Updated September 28, 2026 · SumCue Editorial Team
Avant Money vs Bank of Ireland
Avant Money
Higher score in this comparison
Bank of Ireland
What sets them apart
| Compare | Avant MoneyReviewSee alternativesSee alternatives | Bank of IrelandReviewSee alternativesSee alternatives |
|---|---|---|
| APR | 6.1% to 19.9%Lower | 22.1% |
| Loan amount | €5,000 to €75,000 | €2,000 to €75,000 |
| Term | 12 to 120 monthsHigher | 12 months |
| Arrangement fee | 0 (no set up fee) | 0 EUR - no arrangement fee |
| Representative example | Personal Loan: EUR 30,000 over 5 years at fixed 5.9% (6.1% APR), EUR 578.59 a month, total cost of credit EUR 4,715.41, total amount repayable EUR 34,715.41 | Personal loan of EUR20,000 over 5 years at 6.9% variable, 7.1% APR, monthly repayment EUR394.71, cost of credit EUR3,682.60 |
| Eligibility | Residents of the Republic of Ireland over the age of 18, subject to repayment capacity and financial status | 18 years of age or over, resident in the Republic of Ireland, and an existing Bank of Ireland current account customer registered for 365 online to apply online |
| Loan types | Personal, Car, Debt consolidation | Personal, Car, Student |
| Funding time | Not confirmed | 24-48 hours after signed credit agreement |
| Credit needed | Excellent | Not confirmed |
| Use cases | Home improvement | Not confirmed |
Same on both: Credit check (Hard), Rate type (Fixed), Lender type (Direct lender), Free early repayment (Yes), Origination fee (%) (0%).
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Key differences
- Avant Money scores higher overall: 9.4 vs 9.2.
- Avant Money is available in 1 more country.
- APR is lower at Avant Money: 6.1% to 19.9% vs 22.1%.
- Term is higher at Avant Money: 12 to 120 months vs 12 months.
- Support channels: only Avant Money offers Email.
- Pricing model: only Avant Money offers Fixed rate.
- Pricing model: only Bank of Ireland offers No annual fee.
- Loan types: only Avant Money offers Debt consolidation.
- Loan types: only Bank of Ireland offers Student.
Our verdict on each
Avant Money
Avant Money suits Irish borrowers with an excellent credit record who want a fixed rate personal loan at 6.1% to 19.9% with no set up fee. The group also lends for cars, home works and debt consolidation, and takes fixed term deposits, so the offer runs past a single product.
Bank of Ireland
Bank of Ireland suits residents of the Republic of Ireland who want savings, loans and a rewards card from a single long standing bank, with deposits covered by EU DGS up to EUR 100,000. The catch is holding the Classic credit card, at €30 a year and 22.1% APR.
Score breakdown
| Area | Avant Money | Bank of Ireland |
|---|---|---|
| Cost | 9.3HigherCosts rest on interest rather than fees: APR of 6.1% to 19.9% on the personal loan, a mortgage product fee of €185. | 8.5Personal loans carry 0 EUR - no arrangement fee as the arrangement fee, while the card costs €30 a year. |
| Offer | 9.5Higher | 8.7The card lists rewards among its features, plus a 7 balance transfer offer, while SuperSaver pays 3%. |
| Trust | 9.4 | 10.0Higher |
From lowest to highest
| Fact | Avant Money | Bank of Ireland |
|---|---|---|
| Loan amount | €5,000 to €75,000 | €2,000 to €75,000 |
What it costs in practice
Borrow a typical amount over a typical term (estimate at the stated APR)
Avant Money
333.49 to 1,110.4
333.49 to 1,110.4
Bank of Ireland
1,237.1
1,237.1
Avant Money comes out 903.61 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
If neither fits
Sofkredit has term at 6 to 240 months, against 12 to 120 months for Avant Money and 12 months for Bank of Ireland.
Sofkredit reviewWhere these facts come from
Avant Money
- avantmoney.ie: 17 facts, checked September 26, 2026
- euclid.eba.europa.eu: 2 facts, checked September 26, 2026
Bank of Ireland
- personalbanking.bankofireland.com: 16 facts, checked September 26, 2026
- bankofireland.com: 1 fact, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
- find-and-update.company-information.service.gov.uk: 1 fact, checked September 26, 2026
How they place
| Ranking | Avant Money | Bank of Ireland |
|---|---|---|
| Savings | 127 of 1492 | 251 of 1492 |
| Fixed-rate bonds and term deposits | 18 of 199 | 43 of 199 |
| Loans | 227 of 2043 | 390 of 2043 |
| Personal loans | 203 of 1317 | 347 of 1317 |
| Mortgages | 80 of 853 | 168 of 853 |
| Credit and debit cards | 156 of 1594 | 288 of 1594 |
| Balance transfer cards | 4 of 32 | 9 of 32 |
Every fact side by side
| Fact | Avant Money | Bank of Ireland |
|---|---|---|
| Pricing model | Fixed rate | No annual fee |
| Features | Rewards | Rewards |
| Legal entity | AVANTCARD DAC | The Governor and Company of the Bank of Ireland |
| Headquarters | Ireland | Ireland |
| Founded | Not confirmed | 1783 |
| Support channels | Phone, Email, Help centreCovers more | Phone, Help centre |
Credit cards
| Fact | Avant Money | Bank of Ireland |
|---|---|---|
| Annual fee | €0Lower | €30 |
| Currency conversion fee | Not confirmed | 2.25% |
| Rewards type | Cashback | Not confirmed |
| Rewards rate | 5% groceries and fuel first 12 months | Not confirmed |
| Balance transfer intro period | 6 months | 7 monthsHigher |
| Cashback rate | 5% | Not confirmed |
| Card kind | Credit | Credit |
Savings
| Fact | Avant Money | Bank of Ireland |
|---|---|---|
| Headline rate | 2.72% | 3%Higher |
| Minimum deposit | €2,000 | €5Lower |
| Deposit protection | EU DGS up to EUR 100,000 | EU DGS up to EUR 100,000 |
| Access terms | One withdrawal of up to 25% of the balance after the first 8 weeks; no full withdrawal until maturity | Save monthly by Direct Debit only, minimum €5, maximum €2,500; lump sum lodgements are not allowed; after 12 months the account defaults to the Standard Regular Saving variable rate (currently 2% AER) |
| Monthly fee | €0 | Not confirmed |
| Account kind | Fixed | Fixed |
Mortgages
| Fact | Avant Money | Bank of Ireland |
|---|---|---|
| Initial rate | 3.2% | 3.1%Lower |
| APRC | 3.62%Lower | 3.8% |
| Fixed period | 4 years | 4 years |
| Maximum loan to value | 90% | 90% |
| Product fee | €185 | €150 to €250Lower |
| Purpose | Purchase, Remortgage, First time buyer | Purchase, Remortgage, First time buyer, Buy to let, Equity releaseCovers more |
Where each stands against the rest
| Fact | Avant Money | Bank of Ireland | Median |
|---|---|---|---|
| APR | 6.1% to 19.9%below the median | 22.1%highest quarter | 9.99 |
| Loan amount | €5,000 to €75,000above the median | €2,000 to €75,000above the median | €40,000 |
| Term | 12 to 120 monthshighest quarter | 12 monthslowest quarter | 60 |
| Origination fee (%) | 0%at the median | 0%at the median | 0% |
Median across 1096 listed providers.
Pros and cons
Avant Money
Pros
- No set up fee on the home improvement loan, at 0 (no set up fee)
- Personal loan APR of 6.1% to 19.9% on a fixed rate, against a group median of 14.43%
- Free early repayment on personal loans, so settling ahead of schedule costs nothing
Cons
- Credit checking is hard and the credit bar is excellent, a standard only 2.8% of lenders in the group ask for
- The top of the personal loan rate range is 6.1% to 19.9%, so what you pay depends on your own credit profile
- The deposit is fixed with a €2,000 minimum, and access before maturity is limited to a single partial withdrawal
Bank of Ireland
Pros
- Deposits sit under the EU deposit guarantee scheme, EU DGS up to EUR 100,000
- Personal loans fund 24-48 hours after signed credit agreement, with free early repayment
- The SuperSaver account pays 3% at a fixed rate with a minimum deposit of €5
Cons
- The Classic credit card charges €30 a year on 22.1% APR
- Currency conversion on the card costs 2.25%
- The SuperSaver account takes savings by Direct Debit only, and after 12 it reverts to the standard regular saving variable rate
Who each suits
Avant Money
Who it suits
- Adults living in Ireland who can show repayment capacity and financial status
- Borrowers consolidating existing debt, since personal, car and debt consolidation includes consolidation
- Home owners planning works, given the home improvement loan
Who should look elsewhere
- Cashspace, for borrowers outside Ireland, since it quotes PHP 12 to PHP 36 and Avant Money lends only to Irish residents
- Creduma ES, for a larger euro loan, since Creduma ES starts at from €12,000 against €5,000 to €75,000 here
- Sofkredit, for a Spanish lender, since Sofkredit quotes 10.74% to 18.06% under a Banco de España licence
Bank of Ireland
Who it suits
- Residents of the Republic of Ireland who already hold a Bank of Ireland current account, since online applications need an existing account
- People who save a set amount each month by Direct Debit rather than in one go
- Borrowers who want a direct lender offering personal, car and student loans
Who should look elsewhere
- Card holders who want no annual fee, where bunq charges €0 a year
- People who need a secured card to start a credit file, where Varo Believe Secured Credit Card charges $0
- Card holders who want to avoid 2.25% on conversion, where Wise charges £0 a year
Current offers
Avant Money
Current offer
Bonus
1% cashback incentive on new or top-up One Mortgages (mortgage product): 1% cashback, e.g. borrow EUR 400,000 and receive EUR 4,000
Eligible new or top-up One Mortgages drawn down between 1 January 2026 and 31 December 2026; cashback paid within two months of drawdown; lending criteria, terms and conditions apply
Source, checked September 26, 2026
Country by country
| Country | Avant Money | Bank of Ireland |
|---|---|---|
| Spain | Yes | No |
| Ireland | Yes | Yes |
Questions about each
Avant Money
How much can I borrow from Avant Money and over what term?+
The personal loan runs from €5,000 to €75,000 over terms of 12 to 120. Avant Money lends direct rather than through a broker, and the rate is fixed, so the quoted figure holds for the life of the loan rather than moving with the market. Longer terms cut the monthly payment and raise the total repaid.
What APR do I pay on a personal loan?+
The personal loan is priced at 6.1% to 19.9% on a fixed rate. The personal loan median across the group is 14.43%, so the range opens below the middle of the market, and the point inside the range you are offered depends on your credit profile.
Bank of Ireland
What rate does the SuperSaver account pay?+
SuperSaver pays 3% at a fixed rate, held for 12 from the day you open it. The minimum deposit is €5, and the rate is fixed for the whole term. Once that term ends the balance moves to the standard regular saving variable rate.
How do I pay into the SuperSaver account?+
Savings go in by Direct Debit only, starting from €5. The account is set up for a habit of regular monthly saving, and it defaults to the standard regular saving rate once 12 has passed.
Other options to compare
Avant Money
Bank of Ireland