I’m an existing BOI mortgage customer, am I eligible for the EcoSaver Mortgage?

Yes! If you are an existing fixed rate customer, there are two ways you can get EcoSaver Mortgage – you can wait until your current fixed rate expires, we will write to you about 2 months before your fixed rate matures and offer you all the available rates at that time which may include fixed rates with EcoSaver discounts. Or you can break out of your current fixed rate early and change to an EcoSaver Mortgage. However, The EcoSaver Mortgage discounts being offered are discounts based off the standard fixed rates we offer today, breaking out of your current fixed rate term may not provide a saving if the rate you are already on is a lower fixed rate than what is currently offered by Bank of Ireland even with the EcoSaver Mortgage discounts. There may also be a cost to end a fixed rate term early.

If you are an existing customer on a non-fixed rate (e.g. variable rate) you may switch to Ecosaver Mortgage and get a fixed rate at any point. Customers are always advised to consider the options carefully before changing their mortgage rate.