AIB review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Irish retail banks suit borrowers who want a single established bank for home and personal borrowing rather than the widest choice. A home loan initial rate of 3%, an APRC of 3.6% and a personal loan APR of 8.95% keep the cost picture competitive, with a fixed period of 3.

Key facts

Best for
Borrowers who want a purchase, remortgage or home equity loan and a personal loan from the same direct lender.
Initial rate
3% (Source, checked September 26, 2026)
APRC
3.6% (Source, checked September 26, 2026)
Fixed period
3 years (Source, checked September 26, 2026)
Maximum loan to value
90% (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage, First-time-buyer, Buy-to-let, Home-equity (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Allied Irish Banks, p.l.c. (Source, checked September 26, 2026)
Headquarters
Ireland (Source, checked September 26, 2026)
Founded
1966 (Source, checked September 26, 2026)
Support channels
Phone, Chat, Help-centre (Source, checked September 26, 2026)
Official website
aib.ie

Loans

APR
8.95% (Source, checked September 26, 2026)
Loan amount
€1,000 to €75,000 (Source, checked September 26, 2026)
Term
12 to 60 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Decision within 3 hours; money paid into your Current Account (Source, checked September 26, 2026)
Representative example
AIB standard personal loan: €1,500 over 1 year at 8.65% variable interest rate and 8.95% APR, 12 monthly instalments of €130.48, total cost of credit €65.76, total repayable €1,565.76 (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Over 18s only, subject to approval; Irish residents need a PPSN, residents outside Ireland a PPSN or non-Irish TRN (Source, checked September 26, 2026)
Loan types
Personal, Car, Student, Credit-line (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Allied Irish Banks, p.l.c. (Source, checked September 26, 2026)
Headquarters
Ireland (Source, checked September 26, 2026)
Founded
1966 (Source, checked September 26, 2026)
Support channels
Phone, Chat, Help-centre (Source, checked September 26, 2026)
Features
Credit line

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaXLinkedInyoutube.com

Pros and cons

Pros

  • Home loan cost sits inside the site range: initial rate 3% against a site median of 4.35%, and APRC 3.6% against 4.9%.
  • A single lender covers personal, car and student, and mortgage purposes run to purchase, remortgage and first time buyer.
  • Early repayment on the personal loan is free, so borrowing can be cleared ahead of schedule.
  • Support runs on phone, chat and help centre.

Cons

  • The fixed period of 3 is short beside a site median of 6.5.
  • The credit check is hard, and with the Central Bank of Ireland as regulator an application is recorded.
  • Home equity lending is offered, but home loans are capped at a 90% loan to value.
AIB

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Scored 9.4 / 10 by BorrowCue.

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Who it suits

  • Buyers and movers in Ireland who want a mainstream bank for the home loan and a personal loan alongside it.
  • Borrowers planning home improvement work, which the personal loan is aimed at.
  • People who prefer a long established direct lender over a broker or marketplace.

Who should look elsewhere

  • Borrowers chasing the longest rate fix, since the fixed period of 3 falls well below the site median of 6.5.
  • Applicants with thin files, because the credit check is hard.
  • Those wanting a credit line option wider than the single credit line listed, though Sofkredit and Creditilia ES quote lower headline rates.

How AIB compares

Where AIB is available

Available
Ireland
Licence in Ireland
Central Bank of Ireland, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does a home loan from these banks cost?+

The initial rate is 3% and the APRC is 3.6%, which sits below the site median of 4.9% for that measure. Loans are arranged at a maximum loan to value of 90%, and the rate is held for 3.

What does a personal loan cost?+

The APR is 8.95% on a variable rate, with borrowing running from €1,000 to €75,000 over terms of 12 to 60. The published example shows monthly instalments and a total cost of credit, and early repayment is free.

Who regulates these banks?+

The Central Bank of Ireland is the regulator, and the legal entity behind the lending is Allied Irish Banks, p.l.c.. A loan here runs through a direct lender rather than a broker, so the bank is the point of contact from application to repayment.

How long does a personal loan decision take?+

The stated funding time is a decision within a few hours, with any money paid into your Current Account. A hard credit check is part of the process, so expect the assessment to be recorded against your file.

What can I use a personal loan for?+

The listed use case is home improvement, and the loan types available cover personal, car and student. Borrowing is aimed at adults over a minimum age, subject to approval, with a PPSN needed for Irish residents and a PPSN or non-Irish TRN for residents elsewhere.

What kinds of home loan are available?+

Purposes cover purchase, remortgage and first time buyer, so purchase, remortgage, first time buyer, buy to let and home equity are all in scope. A credit line is also offered as credit line alongside the loans.

How do I get help with my account?+

Support runs on phone, chat and help centre, so you can reach the bank by phone, chat or the help centre. The bank was founded in 1966 and is headquartered in Ireland, which matters if you want an established Irish institution.

Sources

  • aib.ie checked September 26, 2026

    Backs: Lender type

    “AIB and AIB Group are registered business names of Allied Irish Banks, p.l.c. ... Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland.”

  • aib.ie checked September 26, 2026

    Backs: Legal entity

    “AIB and AIB Group are registered business names of Allied Irish Banks, p.l.c. Registered Office: 10 Molesworth Street, Dublin 2.”

  • aib.ie/central-credit-register checked September 26, 2026

    Backs: Credit check

    “The Central Credit Register (CCR) collects information from lenders on credit applications and credit agreements of €500 or more.”

  • aib.ie/contact-details checked September 26, 2026

    Backs: Support channels

    “AIB Phone & Internet Banking 0818 724 724 ... Social Media Customer Support For general banking queries: Chat to us via WebChat”

  • aib.ie/our-products/loans checked September 26, 2026

    Backs: Features, Loan types

    “A Personal Overdraft gives you an extra balance on your current account that you can use temporarily.”

  • aib.ie/our-products/loans/personal-loan checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Free early repayment, Funding time, Rate type, Representative example, Term, Use cases

    “To borrow between €1,000 and €30,000, online applications take a few minutes ... To borrow between €50,000 and €75,000, call us on 0818 724 725”

  • aib.ie/our-products/mortgages checked September 26, 2026

    Backs: Purpose

    “First time buyer / Switching your mortgage / Moving homes / Building a home / Top-up your mortgage / Buy-to-let mortgage”

  • aib.ie/our-products/mortgages/Home-Mortgages-Regulatory-I... checked September 26, 2026

    Backs: Maximum loan to value, Licences

    “You can borrow up to a maximum of 90% of the purchase price of the property.”

  • aib.ie/our-products/mortgages/mortgage-interest-rates checked September 26, 2026

    Backs: APRC, Fixed period, Initial rate

    “GreenA 3 Year LTV Fixed <=50% - Interest Rate 3.00%, APRC 3.60% (Over 20 Years term)”

  • en.wikipedia.org/wiki/Allied_Irish_Banks checked September 26, 2026

    Backs: Founded, Headquarters

    “Founded 21 September 1966”

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

AIB

AIB

Borrowers who want a purchase, remortgage or home equity loan and a personal loan from the same direct lender.

9.4/10See alternatives

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