Bank of Ireland increase payment limit on contactless cards to €50

Bank of Ireland increase payment limit on contactless cards to €50
The Bank has also waived contactless fees during the Covid-19 crisis. File picture.

Bank of Ireland has automatically increased the limit on contactless cards to €50.

The Bank has also waived contactless fees during the Covid-19 crisis.

Last month banks in Ireland agreed to increase the limit from €30.

Yesterday, AIB was heavily criticised for charging fees on the accounts of people who have lost their jobs during the coronavirus crisis.

Sinn Féin’s Pearse Doherty called for the majority State-owned bank to cancel fees charged and refund the customers who have been laid off.

The party's finance spokesman said that many saw fees of up to €100 charged from their account.

Mr Doherty described it as a “disgrace” and has written to Finance Minister Pascal Donohoe and the Central Bank.

He said: “This payment will be needed for workers to pay their bills and feed their families.

“It is disgraceful to learn that AIB, instead of providing relief to these customers, have on the same day decided to charge quarterly fees to many of these customers who have just lost their jobs," he said.

More on this topic

Banker chief: Politicians must not interfere in loan decisionsBanker chief: Politicians must not interfere in loan decisions

Hertz creditors face tough choices in coming weeksHertz creditors face tough choices in coming weeks

Donohoe to ‘follow up’ on banks over mortgage loan issuesDonohoe to ‘follow up’ on banks over mortgage loan issues

AIB said it will refund customers 'unpaid charge' fees AIB said it will refund customers "unpaid charge" fees


More in this Section

Daily Mail owner reveals 17% slump in circulation due to Covid-19 shutdownDaily Mail owner reveals 17% slump in circulation due to Covid-19 shutdown

Difficult times ahead for Dublin economy despite greater resilienceDifficult times ahead for Dublin economy despite greater resilience

Agriculture group says beef trade with China must resume at earliest opportunityAgriculture group says beef trade with China must resume at earliest opportunity

Four out of five Ryanair passengers still waiting for refunds – surveyFour out of five Ryanair passengers still waiting for refunds – survey


Lifestyle

A whiff of new normality is in the air, writes Des O'SullivanAntiques: How to put a post-lockdown world in the frame

Another week, another fiendishly fun test of your arts and showbiz knowledge from Irish Examiner Arts Editor Des O'DriscollScene & Heard: Fun culture quiz

The story of how the Cork-based executive head chef faced her “demons” and turned around her life just before her 30th birthday.This is me: Trisha Lewis transforms her body and mindset

A star-studded finale from the Late Late Show and a classic Brazil v France encounter feature among today's top tips.Friday's TV Highlights: A star-studded finale from the Late Late Show and a classic Brazil v France encounter

More From The Irish Examiner