Students score with new banking package from Bank of Ireland

Third level Students, who bank with Bank of Ireland will be offered free day-to-day transaction banking, interest free loans and a range of incentives as part of the new straight talking student offer for 2004 launched today, Monday 2nd August.

Bank of Ireland will pay 50% of the cost of the essential Student Travelcard for first-year third level students who open new accounts. They will also be rewarded for their loyalty with a free flight voucher to one of six European destinations, once they complete a minimum of 30 transactions on their account between October 2004 and January 2005. In addition, all new account-holders will receive a discount card for Golden Discs and Elvery Sports or Mahers of Cork.

The Bank of Ireland third level student package for 2004 includes:

Students can also apply for:

According to Patrick Farrell, Marketing Manager, Personal Banking, Bank of Ireland: 'Our banking package is designed to ease student cash flow and to do something that actually helps students every week of the year, not just the first week back at college. At the last estimate, the cost of living for students stood at €699 per month or €6,291 for the academic year. Even if a student receives the basic grant they must still provide 47% of this funding themselves.

With our package, cash flow problems can be eased without necessarily getting into debt. For example, if students are eligible for the grant we'll give them the money now, interest free for nine months. The same applies to any tax rebates that are due from working abroad. Just let us know and we can offer you an advance until the money arrives. These are the initiatives that make a difference to students and is our investment in securing future business,' concluded Farrell.

Monday 2nd August 2004
-ends-

For reference:
Patrick Farrell
Marketing Manager
Personal Banking
Bank of Ireland
Ph: (01) 6043936
Mobile: 086 837196

Anne Mathews
Media Relations Manager
Group Corporate Communications
Bank of Ireland
Ph: (01) 6043836
Mobile: 0872460358