PTSB ICE Visa Credit Card: See everything you need to know

04/01/2025 • Yago Dias • Financial Management

If you are living in Ireland and exploring credit card options, the PTSB ICE Visa Credit Card might be just the turn-key solution for your financial needs.

With an array of impressive benefits including zero introductory interest rates on balance transfers and new purchases, along with no annual card fee, this Visa card stands out as a robust financial tool.

Introductory 0% interest on balance transfers (first 6 months).
Introductory 0% interest on new purchases (first 3 months).
No annual fee applies, with just a €30 government stamp duty.
Second card provision at no additional charge.
Worldwide usability without daily transaction fees.
Plastic ally for individuals with poor credit ratings.

This guide provides a thorough exploration of the PTSB ICE Visa Credit Card, offering insights into its benefits, how it caters to individuals with challenged credit ratings, and other key aspects.

Benefits of the PTSB ICE Visa Credit Card

A reliable partner in your wallet, the PTSB ICE Visa Credit Card serves up a platter of benefits that are ideal for customers seeking financial flexibility and security.

Introductory 0% Interest Offers

Avail 0% fixed interest on balance transfers for 6 months and new purchases for 3 months.

No Annual Fee

Enjoy the fiscal ease of finishing the year with no annual card fee. Only a €30 government stamp duty is required.

Second Card for Free

Benefit from issuing a second card to a family member over 18 years old with no extra charge.

Worldwide Use

Utilize your card globally without worrying about day-to-day transaction fees.

Flexible Repayment Options

Decide your repayment date and amount, with the flexibility to pay as little as 2.5% of your balance or €5.

Verified by Visa Protection

Shop online confidently with fraud protection services facilitated by Verified by Visa.

Who Is the PTSB ICE Visa Credit Card For?

This credit card is tailor-made for a variety of users, particularly targeting those who hold or are willing to open a current account with Permanent TSB.

Here are the primary segments of the audience that might find this card useful.

Existing PTSB customers who deposit salaries into their accounts.
Individuals with a negative credit rating seeking a reliable credit option.
Frequent travelers who need a card with worldwide access.
Online shoppers who prioritize fraud protection.
Customers looking for a no-fee credit card option.

If you are aligned with one or more of these categories, the PTSB ICE Visa Credit Card could well be suited to your needs.

Pros and Cons of the PTSB ICE Visa Credit Card

Like all financial products, the PTSB ICE Visa Credit Card comes with its own set of advantages and disadvantages.

These must be weighed based on individual financial needs and circumstances.

Pros

0% Interest Periods
Immediate financial relief on balance transfers and new purchases.
No Annual Fee
Eliminate ongoing annual card fee frustrations.
Flexibility
Choose repayment dates and amounts; issue a secondary card without extra costs.
Global Convenience
Use without daily transaction fees, offering seamless spending worldwide.
Caters to Negative Credit Ratings
Opens credit access to customers with less-than-perfect credit scores.

Pros

Variable APR After Introductory Period
Once the promotional period ends, a variable purchase APR of around 22.53% applies.
PTSB Account Requirement
You must be a current account holder with salary routing through PTSB.
Government Stamp Duty
A €30 government charge applies annually.
Minimum Repayment Clause
Asserts mandatory minimum monthly repayments, which could be restrictive.

Why We Recommend the PTSB ICE Visa Credit Card

The PTSB ICE Visa Credit Card is particularly noteworthy for its accommodating stance towards individuals with negative credit ratings—providing a significant refresh to credit accessibility.

The benefits of this card are rich and varied, catering to the financial needs of Irish residents across multiple layers of practicality and security.

Existing PTSB customers gain further integration of services.
Individuals with adverse credit history find available support.
Offers a blend of excellent introductory rates on balances and purchases.
Meets both international usage needs and transactional security.
Eliminates annual fees save for a one-time government charge.

How to Apply for the PTSB ICE Visa Credit Card

Ready to take the plunge and unlock the benefits of the PTSB ICE Visa Credit Card?

The application process is straightforward and leverages both physical and online channels.

Access to the bank website

Visit any Permanent TSB branch.
Call the PTSB customer support line.
Head to the PTSB website for the online application form.

Frequently Asked Questions

How do I repay my outstanding balance?

You can repay in equal monthly instalments, such as €1,500 over 12 months at €125 per month alongside any accrued interest post-promotional period.

What proof is required for credit applications?

A Personal Public Service Number (PPSN) must accompany applications over €500, though a Public Services Card is not accepted as proof.

Can I set up standing orders for payments?

Yes, through BIC and IBAN details, enabling automated debits from your account monthly.

What support does PTSB provide?

You can obtain support via phone, branch visits, or through their comprehensive online help section.

Final Considerations

The PTSB ICE Visa Credit Card is a compelling option if you are in the market for a card that extends welcoming arms to users with negative credit ratings, among other benefits.

It is backed by a trusted institution and offers an array of features that fit a variety of financial lifestyles.

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