ebs are now ofering a mastercard debit card. see [broken link removed] for details. i don't work for them by the way.
Main benefit is that debit cards can be used abroad and online for purchases, whereas Laser is generally limited to purchases in Ireland or on Irish websites.
well Hallelujah and praise the lord the ebs nearly takes a step into the 20th centuary, shame they couldn't have linked up with the No. 1 card that is accepted everywhere, including Aldi & Lidl .....Visa.
Has their parents AIB gone down the Visa route?
Could this card be used to avoid the cc fee when booking on Ryanair?
Your first 5 withdrawals free from EBS fees each month*, by ATM or in branch (cash or cheques) if you –
1. lodge €1,500 to your account each month. This could be your salary, for example, or could be made up of several small lodgements, or
2. maintain a minimum balance of €500 in your account each month
how would you interpet the t&c rule on page 6 ,which is no.63 ,concerning not being liable for fees once you keep your account in credit over 500euros.the rule says ;if you ;63.1 maintain 500euro for the month or 63.2 make lodgements of not less than 1500euro during a month,then the first 5 transactions are free. the way i read it is,if you keep over 500euro in the account all your cash/cheque/atm transactions are free, or if this is not the case and you lodge 1500 euros a month to your account,then you get5 free transactions. would anyone agree/disagree, with this.
the important word is or and there are 2 subsections in rule 63 thats 63.1 and 63.2 . the rule is 63.1 or 63,2. it may be easier for you with a hardcopy,because even the ebs web page is misleading.i have just mailed them and will be on to the ombudsman if unsatisfied with the answer.
It also seams they are very cheap for foreign usage as cash withdraws are 1% of the amount of the withdrawal (minimum €1.91, maximum €6.00) and purchases 1% of the amount of the transaction (minimum €0.30, maximum €6.00).
This seems very good value when compared to Cirrus & Maestro. One imagines that the Mastercard exchange rate is similar to the Cirrus one, but does anyone know for sure?