AIB remortgage - do you need AIB Curr Acc to get 1200 cash back?

I am going through the process of remortgaging with AIB at the moment.

My mortgage advisor is very pushy, which I don't like!!!!

She wanted me apply for life assurance through them. even though I have just organised it myself and it took 8 wks for it to come through!!! So she's not getting that one off me

She also told me the scarey story of the woman with breast cancer, in an effort to get me to discuss critical illness cover!!!

So you can understand my doubt when she told me that I need to open an AIB current account to fund my mortgage in order to get the 1200 pay back. Of course this was after I went through the mortgage application process!!

Can anyone confirm that this is the case?

Thanks

(sorry for the rant!!!)

report the broker to the ombusdman

It's not a broker, it's an AIB mortgage advisor

Sorry, I didn't read the entire post.

Maybe ask for a refund

Hi,

We had an AIB mortgage a few years ago (moved and switched lenders since). They insisted we opened a current account for the mortgage repayments. We didn't have any current account at the time (just cashsave accounts) and I had always banked with them so just opened an AIB current account. The impression I got was that they just needed any current account (obviously its in their interest to have you open an AIB one of course) for the simple reason that if there were not enough funds in the account to meet a repayment a current account would be allowed to go into the red so you wouldn't default on a repayment. However, if its in the T&Cs in relation to the cash back, you may have no choice! Maybe just open one, get the loot, close the account and set up a new DD from your own account for the mortgage repayments!