Irish Bank Ratings – Which is the best bank in Ireland?

Irish Bank Ratings – Which is the best bank in Ireland?

If you’re looking for Irish bank ratings, be aware that there are a lot of banks to choose from – so many that finding the right one can be a real hassle.

To prevent information overloadhere’s a roundup of the best NOW.

Bank of Ireland (BOI)

It’s one of the BIG 2 in the region– Allied Irish Banks (AIB) is the other. There are advantages and disadvantages to BOI, so here they are.

Professionals

#1) Customer service

This is one of their strengths – which is quite surprising for such a large company. If you are face to face then you will love the service you get in most branches.

cons

#1) Overdraft fees

One thing they tend to do is occasionally charge “overdraft fees” to your account when your account is NOT overdrafted. Obviously you can usually fix things, but growing up is a huge hassle.

#2) LONG lines

If you’re in-person—and like managing your money at a brick-and-mortar branch—plan to pick up some reading material. All online ratings of Irish banks can confirm this.

AIB

This is the other of the BIG TWO.

Professionals

#1) Many services

They are essentially a one-stop shop for financial services. Whether you want a loan… a credit card… a student account… even a “graduate account”… they have what you need.

cons

#1) Customer service

This is probably their weakest point. As with most national companies, they have issues with customer service and are not the fastest financial institution.

Quite simply, they are not the most organized branch around – and like BOI they plan to wait a while before speaking to a teller.

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