Bank of Ireland review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Bank of Ireland suits Irish residents who want a regulated bank behind their current account and a fixed-rate saver they can fund by standing order. The personal current account carries a monthly fee of €6, while the SuperSaver pays 3% over 12 months.
Key facts
- Best for
- An Irish current account paired with a fixed-rate saving habit run by standing order.
- Monthly fee
- €6↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Currencies
- 21↗
- Transfer fee
- EUR 0 to UK, EU member states and EEA; EUR 5 where currency conversion applies↗
- Legal entity
- Bank of Ireland Group plc↗
- Headquarters
- Ireland↗
- Founded
- 1783↗
- Support channels
- Phone, Help-centre↗
- Pricing model
- Fixed rate
- Official website
- bankofireland.com
Savings
Money transfer
- Delivery time
- 1 banking day (euro, PSR-regulated); up to 3 banking days (sterling or non-euro EEA currency); longer outside EU/EEA↗
- Payout methods
- Bank↗
- Fee to send 1,000
- €0 to €5↗
Facts checked September 26, 2026, 9 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- WikidataWikipediaLinkedInXTrustpilot
Pros and cons
Pros
- Deposits are covered by the EU deposit guarantee scheme: EU DGS up to EUR 100,000.
- The SuperSaver pays a headline rate of 3% on a fixed basis for 12 months, from a minimum deposit of €5.
- Online currency choices run to 21, and euro payments sit in the shortest delivery window of the currencies sent.
Cons
- The personal current account charges €6 a month, where plenty of accounts in the same comparison are free to run.
- Support runs on phone and help centre only.
- SuperSaver takes savings by Direct Debit, and after 12 months the account reverts to the standard regular saving rate, which is variable.
Who it suits
- Irish residents who want a bank-regulated current account with deposit protection behind the balance
- Savers who can commit a monthly Direct Debit to a fixed rate for 12 months
- People paying or receiving money across the UK, EU member states and the EEA
Who should look elsewhere
- Anyone chasing a free current account: AXI Card Tarjeta y Credito charges €0 a month
- Savers who need instant access, since the SuperSaver is a fixed rate account fed by Direct Debit
- People who want a chat window or an email inbox, since support covers phone and help centre only
How Bank of Ireland compares
9.1 vs 8.7
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9.1 vs 8.7
9.1 vs 8.7
9.1 vs 8.7
9.1 vs 9.0Skrill's monthly fee is €0, while Bank of Ireland holds deposits under EU DGS up to EUR 100,000.
9.1 vs 8.7
9.1 vs 9.5
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.9- 9.1 vs 8.9
9.1 vs 8.7
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.4
9.1 vs 8.3
9.1 vs 8.2
9.1 vs 8.1- 9.1 vs 8.1
9.1 vs 8.0
9.1 vs 8.0
9.1 vs 8.0
9.1 vs 9.1
Where Bank of Ireland is available
- Available
- Ireland, United Kingdom
- Licence in Ireland
- Central Bank of Ireland, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does a Bank of Ireland current account cost?+
The personal current account has a monthly fee of €6. International transfers are cheaper than the account itself: fees run €0 to €5, with no charge to the UK, EU member states or the EEA and the higher charge applying only where the currency is converted.
Is my money protected if the bank fails?+
Deposits sit with Bank of Ireland Group plc, which is regulated in Ireland by the Central Bank of Ireland. Protection runs through the EU deposit guarantee scheme: EU DGS up to EUR 100,000. Both current balances and savings balances are deposits under that scheme.
How do I get money into the SuperSaver?+
SuperSaver is a fixed rate account, so savings go in monthly by Direct Debit rather than as a single payment. The minimum monthly saving is €5. After 12 months the account moves to the standard regular saving rate, which is variable.
What rate do I get on savings?+
SuperSaver pays 3% at a fixed rate rather than a variable one, and the fixed rate account runs for 12 months. Most savings accounts in the comparison field sit on a variable rate, so the fixed element here is the point of difference.
How many currencies can I hold and send?+
Online currency choices run to 21. Sending money abroad is priced on its own: transfers to the UK, EU member states and the EEA are free, and the top of the €0 to €5 range applies where the currency is converted.
How long do international payments take?+
Euro payments arrive within a single banking day under PSR rules, the shortest window quoted. Sterling and other EEA currencies take longer, and payments outside the EU and EEA take longer still. Payouts go to a bank account under bank.
How do I get help?+
Support runs on phone and help centre, with no live chat or email address listed for the savings side. That suits people happy on a call or reading published answers, and less so those who want a chat window with an agent.
Is this bank aimed at customers outside Ireland?+
Bank of Ireland is headquartered in Ireland and was founded in 1783, so the products are built for an Irish customer base. International transfers reach the UK, EU member states and the EEA, and euro payments are the quickest of the currencies offered.
Sources
- bankofireland.com checked September 26, 2026
Backs: Deposit protection, Legal entity, Licences
“Bank of Ireland Group plc”
- bankofireland.com/savings checked September 26, 2026
Backs: Support channels
“Call us on 0818 365 365, 9am to 6pm Monday to Friday. ... Help Centre home”
- en.wikipedia.org/wiki/Bank_of_Ireland checked September 26, 2026
Backs: Founded, Headquarters
“established by royal charter in 1783, and opened for business on June 25, 1783”
- personalbanking.bankofireland.com/bank/current-accounts/p... checked September 26, 2026
Backs: Monthly fee
“A monthly fee of €6 is charged on Personal current accounts”
- personalbanking.bankofireland.com/bank/international-paym... checked September 26, 2026
Backs: Currencies
“Currencies available on 365 online”
- personalbanking.bankofireland.com/bank/international-paym... checked September 26, 2026
Backs: Transfer fee
“There are no payment fees on Bank of Ireland international payments to the UK (e.g. Sterling to UK) ... There is a fee of EUR 5 for countries with an FX conversion”
- personalbanking.bankofireland.com/bank/international-paym... checked September 26, 2026
Backs: Delivery time, Payout methods
“we will ensure the payee's bank is paid within one banking day of D ... we will ensure the payee's bank is paid within three banking days of D”
- personalbanking.bankofireland.com/bank/international-paym... checked September 26, 2026
Backs: Fee to send 1,000
“There are no payment fees on Bank of Ireland international payments to the UK, EU Member States and EEA Countries (e.g. Sterling to UK, Zloty to Poland). Countries with an FX Conversion (e.g. US$ to...”
- personalbanking.bankofireland.com/save-and-invest/savings... checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Rate type, Term
“Lump sum lodgements are not allowed. ... Following the 12 month fixed rate period, the account will default to the Standard Regular Saving variable rate (currently 2% AER).”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Currency conversion fee.
Related by the facts
Bank of Ireland
An Irish current account paired with a fixed-rate saving habit run by standing order.