Why We Recommend the ICE Visa Credit Card?
The ICE Visa Credit Card from Permanent TSB is a fantastic option if you're looking for flexibility and solid perks. One of the main reasons we recommend this card is the valuable introductory offer.
You’ll get 0% fixed interest on balance transfers for the first 6 months, which is perfect if you want to consolidate debt and save on interest. Additionally, new purchases come with 0% interest for the first 3 months, giving you breathing room for any big expenses that come your way.
After the introductory period, you can still enjoy up to 56 days of interest-free credit, provided you clear your balance in full and on time every month. This benefit makes day-to-day financial planning easier and allows you to avoid extra costs.
The card also offers the flexibility to choose your monthly repayment date, which can be helpful if you want to line up your payments with your payday or another convenient date.
Security is another major highlight. The ICE Visa Credit Card comes with Verified by Visa protection for online shopping, giving you peace of mind. It’s also accepted worldwide, making it a great travel companion. On top of that, you can get a free second card for a family member over 18, which adds convenience and control to your finances.
What Can I Use the ICE Visa Credit Card For?
The ICE Visa Credit Card is a versatile tool you can use in so many ways. Whether you’re planning a big purchase, like a new laptop, or just covering daily expenses, it can handle it all.
One of the best aspects is its global acceptance; you won’t have to worry about finding a place to use it when you travel abroad, as it works wherever the Visa logo is displayed. This makes it not only practical for international trips but also perfect for online shopping from global retailers.
Another significant advantage is the flexibility in how you pay off your balance. You can choose to pay in full to avoid interest or pay as little as 2.5% of your balance each month. This makes it easy to manage your cash flow, especially when you have unexpected expenses. With the added security features like Verified by Visa, shopping online feels safer.
And if you’re into tech, you’ll appreciate the option to pay using Apple Pay or Google Pay, giving you even more convenience in your day-to-day spending. Overall, the ICE Visa Credit Card is designed to fit a wide range of needs, making it a dependable and flexible choice.
Advantages of the ICE Visa Credit Card
The ICE Visa Credit Card from Permanent TSB is packed with features that make it appealing for many users. One of the standout benefits is the 0% fixed interest on balance transfers for the first 6 months.
If you’re carrying debt on other cards, this perk helps you pay off your balance faster without piling up more interest. New purchases also enjoy a 0% interest rate for the first 3 months, which is ideal if you have large expenses coming up or want to spread out the cost of something big, like home improvements or a holiday.
Another advantage is the interest-free credit period of up to 56 days after the introductory offers. This gives you plenty of time to clear your balance without incurring extra costs. The card also provides added security with Verified by Visa, which is great for online shopping.
It’s widely accepted worldwide and comes with the option to add a second card for a family member for free, offering flexibility and convenience. Finally, you can choose your monthly repayment date, helping you manage your budget better.
Disadvantages of the ICE Visa Credit Card
While the ICE Visa Credit Card has many advantages, there are some drawbacks to consider. The standard purchase interest rate after the introductory period is 16.50% (variable), which could be expensive if you’re not paying off your balance regularly.
There’s also a government stamp duty fee of €30 per year, which adds to the cost of owning this card. Lastly, cash withdrawals and non-euro transactions come with extra fees, so using this card for cash or abroad could become pricey.
How Credit Analysis is Carried Out in ICE Visa Credit Card?
When you apply for the ICE Visa Credit Card, Permanent TSB conducts a thorough credit and affordability assessment. The bank looks at your income and outgoings to make sure you can manage the monthly payments. This includes reviewing your salary details, ongoing debts like loans or mortgages, and any current credit card limits you might have.
They’ll also assess your credit history to see if you have a track record of meeting payments on time. This analysis helps determine whether you’ll be approved for the card and the credit limit they can offer, which can range from €1,000 to €10,000 for in-app applications.
It’s worth noting that if your credit history shows missed payments or a high level of existing debt, your chances of approval may decrease. If you’re a new customer, you may need to visit a branch or provide additional documentation, like proof of your PPSN, to complete the credit analysis.
Is There a Maximum and Minimum Value for the ICE Visa Credit Card?
Yes, the ICE Visa Credit Card comes with a credit limit range designed to suit different financial needs. The minimum credit limit you can be approved for is €1,000, which is great if you’re just starting out or prefer to keep your spending in check.
On the other hand, the maximum credit limit you can get through the in-app application process is €10,000. If you’re looking for a higher limit than that, you can still apply, and a member of the Permanent TSB team will get in touch to discuss your options and assess your financial situation.
Do You Want to Request? Learn How to Get an ICE Visa Credit Card Right Here
Ready to make the ICE Visa Credit Card part of your wallet? It’s simple and quick to apply, especially if you’re an existing Permanent TSB customer. Click the button below to move to the next page and get all the details on how to apply!
Whether you’re using the PTSB App for instant approval or prefer visiting a branch, we’ve got you covered with easy steps to get started. Make your financial life more flexible with just a few clicks!