Wednesday 22 February 2017

Credit Cards

Published 11/04/2011 | 05:00

If you ever forget why bankers should be put in a cement mixer full of old nappies and bin juice, just have another look at your credit card bill.

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The IMF and EU look like paragons of generosity by comparison. AIB's Be Card charges not one or two or even three times the rate we're charged for the so-called bailout. It charges almost FOUR times the interest rate. If the country can't afford it, how can we? And we own AIB. On a €1,000 debt over a year:

Best: Bank of Ireland "Clear" credit card -- 13.3 per cent

Avoid: AIB "Be" credit card -- 22.7 per cent

Saving: up to €94

Contact: www.bankofireland.ie or local branches

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