But you don't want to fix with Avant at 1.95% only to find that the Ombudsman tells AIB to put you on a rate of ECB +0.8%.
So what should you do?
I think you should apply to Avant now to switch. But don't press the switch button until you get the Ombudsman's decision.
But it depends on the strength of your case. If your case is weak, just go ahead and switch to Avant. Then if your case is upheld, you can argue that you would not have switched if AIB had given you the cheap tracker.
If you feel very confident in your case, then you probably should not switch.
To be fair to the banks, they have restored trackers in most cases where there was any claim at all. The result is that the Ombudsman rejects most complaints. So, without knowing anything about your case, statistically the chances of winning are poor.
So I would just go ahead and switch to Avant.
Brendan