AIB "Does the AIB announcement on prevailing rates apply to me?"

Brendan Burgess said:

You will not be included in this group if

1. You are a customer of EBS or any other bank
2. You did not have Clause 3.2 in your contract
3. You did have Clause 3.2 in your contract but AIB offered you a tracker rate which you did not accept.

If you did not receive a letter from AIB in 2018 or 2019 with a cheque for €1,615, it is very unlikely that you are going to be covered by this.

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kopkidda said:

Is this at the end of the fixed rate or at drawdown of the mortgage?

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Brendan Burgess said:

I have clarified this in the post

You did have Clause 3.2 in your contract but AIB offered you a tracker rate when your fixed rate ended. This was either because your fixed rate ended before October 2008 or after 2013 when they reintroduced the prevailing rate.

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Brendan Burgess said:

Yes, you would.

I have updated the thread to include this as a reason not to exclude people.

Brendan

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Brendan Burgess said:

Yes, you would.

I have updated the thread to include this as a reason not to exclude people.

Brendan

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