AIB Regular Saver Account Rate Drop

W

whatsmoney

Registered User
Messages
91
Hi folks
Just noticed the rate on my AIB regular saver account dropped on Feb 9th from 3.5% to 1%.
T&Cs stated that it would be ECB + 2.5% for 12 months from account opening, but I had the better rate for a lot longer than 12 months.
May be of interest to people to check if it also dropped for them.
 
Actually I just checked and had the rate for only 12 months.... but it is a good reminder for people to check that their one year introductory rate is finished!! ;0)
 
Yeah, the rate changes after 12 months.

Another one of the many sneaky T&C's that AIB attach to this product to trick their customers with headline rates and subsequently play on inertia.

 
So to get the decent interest rate again, do you literally have to just close the account and then open the same account up again straight away?
 
Vega said:
So to get the decent interest rate again, do you literally have to just close the account and then open the same account up again straight away?
Click to expand...

No. You cannot transfer a lump sum from your old regular saver into a new regular saver as it is capped at 500 EUR per month.

Choose a different product with a different bank that does not screw customers over after one year.
 
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