GeneralZod
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Under current legislation the following Government charges will apply
1. Where you only use your new AIB Debit Card to withdraw cash at ATMs or in an AIB Branch, you will now be charged Government Stamp duty of €5 per annum.
2. Where you only use your new AIB Debit Card to pay for goods and services or get cashback at POS terminals, you will now be charged Government Stamp Duty at €5 per annum.
3. Where you use your new AIB debit Card for both cash withdrawals (ATM) and when paying for goods and services or get cashback (POS) you will now be charged Government Stamp Duty of €10 per annum.
It is avoidable - if you don't use the card for example. See here but bear in mind that the Budget 2008 rates of SD are €5 for ATM cards, €5 for debit cards, €10 for combined ATM/debit cards and €30 for credit cards.I was looking for an answer to this question myself as my husband recieved the letter from the bank on Friday. Am I correct in thinking that the €10 charge is a goverment levy so therefore unavoidable ?
That's interesting - thanks for posting the details. I'm in the same situation with additional cards that I may not use at all or may only use for individual features.I went back and read the letter more closely. It appears it is possible to avoid the extra €5 for the Laser card by simply not using it for that purpose.
Did you read the link that I posted? As far as I know yes and it's only with ATM/debit cards that you can avoid the charge by not using them.If you have a credit card and don't use it - are you liable for the government levy?
Last week I got a letter from AIB to say they'd shortly be sending me a replacement for my ATM card. I've had the exact same ATM card for twenty years 1988 and it still works.
The new card is a combined debit/laser and ATM card. Will I be charged €10 or €5 for the new card if I avoid using it as a debit card. If I avoid using it altogether can I escape the card levy. The cashsave account is only used as a feeder.
Did they send you a new PIN as well?
Huh. I also recently received a replacement AIB laser card for my old ATM but I havent used it yet. However there a €10 ATM charge taken off me a week or 2 ago. I have seen the above blurb on the AIB website but when you download the pdf 'Fees and Charges' on Current accounts it says it is €10 ATM government charge. So which is right?! Perhaps the new government legislation isnt in effect yet?I went back and read the letter more closely. It appears it is possible to avoid the extra €5 for the Laser card by simply not using it for that purpose.
It is avoidable - if you don't use the card for example. See here but bear in mind that the Budget 2008 rates of SD are €5 for ATM cards, €5 for debit cards, €10 for combined ATM/debit cards and €30 for credit cards.
so it works in (AIB) ATMsHi. I have an AIB card, it has Banklink ..
so it can be used as a debit cardMaestro and Laser
No - it is not only a debit cardon it. Could somebody reassure me it's only a debit card?
the card won't get you overdrawn - you will get you overdrawn.I don't know anything about these cards and I'm kind of worried about going into overdraft.
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