Free Day-to-Day Banking with the Extra Current Account

Pay no fees on your day-to-day banking with a KBC Extra Current Account*. Just lodge €2,000 per month and no need to maintain a minimum balance!

That’s not all, there are so many good things in one account, including offers on savings, mortgage and more.

Lodging €2,000 a month sounds like a stretch? Our other Current Accounts also offer great value.
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What is the KBC Extra Current Account?

We believe that everyday banking should be a rewarding experience. With the KBC Extra Current Account, you'll get offers on daily banking, savings, mortgages and more.

Lodge €2,000 into your account each month and you can start enjoying the following benefits:

  • No quarterly fees for maintaining the account.
  • Free Euro Cash Withdrawals [ATM] & Cheque Lodgement fees.
  • Free Contactless Payments & Debit Card Transactions when using a Debit Card for purchases in Euro
  • Free Direct Debit & Standing Order processing.
  • Free cashback (at the retailers discretion and a purchase is required. A minimum amount may be necessary).
  • No overdraft setup fee (where applicable).
  • Use your KBC debit card with  Apple Pay™Google Pay™   Fitbit Pay™, Garmin Pay™ and wena pay™. Read more.
  • Discounted rates on loans and mortgages.

Please note: KBC Bank Ireland does not offer cash facilities at our hub locations and so are unable to cater for cash lodgements or withdrawals in our premises.

Lending criteria, terms and conditions apply. See full details of the Terms and Conditions (pdf, 424 KB) and Fees and Charges (pdf, 71 KB).
Paperless Baking with KBC
Good news! We’ve started to reduce the amount of paper we send you. This means no more current account statements in the post each quarter.

Check out our FAQs

How to apply for the KBC Extra Current Account

You can apply online today by filling in the form above: 

Apply Online     

Check out what documents you will need to open your account below.

What do I need to open a Current Account?

What documents do I need to open a KBC Current Account?

Opening a Current Account should be something you can do anytime anywhere and with KBC it is. You can open your account with is across many different channels and we have called out the requirements for each below:

Online via KBC.ie

2 proofs of identity (e.g. 2 photo IDs)
2 proofs of address (must be dated within the last 6 months)

Instant on boarding via the KBC mobile app

1 proof of identity and 1 selfie (in certain circumstances a second photo ID may be requested)
2 proofs of address (must be dated within the last 6 months)

Over the phone

2 proofs of identity (e.g. 2 photo IDs)
2 proofs of address (must be dated within the last 6 months)

In one of our Hubs

1 original proof of identity (e.g. 1 photo ID)
1 original proof of address (must be dated within 6 months)

Before sending your documents to us here are some handy guidelines to follow:

Proof of Identity: 

Proof of ID Guidelines

Proof of Address:

Proof of Address Guidelines

The following documents are accepted for proof of address:
  • Utility Bill (Electricity, Gas, Landline Phone etc.)
  • Current Account Bank Statement
  • Credit Card Statement

 

Please note: All Proof of Address documents must be less than 6 months old at the time of application.

Optional Benefits

As a KBC Extra Current Account holder you have access to the following benefits:

Savings benefits

Lodge €2,000 into your Extra Current Account each month and get an extra bonus on each of our 2 savings products with KBC Extra Current Account: 

Extra Regular Saver Account: 0.50% (AER) bonus on top of the standard regular saver rate (total rate of 0.54%/0.55% AER Variable) on your Extra Regular Saver Account.

  • Save €100 - €1,000 per month lodged from your Extra Current Account + 1 lump sum of up to €10,000 permitted within 30 days of opening the account.
  • Withdrawals on demand to your Extra Current Account.
  • Max balance €40,000 - Once the balance reaches €40,000 (including interest credited to the account), the full balance will earn interest at the then prevailing Standard Demand Deposit Account interest rate.
  • Funds must be lodged/withdrawn from/to your Extra Current Account.

Extra 12 Month Fixed Rate Account: 0.25% bonus on top of the standard 12 month fixed rate (AER)= 0.30% (0.30% AER Fixed) on your KBC Extra 12 Month Fixed Rate Account.

  • Lodge €3,000 - €100,000 in 1 lodgement at account opening
  • No withdrawals permitted, interest is paid at maturity
  • Funds must be lodged/withdrawn from/to your Extra Current Account

Read important information below. 


Mortgage Bonus

You can get 0.20% optional discount on a new business residential mortgage rate with your KBC Current Account to help you on your way. (important information below). 

Personal Loan Bonus

The KBC Extra Current Account gives you a 1% discount on the Annual Percentage Rate (APR) on your new KBC Personal Loan when you repay from your KBC Current Account. (important information below). 

Credit cards

  • With a KBC Credit Card you can get 0% interest on balance transfers for the first 6 months when you transfer your existing credit card balance to us.
  • In addition, there is a 1% cash reward on your grocery and online purchases, so you do the shopping and we’ll do the rewards!
important information below

Home Insurance Policy Discount

Lodge €2,000 into your Extra Current Account each month and:
  • Get a 25% discount in year 1 when you take out a new KBC Home Insurance Policy
  • ​Save 10% off the premium when you renew an existing KBC Home Insurance Policy.
Available on insurance policies for contents-only, for buy-to-let and owner occupied homes. Offer not available in conjunction with any other home insurance offer.

Find out more about our Home Insurance offers and make sure you mention your Extra Current Account when asking for a quotation. (important information below). 

Start2Invest

Extra Current Account customers that lodge €2,000 into their Extra Current Account each month can get a full refund on Start2Invest entrance fees for the first 12 months of their Start2Invest investment.
(important information below). 


Top FAQs for the KBC Extra Current Account

What do I need to open a Current Account?

Existing customers

We like to make things as simple as possible for our existing customers so if you are already a KBC customer you probably won’t need to provide any more ID. If we do need anything, we’ll let you know.

New customers

If you are new to KBC and you are interested in opening an Account we have put together a handy guide which you can find in the 'What do I need?' tab on this page. 

What will happen if I don't lodge a minimum of €2,000 in to my Extra Current Account each month?

If you fail to lodge €2,000 to your Extra Current Account in any given month you will be liable for all fees and charges applicable to a standard KBC Current Account as set out in our Fees and Charges Booklet for the whole of the quarter in which that month fell.
 
In addition, if you fail to lodge the monthly amount of €2,000 to your Extra Current Account on more than one occasion you could lose the benefits of any optional extras which you have availed of in conjunction with your Extra Current Account. 

If you recommence making the monthly lodgement, you will be eligible for the benefits from the beginning of the next quarter.

You may however not be entitled to the reinstatement of any optional extras (including without limitation any bonus interest rates applicable to an Extra Deposit Accounts) which you have availed of in conjunction with your Extra Current Account.

If I start lodging the €2,000 will the benefits be reinstated?

Should you re-commence lodging the €2,000, you will be eligible once more for the benefits of the Extra Current Account outlined above. You may however not be entitled to the reinstatement of any optional extras which you have availed of in conjunction with your Extra Current Account, namely bonus rates on your Extra Regular Saver and Extra 12 Month Fixed Term Account.  

If I have an Extra Current Account and I have not met the €2,000 lodgement criteria, when will fees and charges be applied to my account?

Account Transaction & Fees for maintaining the account are calculated on a quarterly basis and debited from your account in respect of the previous 3 month period. Quarterly charging periods are scheduled as follows (dates are inclusive);
  • Quarter 1: 1st January - 31st March
  • Quarter 2: 1st April - 30th June
  • Quarter 3: 1st July - 30th September
  • Quarter 4: 1st October - 31st December
Details of any transaction fees & charges to your account will be confirmed to you in a Fee Advice Letter approximately 10 business days before they are deducted from your account.

How much will I be charged?

See a full list of our Fees & Charges (pdf, 71 KB).

Important information


*Fees and charges may apply for ATM Cash Withdrawals and using a debit card for purchases in a foreign currency.

Only available to personal customers.

Savings Benefits

Extra Savings Accounts

The Extra Savings Accounts can be opened in sole or joint names. The name(s) on these accounts must match the names on the Extra Current Account. If you don’t make the monthly lodgement of €2,000 or if you close your account, you will lose any benefits associated with these accounts. These accounts will become the standard version of the accounts and the applicable interest rate will apply (This is the rate at the time of investment in the case of the Extra 12 month Fixed Term Account).

Extra 12 month Fixed Term Account

There is no maximum balance on the account, however, if the account balance exceeds €100,000 (including interest credited to the account), the interest rate will revert to the then prevailing Standard Demand Deposit Account rate on the entire balance.

When the Extra 12 month Fixed Term Account matures, the full balance will be reinvested in a similar product unless we receive alternative instruction from you. If you choose not to reinvest, the funds will only be paid into your Extra Current Account. AER is the Annual Equivalent Rate. Interest is subject to Deposit Interest Retention Tax (where applicable). For more information, please refer to the Personal Banking Terms and Conditions and Personal Deposit Rate Matrix.

Mortgage Bonus

To apply for the optional extra 0.20% discounted rate, please contact KBC. You must also mandate your salary (self-employed customers must establish and maintain a monthly transfer to the Current Account that is at least equal to the monthly mortgage repayment) and pay your KBC Mortgage by direct debit from your KBC Current Account. If you cease to meet one and/or both of the aforementioned conditions, the interest rate on your KBC Mortgage will increase by 0.20% i.e. the discount will no longer apply. 

In the instance you are availing of the Tracker Mover Option, the current account discount will only apply to the new business rate portion of your mortgage.

Offer excludes Buy to Let Mortgages, Tracker mortgages, mortgage accounts which have been in arrears within the past 12 months or on the following mortgage arrears resolution options: Moratorium, Less than interest only arrangement, Interest Rate Reduction, Split Mortgage.

All other terms and conditions applicable to the KBC Current Account and the KBC Residential Mortgages shall continue to apply to the respective products. KBC reserve the right to remove the availability of this offering for new and existing business customers at any time in the future. This will not affect existing customers who have already availed of the discounted current account mortgage rate.

Personal Loans Bonus

Discount offer is available with respect to new Personal Loan applications only and is subject to availability. The discounted rate is a discount on the standard personal loan rate which equates to a 1% discount on the Annual Percentage Rate (“APR”), which may vary. Lending criteria underwriting Terms and Conditions apply.
 

Home Insurance Policy

Available on insurance policies for contents-only, and buy-to-let and owner occupied homes. If you hold more than one home insurance policy with KBCI, you are entitled to the offer on all home insurance policies.
Offer not available in conjunction with any other home insurance offer. If you close your Extra Current Account, you won’t lose the offer for any remaining period of coverage but you won’t be eligible for the loyalty offer at the time of renewal of the policy. Offer subject to availability.

Underwriting Terms and Conditions apply. KBC Bank Ireland plc has an exclusive agency agreement with Zurich Insurance plc for the provision of Home Insurance. KBC Home Insurance products are underwritten, administered and provided by Zurich Insurance plc. Zurich Insurance plc is regulated by the Central Bank of Ireland.

Read the full Terms and Conditions of the Home Insurance Discount (pdf, 244KB)

Start2Invest

Holders of an Extra Current Account are entitled to a full refund on Start2Invest entrance fees for the first 12 months of their Start2Invest investment when you lodge €2,000 into your Extra current account each month. Customers will receive a refund of the entrance fee (currently 1% of the trade value) to the Extra Current Account that funds the Start2Invest investment within 30 days of the monthly trade date.
Available on one account per customer (customer can hold one in both sole and joint names). Other fees and charges will continue to apply as per the Investment Funds terms and conditions.

If you don’t lodge €2,000 into the account in any of the first 12 months of opening your Start2Invest investment, you will not be entitled to a refund the following month. Your refund eligibility will resume once you lodge €2,000 the following month.

Read or download Start2Invest's Terms and Conditions (pdf, 240 KB).

Credit Card Benefits

With a KBC Credit Card you can get 0% interest on balance transfers for the first 6 months when you transfer your existing credit card balance to us. To avail of the 0% interest balance transfer offer you must close your existing account and provide the account closure letter to us in within 90 days. The amount of the balance transfer may not exceed 80% of the approved credit limit. If we do not receive an account closure letter from your existing bank you will lose the reduced interest rate. We may also close the account without notice. At the end of this 6 month period, the interest rate will revert to the standard interest rate applicable at the time.

In addition, there is a 1% cash reward on your grocery and online purchases, so you do the shopping and we’ll do the rewards! 
The reward will be credited to your account in your next monthly statement. To be eligible for the grocery reward, the retailer must be categorised under a “grocery” merchant category code with MasterCard. The reward is applicable up to a maximum value of €10 per month or €120 a year.

Overdrafts

Overdraft: Lending criteria, underwriting, Terms & Conditions apply. The KBC overdraft is subject to repayment capacity, financial status and is not available to persons under 18 years of age.

Digital Services

Apple, the Apple logo, iPhone, iPad are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay, Apple Watch and Touch ID are trademarks of Apple Inc. Apple Pay on an iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPhone 7, iPhone 7 plus, iPhone SE, iPad Pro, iPad Air 2, iPad mini 4, iPad mini 3 running on iOS8.3, MacBook Pro with Touch ID. You can also use an Apple Watch if it is paired with an iPhone 5 or later.

Android, Google Pay and the Google Pay logo are trademarks of Google LLC. 
You can use Google Pay on any compatible device running Android 5+ (Lollipop) or higher and have the Google Pay app downloaded.

Fitbit, Fitbit Pay, Fitbit Ionic and the Fitbit logos are trademarks or registered trademarks of Fitbit Inc.  Fitbit Pay lets you make payments on the go directly from your wrist with your Fitbit Ionic watch and works with the Fitbit app on any compatible device running Android 4.4 (or higher) or on iPhone 5 (or later).

Garmin, the Garmin logo and the Garmin delta are trademarks of Garmin Ltd, or its subsidiaries and are registered in one or more countries.

wena and the wena logo  are trademarks of Sony Ltd, or its subsidiaries and are registered in one or more countries.