Meet Emma
Overlay
Important Notice about Closure to New Business
With effect from close of business 29 October 2021, Ulster Bank Ireland DAC will not accept any new application requests from personal customers. There are some exceptions to this for existing customers, click here for further information.
Our current account fees and charges
Important Change
At this time, Ulster Bank will not be proceeding with the increase to the transaction fee for Payments and Transfers carried out in a branch from €0.20 to €0.80 as previously advised earlier this year to impacted customers. This change was due to take effect from 18th April and is unrelated to our response to COVID-19.
Fees and charges explained
Fees and charges apply to the following accounts; Current, Standard, Dual, Current Plus and Facility Accounts.
We charge a fee for maintaing the account (monthly maintenance fee) of €2.
We charge transaction fees for the following transaction types:
o Contactless transactions
o Automated transactions
o Debit card transactions
o ATM withdrawals
o In branch and counter transactions
Transaction type |
Description | Fee per transaction |
| Contactless |
|
€0.01 |
| Automated |
|
€0.20 |
| Debit Card |
|
€0.20 |
ATM Withdrawal |
|
€0.35 |
| In branch/ Counter (Including An Post**** and Cash & Cheque lodgement machines) |
|
€0.80 |
Charges for additional services may still apply. Please see our booklet A Guide to Personal Accounts Fees and Interest.
* The Single Euro Payments Area (SEPA) includes any countries within the European Economic Area (EEA) & Switzerland, San Marino & Monaco
** Euro Debit Card, In app Apple Pay and In App Google Pay transactions completed online, over the phone or via mail order, irrespective of whether the retailer is based inside SEPA or outside SEPA, will be charged this fee
*** Including Emergency Cash & Get Cash transactions
**** Cash and cheque lodgements must be lodged separately at An Post outlets and separate transaction fees will apply. Cash withdrawals cannot be undertaken at An Post outlets.
Waivers explained
- If you keep a minimum cleared balance of €3,000 in your account at all times during each charging cycle you won't be charged transaction fees, however you'll pay the €2 monthly maintenance fee.
- If you are aged 66 or over you will not pay transaction fees or the monthly maintenance fee.
- Fees and charges will be applied to your account each month. You can find more information on our charging cycles in our booklet Guide to Personal Account Fees and Interest.
- If the amount of your monthly fee and transaction fees is €4 or more each month, we’ll send you a pre-notification of charges statement to let you know how much you’ll be charged, at least 10 business days before we apply any fees.
Check the table below for further information on the waivers:
| Description | What you'll be charged | ||
| Age-based waiver | Accounts maintained by customers aged 66 years of age and over | Free from transaction fees Free from fee for maintaining the account (monthly maintenance fee) |
|
| Balance waiver | Cleared balance of €3,000 is maintained for each charging cycle | Free from transaction fees Fee for maintaining the account (monthly maintenance fee) will apply |
|
Manage your transaction fees
We want you to get the most out of your Ulster Bank Current Account. Here's some ways to help you manage transaction fees:
Not registered for Anytime and Mobile Banking?
As a registered Anytime Internet Banking customer, you can save money if you transact online or use our mobile app. Compared to ATM or in branch transactions (€0.35 or €0.80), online transactions will cost you €0.20 per transaction.
Use Contactless payments, Apple Pay or Google Pay
Contactless, Apple Pay or Google Pay (for purchases up to value of €50) transactions cost the lowest - €0.01 per transaction.
Use your Visa debit card
Debit card purchases in store or online cost €0.20.
Get cash back
Withdrawing cash in the branch costs €0.80 or €0.35 at an ATM. Reduce these fees by getting cash back using your debit card which costs €0.20 per transaction.
Use fewer cheques
Cheques are a costly way to make a payment. Make payment by electronic transfer, Direct Debit or use your debit card to reduce transaction fees.
Fee waivers
Transaction fees are waived if a €3,000 balance is maintained in your account at all times during each charging cycle. The monthly maintenance fee of €2 will still apply.
Transaction fees and the monthly maintenance fee are waived if you are aged 66 or over.
Take a look at the 'Waiver explained' and 'Fees and charges explained' sections above for more information.
Check your account type
Transaction and maintenance fees do not apply on Student, Adapt, ufirst*, ufirstgold*, Foundation and Private Accounts.
Statement of Fees
We have recently introduced a new annual Statement of Fees (SoF) for personal current account customers. This statement details the fees and interest that has been paid or earned in the period shown on the SoF. For more detail on SoF, please read through our FAQs.
*No longer on sale
A breakdown of fees
