Bank Of Ireland Introduces 2 For 1 Card

The Bank of Ireland has recently is a very cleverthen request quotes before submitting the application
product on the market, credit cards and personaland waiting for the money to go to waste in your
loans linked so that the account holder some veryaccount. You can transfer using the credit card
flexible options for large purchases, without attentionbalance on the part of the personal loan product, the
to the great interest rates that are normallyrelease of the element of your credit card account in
associated with credit card to do.an efficient and cost effective manner.
Every customer that makes a great purchase onOf course, there is a catch. To facilitate the use of
their card, and not in a position to repay them withinpersonal credit characteristics of the product, the
the statement date is the possibility of transferringminimum amountbe € 500, and only two
the balance on the personal loanPart of the product.purchases can be effected through the payment plan
It currently offers a discounted interest rates 6.9%at any time. Can be transferred in relation to the
for 12 months, one year of the cardholder to pay offtransfer amount of up to 80% of the credit for the
their loans before the interest was again on theaccount. Apart from that, it would prove the use of
higher credit card rate of 14.9%.repayment facility still cheaper than most of the
Even better, and as an incentive for new customers,personal loans on the market. The average personal
the card offers an introductory 0% rate onloans in Ireland is between 9.7 percent and 12.2
purchases for the first six months. But the truepercent and the average overdraft is over 15
beauty of this product is pure convenience. If youpercent, which means that anyone usingRepayment
know a major purchase that you know that youelement of the 2 in 1 account would pay a substantial
could pay that to within aYear there is no need forsavings in interest.
taking the time to compare loans and pay the price,