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Government Stamp Duty on a debit card

Government Stamp Duty (GSD) is a tax on all Visa Debit and ATM cards which is only charged when you use the card to withdraw from a cash machine. GSD is a yearly tax which we collect from your account the following January.

How Government Stamp Duty is calculated

The most you will be charged is €5 for any one debit card and €2.50 for any one ATM only card.

  • Point of sale only you will not be charged GSD
  • Cash machine only €0.12 for each cash withdrawal that year to a maximum of €2.50. 'GOVT DUTY ATM' will appear on your account the following January
  • Point of sale and cash machine €0.12 for each cash withdrawal to a maximum of €5. 'GOVT DUTY ATM/POS' will appear on your account the following January

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