is there a flaw with my plan to pay our utilities with the AIB Platinum Credit Card? I have already paid a large gas bill this month. I don't see anything against this in the card T&Cs. What about the direct debit discount we have with utility companies? Technically we still have a DD mandate...
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    Mortgage overpayments

    If you keep over paying, the mortgage will naturally be paid off early anyway but you have the option to skip a month's overpayment if you wish. Or stop the overpayments altogether if circumstances change. With the shorter term you are stuck paying the higher amount.
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    Is a secured credit card possible in Ireland?

    I don't think they want a regular credit card. Bunq have recently given a 'credit card' to customers. I didn't want another credit card because of the €30 stamp duty so I looked into this a bit more. Apparently it's a pre paid debit card but coded as a credit card for payments so it can be used...
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    AIB Fixed Rate Mortgage - now allows €5,000 early repayment annually

    Yeah, that's happening with me too. The €5k allowed overpayment amount is reducing with each payment. But after that it'll go back to the calculation to work out a fee which will be €0. People should be mindful that the zero fee is based on fixing at a lower rate than is available now. When...
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    AIB Fixed Rate Mortgage - now allows €5,000 early repayment annually

    RedOnion was making the point that if your current scheduled payment is 1000 a month and you pay a lumpsum, which reduces your scheduled payment to 900, then you can pay the 100 as an extra payment each month so your actual payment remains at 1000. The scheduled payment is the calculation of...
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    AIB - Fixed Green Rate & Lump Payments

    There are a couple of threads on this already but as your mortgage rate is lower than any rate AIB currently offer, you can pay what you want at any time during this fixed rate period.
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    AIB Fixed Rate Mortgage - now allows €5,000 early repayment annually

    You took out your mortgage in 2021 so the rates are now higher. You can pay as much as you like and as often as you like without a fee. The €5,000 is in addition to what is covered under AIB's rules for calculating the break fee. So if the rates were now lower than the rate you fixed at, it...
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    Mortgage overpayment queries

    You are right about this. The letter you receive has the new calculations for the remaining term and remaining balance, which has been reduced by your overpayment. The new calculation states your new monthly repayment amount based on the above. The term hasn't reduced but the monthly payment...
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    Avant Money Credit Card

    My An Post credit card app also prompted me to add it to Google Pay. They must have implemented it but haven't publicised it yet. Avant are now listed on the Google Pay site. https://support.google.com/wallet/answer/12059326?visit_id=638326603017787749-712404220&rd=2
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    Our AIB mortgage interest is only added quarterly. Does monthly payment go off the principal?

    Our AIB mortgage account had a debit of €809 in September labelled "INTEREST CHARGED". Last one was in June. When we were with KBC I could use the pmt function in Excel to work out the payment and then I would calculate the month's interest and take this away from the payment to work out...
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    AIB Fixed Rate Mortgage - now allows €5,000 early repayment annually

    I know you said in another thread that you prefer reducing the term but in my opinion you're better off reducing the monthly repayment. We pay extra every month off our mortgage. We receive a letter a while later saying that the break fee is zero and our new monthly payment is €XXX. If you keep...
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    Overpayment / re-fix flexibility of AIB's green 5yr fixed rate (and some other rates)

    I've set up a standing order to pay extra off our main mortgage and top up mortgage every 2 weeks (when we get paid). It's going to be a waste of paper sending out 4 letters every 2 weeks. Wish they would just do it by email or adding them to my account.
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    Overpayment / re-fix flexibility of AIB's green 5yr fixed rate (and some other rates)

    It will definitely be €0. They have no rates anywhere near 2.15% now. The letter will only state your new monthly repayment. If you want to, and it's easily affordable, you could pay the monthly reduction amount as an extra payment every month and it would still be €0 break fee each time.
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