Cost Comparisons
Print this pageStudent travel loan
Profile Summaries
| Maximum loan amount | APR % | Repayment period | |
| AIB | Not available1 | Not available1 | Not available |
| Bank of Ireland | €2,000 | 0%2, 3 | Single repayment at the end of the term (9 months). If after 9 months the loan isn't fully repaid the standard student variable interest rate will apply on any outstanding balance. This rate is currently 11.90% APR. |
| Ulster Bank | €2,000 | 7.00% | 1 year |
1. AIB does not have a specific student travel loan. However, students can avail of AIB's regular student loan which currently has an APR of 9.79% - see our Student Loan cost comparison for more information.
2. The travel loan must be fully repaid within 9 months to avoid interest charges. After 9 months the standard student variable interest rate will apply on any outstanding balance. This rate is currently 11.90% APR.
3. Where a repayment is not made on the due date, an interest surcharge of 0.75% per month (which equals 9% per year) subject to a minimum charge of €2.54 per month will apply to the amount in arrears. Please note interest surcharges apply in addition to the interest rate and are calculated on the uncleared statement balance.
2. The travel loan must be fully repaid within 9 months to avoid interest charges. After 9 months the standard student variable interest rate will apply on any outstanding balance. This rate is currently 11.90% APR.
3. Where a repayment is not made on the due date, an interest surcharge of 0.75% per month (which equals 9% per year) subject to a minimum charge of €2.54 per month will apply to the amount in arrears. Please note interest surcharges apply in addition to the interest rate and are calculated on the uncleared statement balance.
Please note:
Use our jargon buster, if you need an explanation of financial terms in plain English.