Avant Money One Card Review: All in One Card Solution
The One card offers cardholders lucrative combo of introductory offer rates on purchases, no interest charge money transfers and balance transfers and €150 Cashback.
We have compiled these resources without taking into account your personal objectives, circumstances, financial situation or needs. Therefore, before acting on any information contained on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs, and seek professional advice where appropriate. You can read the full Terms of Use.
Summary:
The card is one of the big contenders among credit cards in Ireland because of its rewards and interest rate offers.
Pros:
- 0% money transfers for 12 months that works like an interest free loan.
- 0% balance transfers for 9 months
- 0% purchases for 3 months from account opening
- €150 Cashback when you switch your credit card.
- 16.8% standard interest rate for purchases, transfers and cash withdrawals
- Access to Avantages® loyalty programme
- No Annual fees for these great benefits
Cons:
- Balance transfer or money transfer must be done within the first 90 days of opening your account or loose the offer.
Avant Money One Credit Card
- Monthly Fee: €0
- Intro Offer: 0% on purchases for 3 months and balance transfers for 9 months
- Cash back:€150 Cashback when you switch your credit card.
- Interest Rate: 16.8% variable on all purchases
- APR: 22.9% variable
- Currency Conversion Fee (POS/ATM): 2.65%
- Stamp Duty: €30 annually
- Balance Transfer: 0% on balance transfers for 9months
- Money Transfer: 0% interest on money transfers for 12months
- Additional Card Fee: €0
- Late Payment Fee: €15.24
- Cash Advance Fee: 1.5%
Avant Money One Card Product Details
- Enjoy over 300 always-on offers and discounts on your favourite top brands on the Avantages® loyalty programme
- 0% interest for 12 months on money transfers, think of it like a 12 months interest free loan
- 0% balance transfers from an existing credit card for 9 months
- 0% purchases for 3 months from the time of opening your account.
- €0 annual fee just a €30 Government stamp duty charge
- €150 credited to your account when you switch your credit card.
- APR of 22.9% variable, which means when you use up a credit limit of €1500 and you payback equal amounts over a 12 month period with interest rate of 16.8%, the total amount you pay back is €1666.50 including €30 stamp duty
- View rates and fees
Compare Similar Credit Cards
One Credit card
Annual Fee
€0
Intro Offer:0% on purchases for 3 months and balance transfers for 9 months. €150 Cashback
APR: 22.9% Variable
AIB Platinum Card
Annual Fee
€0
Intro Offer: Spend over €5,000 and up to €50,000 for a 0.5% of that amount back max is €225 per year
APR: 17% Variable
An Post Money Flex Credit Card
Annual Fee €0
Intro Offer: 0% fixed interest on purchases for first 9 months
APR: 10.80% or 16.80% variable
What are the Benefits and Perks of Avant Money One Card?
One Year 0% interest on Money Transfers
The differentiating factor for the One Credit Card is the interest free money transfer from your credit card into your bank account. It is like getting an interest free loan for 12 months. The money transfer needs to be done within 90 days of opening the account. Other money transfer cards would provide this facility but would require to pay the same interest as a normal purchases. In this regard, the One Card makes our best credit card pick for all in one solution.
No annual fee
Most credit cards do not charge and annual fee but with the exclusive free interest and benefits that comes with this card and no annual fees, that is a big treat. The fact that this card does not charge any annual fee makes it easy card to hold onto for a long time.
0% Interest Rate Offers on Balance Transfers
The card offers the most comprehensive introductory offers from the moment you open your account. You get 0% balance transfers from an existing credit card for 9 months as long as the transfer is done within 90 days of opening the account. This is a good card if you would like to transfer debt from a high interest card.
Cash Back
Avant Money now offers a cash back. €150 credited to your account when you switch your credit card.
>> More: Best Cash Back Credit Cards
Special Intro Interest Rate offer on Purchases for 3 months
The One Card gives you a 0% interest on purchases for the first 3 months of opening the account. This is helpful if you use planned make a huge purchase on your card and pay it off over 3 instalments time.
» MORE: Best Money Transfer Credit Cards
Avantages® loyalty programme
Access to advantages loyalty programme portal or app and get over 300 offers, discounts and less restrictions from 100’s of your favourite top brands. In addition to this you get exclusive experiences, customer days, and competitions for you and your family. On the portal you also get access to learning to improve your professional skills and work out videos to improve your health.
» MORE: What to expect from Advantage Loyalty Programme
Main cardholders can get up to three additional card holders to their account at no extra cost. Cardholders can share their credit limit with family and they will receive their own card and PIN.
You Might Want To Consider a Different Credit Card
Fees and Charges are Extra High
Take time to review the fees and charges that apply to the one credit card. Items like late payment fees, returned direct debit, or even over limit fee are on the high side. You may want to consider this before you apply.
Short 0% Intro Period on New Purchases
Even though the Citi Simplicity® Card has a best-in-class 0% APR intro period on balance transfers, you’ll only get a reprieve from interest on new purchases for a year. Other cards offer long 0% intro APR periods on both balance transfers and new purchases. For lengthy 0% introductory offers on new purchases, a better alternative is An Post Money Flex Credit Card.
Limited Long Term Value
Once the 0% intro APR period ends, there isn’t much incentive to keep using this card. The ongoing APR range is about average, so you can find credit cards in the market with lower APR like AIB Click Visa Card.
See our Coins to Asset Best Credit Cards in Ireland reviews to compare with other cards.
Review Methodology
Coins to Asset reviews credit card across many the factors. We analysed popular 14 credit cards available in Ireland to come up with the best cards for you. We looked at fees, interest rates, rewards and cash backs including the ease of redeeming the rewards. We also considered the monetary value of the benefits and perks and the overall value add of the card to the cardholder. Part of our review includes ease of credit card application, the simple reward structure, attractiveness of the features, and whether the card suits everyday use or best reserved for specific purchases. We give star ratings serve as a general guide of our comparison but it is only a consideration when you are choosing a credit card not a rule. Learn how Coins to Asset Rates Credit Cards.
Lynda Unogu MBA IMC (CFA UK) PMP
Lynda holds an MBA from University College Dublin and worked previously in product roles within financial services and technology firms like Mastercard, Citi Bank and JP Morgan. She constantly seeks to apply her expertise in financial services to the field of personal finance with the goal of helping people navigate the complexities of the finance.
