I received a letter from PTSB that the quarterly account fee will rise to €24 from July 1st. One of their suggestions is to open an Explore account.
Does anyone have experience of this account and the cashback? Seems like nothing to risk.
Yes I've been using this account since 2020 and find it perfect for our needs
When we first joined it was because BOI removed my free banking so I looked for the cheapest alternative
Back then it was €6 per month but you got €.10c back an all purchases using their debit card
We had Sky tv and were with Airtricity so availed of these discounts
And there was a nice bonus of €0.04c off a litre of petrol with a Circle K fuel card
so all in all it was a little earner for us
Fast forward to today, Sky and Airtricity are gone for us
The ten cent has been reduced to 5 and the account fee is now €8 per month
So now rather then making a few squid it costs us about €6 per month after cash back
which I feel is just about acceptable to us, but do I really have a choice in the matter
We still have the fuel card and the discount but as far as I know anybody who applies for one from Circle K gets the discount
As regards the functionality of the account I've never had any problems with it, it does what it is supposed to do quietly in the background