Permanent TSB - Laser Card
- Thread starter pussycat
- Start date
As far as I know only PTSB can tell you what conditions they put on issuing such cards. I would have thought that simply being a current account holder was sufficient.
The main advantage of a Laser debit card is that you don't have to carry cash and can make payments and usually get cash back in most shops. Potential disadvantages are that you can more easily spend your money (but not get into debt unless you have an overdraft) and if card security is compromised then somebody could clear out your account (as long as it's not your fault and you report it immediately you should be compensated but it can take time).
The main advantage of a Laser debit card is that you don't have to carry cash and can make payments and usually get cash back in most shops. Potential disadvantages are that you can more easily spend your money (but not get into debt unless you have an overdraft) and if card security is compromised then somebody could clear out your account (as long as it's not your fault and you report it immediately you should be compensated but it can take time).
They probably have a minimum time for being an account hiolder as well. BOI I think want toyu there 12 months before they'll issue a laser card (from my experience).
I also got one straight away when I opened a current account with them last year. Had no previous dealings with them at all prior to that. My one doesn't have any chip on it though, so I still have to sign for stuff. Check with them if yours will have chip, if this suits you better.
moneyhoney
Registered User
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- 516
You often have to have your salary credited to your c/a before you can get a laser card.
Not so with ptsb, in my experience. Myself and husband opened the account as a joint current account while keeping our own separate accounts as well, with the plan of paying sums in each month whenever it suited us, not by a regular direct debit. We got a laser/atm/cirrus card and cheque-book straightaway, no questions asked.
That's about right pussycat. You can always use a credit card or take out an overdraft if you want/need more than what's in your account. A small overdraft facility is handy to prevent you inadvertently running out of money while using a laser card, especially if you also have a number of direct debits going otu of your account every pay-period. Either that or keep a close eye on your balance online and note what the card has been used for.
M
Misty23
Guest
I switched from AIB to PTSB last summer & got a Laser card immediately. No hassle! The visa card is also really low 9.9% apr i think so it is worth having rather than the higher rip off AIB & BoI
Myself and the missus both have PTSB Laser cards and these are not chip & PIN yet either. I read somewhere that March 2007 was the deadline for completion of the switch. Some retailers are expressing surprise to me when I present my non-chip & PIN card.
Is the March 2007 deadline not for having chip & PIN on credit cards but not necessarily debit cards? Searching for "chip" on the PTSB website gave me the following... 
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You search for [B]chip[/B] returned the following results:
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Registered User
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- 516
Is the March 2007 deadline not for having chip & [I said:
The dealine is not for the rollout, but for use of PIN. After 17 March you can't sign if you have a Chip and PIN card. Some people are still signing even though they have a Chip and PIN card becuase they forgot it or don't want to use it or whatever. After 17 March they have no choice but to use the PIN.