AIB withdrawing free travel insurance

AIB is withdrawing free personal travel insurance that is provided free of charge on its credit cards from Jun 24 this year, according to a statement sent to the bank’s customers yesterday.

Currently AIB credit card customers are covered for up €64,000 should you be injured while using licensed transport, provided at least 50% of the fares have been charged to an AIB credit card.

An AIB spokesperson said: “With effect from Jun 24, 2013, free personal accident travel insurance will be withdrawn from new and existing customers on all AIB Personal Credit Cards and Classic Visa Business Card.”