Penny's take
Decent reward for Northern Ireland switchers willing to save. The headline £200 bonus is actually split: £100 for switching with a £1,500 deposit and two Direct Debits, plus a further £100 only if you open a Regular Saver and fund it within tight 30-day windows. With no monthly fee, the net value is solid, but the two-stage structure demands more effort than a typical switch offer.
The biggest catch is geography — this is Northern Ireland residents only — and previous AIB (NI) switch recipients are excluded. If you qualify and can commit to the savings account step, the full £200 is worthwhile; if the Regular Saver feels like a stretch, you're looking at just half the reward.
Account benefits
No monthly fee
No monthly fee while your account stays in credit.
Linked saver
Only open to AIB (NI) current account customers.
How to qualify for the £200
Deposit requirement
Direct Debits
Monthly fee
Online Banking
- 1
Be 18 or over, live in Northern Ireland, and open a new AIB (NI) Classic Current Account as a new AIB (NI) current account customer.
- 2
Complete a full switch from another bank using the Current Account Switch Service (CASS).
- 3
Within 30 days of opening, pay in at least £1,500 and have at least 2 active Direct Debits on the account.
- 4
Activate AIB (NI) Online Banking.
- 5
For the extra £100: open an AIB (NI) Regular Saver within 30 days of the switch and pay in at least £100 within 30 days of opening it.
Things to check
- Northern Ireland residents only.
- Not eligible if you have had a switch payment or Regular Saver cashback from AIB (NI) before, as a sole or joint account holder.
- Joint accounts get one payment only.
- A full switch closes your old account.
- Offer can be changed or withdrawn at any time; no end date published.