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Are you looking for a low interest credit card Ireland to better manage your finances? This type of credit card is one of the best on the market, especially for those experiencing financial difficulties.
However, for the card to be useful, you need to know which low interest credit card Ireland suits your profile. Whether it’s to carry a revolving balance, consolidate debt, or maximize rewards, it’s crucial.
In this article, you’ll learn about the top ten products in the Irish market. We’ll go beyond superficial numbers, comparing rates, added benefits, and the longest promotional offers available. Keep reading to find your low interest credit card Ireland.
Detailed Analysis of the 08 Best Low Interest Credit Cards Ireland
Below, we detail the characteristics of each card, divided by consumer profile focus.
1. AIB CLICK Visa Card
Firstly, the AIB CLICK Visa Card is the market standard for a long-term low interest credit card Ireland.
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The main fees charged are:
- Standard Purchase Rate (variable) is only 9.11%;
- Lowest Representative APR, set at 13.8%.
Furthermore, there is no annual service fee, with the mandatory government tax of €30.00 being charged.
Moreover, the card offers up to 56 days interest-free period, provided the balance is settled in full, and has flexibility for minimum monthly repayments. In addition, it is fully compatible with Mobile Pay (Google Pay and Apple Pay) and accepted due to the Visa network.
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2. AIB Platinum Visa Card
The AIB Platinum combines a low APR with valuable promotional offers.
Certainly, this is a solid option for a premium low interest credit card Ireland.
Initially, its Standard Purchase Rate (variable) is 11.84%, with a Representative APR (variable) of 17.0%.
Note that the card stands out with a promotional rate of 3.83% on purchases and balance transfers for a period of 12 months.
Other advantages include:
- 0.5% Cashback;
- Access to exclusive discounts and experiences with partner brands.
Like most AIB cards, it has an Annual Service Fee and offers up to 56 days interest-free credit after the promotional period.
3. Bank of Ireland Platinum Credit Card
Firstly, the Bank of Ireland Platinum Credit Card is the card with the lowest interest rate from the Bank of Ireland, combining an attractive APR with travel benefits.
The main fees charged are:
- Standard Purchase Rate (variable) is 13.79%;
- Representative APR is 19.6%;
- Annual Fee of €76.18.
In terms of promotions, it offers a fixed 0% on purchases for 6 months or a fixed 0% on Balance Transfers for 7 months.
4. Bank of Ireland Affinity Credit Card
The Affinity card is an excellent low interest credit card Ireland for debt consolidation; As a rule, the most important fees to consider are highlighted below:
- Standard Purchase Rate (variable) is 14.57%;
- Representative APR (variable) of 20.2%.
Its main promotional offer is 2.9% fixed interest on Balance Transfers for 12 months, a very competitive fixed rate.
Additionally, the Cash Advance fee is 18.33%, which is lower than the average.
It is worth noting that there is no annual service fee, and it offers the usual 56 days interest-free credit on purchases, as well as digital control features.
5. An Post Money Flex Card
The An Post Money Flex Card stands out for having the longest interest-free purchase period on the market.
Initially, it offers a fixed 0% on purchases for 9 months.
The Representative APR is dual, 15.7% or 22.9%, with the lower rate applying depending on credit criteria.
Its Exclusive Money Transfer Offer is a liquidity feature, allowing cash advances to a current account at a fixed 5.9% for 24 months.
Furthermore, the card is accepted in Digital Wallets and does not charge transaction fees in Euro, offering physical accessibility through a network of almost 900 branches.
6. PTSB ICE Visa Credit Card
The ICE card from Permanent TSB is suitable for debt consolidation.
As a rule, its Standard Purchase Rate (variable) is 16.50%, and the Representative APR is 22.53%.
Additionally, its promotional offer includes a fixed 0% on Balance Transfers for 6 months and a fixed 0% on purchases for 3 months.
An advantage for existing customers is the instant approval process via the app. The card limit offered ranges between €1,000 and €10,000.
After this promotional period, the unsettled balance reverts to the standard rate of 16.50%, requiring planning.
7. Bank of Ireland Aer Credit Card
Although the Representative APR of the Bank of Ireland Aer Credit Card is higher, at 22.7%. Undoubtedly, this card qualifies as a low interest credit card Ireland in added value for frequent travelers.
It also has a Standard Purchase Rate (variable) of 14%. Furthermore, it charges an Annual Fee of €78.
It is worth noting that its promotional offers are a fixed 0% on purchases for 6 months or a fixed 0% on Balance Transfers for 7 months.
Its main benefit is the inclusion of Multi-Trip Travel Insurance and a competitive Foreign Exchange Rate of 2.25%.
8. AIB ‘be’ Visa Card
Initially, the AIB ‘be’ Visa Card uses a dual fee structure to encourage high annual spending and good management. Let’s look at the costs involved with this card:
- Representative APR is 22.9%;
- Standard Rate is 14.16% for users who spend more than €5,000 per year, dropping to 16.79% for users with lower spending.
Furthermore, it offers a 12-month promotional period at a low rate of 3.83% on Purchases and Balance Transfers.
The card has no Annual Service Fee and offers the 56 days interest-free credit. However, the APR rate is high, showing that the company has no tolerance for late payment of the bill.
Comparative Table of Low Interest Credit Cards Ireland
| Card | Standard Purchase Rate (Nominal) | Representative APR (Variable) | Purchase Offer (Term) | BT Offer (Term) | Cash Advance Fee |
| AIB CLICK Visa Card | 9.11% | 13.8% | N/A | N/A | N/D |
| AIB Platinum Visa Card | 11.84% | 17.0% | 3.83% (12 months) | 3.83% (12 months) | N/D |
| BOI Platinum Credit Card | 13.79% | 19.6% | 0% (6 months) | 0% (7 months) | N/D |
| BOI Affinity Credit Card | 14.57% | 20.2% | N/A | 2.9% (12 months) | 18.33% |
| An Post Money Flex Card | 15.7% or 22.9% | 15.7% or 22.9% | 0% (9 months) | 5.9% (24 months) | 16.8% [15] |
| PTSB ICE Visa Credit Card | 16.50% | 22.53% | 0% (3 months) | 0% (6 months) | 22.46% |
| BOI Aer Credit Card | 14% [4] | 22.7% [4] | 0% (6 months) | 0% (7 months) | N/D |
| AIB ‘be’ Visa Card | 14.16% or 16.79% | 22.9% | 3.83% (12 months) | 3.83% (12 months) | N/D |
| BOI Classic Credit Card | 16.12% | 22.1% | 0% (6 months) | 0% (7 months) | N/D |
| Avant Money Everyday+ | N/D | N/D | N/A | N/A | N/D |
Conclusion
The selection of the most advantageous “low interest” credit card in Ireland depends directly on your usage profile.
For the consumer looking for a revolving balance, the AIB CLICK Visa Card offers the lowest sustainable credit cost on the market. For debt consolidation, the Bank of Ireland Affinity Credit Card has the best balance of cost and term.
Now, if you settle the balance in full, the Avant Money Everyday+, with its 5% cashback return on groceries in the first year, becomes the most financially profitable option.
Now that you have a detailed analysis of the top ten products on the market, use the Standard Purchase Rate and Representative APR information to outline your credit plan.
Define your profile and use this analysis to seek approval for the low interest credit card Ireland most suitable for your financial reality.