Aib bank increases its charges

AIB customers will soon be charged for contactless payments.

Bank customers will also have to pay a quarterly maintenance fee for their current accounts. From May 30th it will now cost AIB customers 1 cent per tap. It's following Bank of Ireland and Ulster Bank for the convenience of cashless payments. AIB is also getting rid of its free maintenance for consumers who keep a balance of 2500 in their accounts - charging 4.50 per quarter. The move could cost people an extra 80 euro a year.