We want to make sure you’re getting the most from your mortgage experience with PTSB. As an existing PTSB mortgage customer, you can earn 2% monthly cashback, when you make your scheduled monthly mortgage repayments by direct debit from an Explore Current Account and meet the below criteria. Starting on 01 March 2025, this offer is available until 31 December 2030.
I already have a Mortgage and an Explore Current Account with PTSB, how do I avail of this offer?
This is an example and is provided for illustration purposes only. 3.70% rate based on 3 Year Fixed Product with an LTV of ≤=60% and a loan amount of €170,000 with PTSB over a 15-year term (180 repayments) with a total cost of credit of €59,146.83, using our standard 3-year fixed rate of 3.70% (Annual Percentage Rate of Charge of 4.24%) with total amount repayable of €229,146.83 and consists of valuation fee of €150, Property Registration Authority (PRA) fee of €175, and security vacate fee of €35. The initial 36 monthly payments would be €1,232.07. After year three, the fixed rate will mature to the prevailing Managed Variable Rate meaning 144 monthly repayments of €1,280.78, unless an alternative fixed rate is selected. The applicable maturity rate will be based on the LTV on the date your Maturity Options Letter is issued.
Terms and Conditions apply. For more information, see the 2% Monthly Cashback section (page 60) in our Personal and Business Banking Charges brochure.
If you pay your mortgage by direct debit from an Explore Account, you’ll get 2% cashback on your mortgage repayment every month until 31 December 2030, if you fall into one of the below categories:
On top of 2% cashback on your monthly mortgage repayment, you’ll also get some other great benefits on the Explore Current Account, making everyday banking better.
Learn more about the unique benefits of the Explore Account.
Here's how you can check if you have an Explore Account:
Select the option that applies to you:
To get this offer, you can:
To get this offer, you can:
Here's how to get started:
If you already currently make your monthly mortgage repayments by direct debit from your Explore Account, the 2% monthly cashback offer will automatically be applied to your account the month following your scheduled repayment, after 01 March 2025.
2% cashback monthly will be paid until 31/12/2030. Your monthly mortgage repayment must be made from a PTSB Explore Account and meet qualifying criteria. Only mortgage payments made by Direct Debit from an Explore Account will get the 2% cashback monthly. The Explore Account carries an €8 monthly fee for maintaining the account. Any items that are returned unpaid (including Direct Debits and Standing Orders) will incur the appropriate unpaid item charge and other charges may apply. eStatements only. If any changes to the billed monthly mortgage repayment are made they must be agreed by both you and PTSB to be eligible for the cashback monthly offer.
If either the Explore Account or the Mortgage is terminated for any reason then the monthly cashback will cease. PTSB retains the right to close the Explore Account as per the General Terms & Conditions. Offer applies to home loans only i.e. excludes buy-to-lets. It should be noted that any change in use of the property from personal use to letting could have tax implications for you. Explore Current Account features, benefits and partners are subject to change. Available to personal customers over 18. Read important information about our Current Account.
Information correct as of 14 January 2025 but is subject to change.
