Looking for a credit card that actually gives something back? The Avant Money Everyday+ Card is designed specifically for Irish shoppers who want to earn while they spend. We’re talking real cashback on your weekly grocery shop, not complicated points systems or rewards you’ll never use.
Here’s what makes this card different. Up to €300 cashback in your first year just from buying groceries. That’s money back in your pocket, not locked behind spending thresholds you’ll never hit.
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Below are helpful, related guides.The Everyday+ card targets everyday spending – hence the name. Groceries, retail purchases, the bills you’re paying anyway. It’s built for regular people, not jet-setters collecting air miles.
In this guide, we’ll break down exactly how the cashback works, what the card actually costs, and whether you’ll qualify. No jargon. No hidden catches. Just straight answers about whether this card makes sense for your wallet.
Think of this as your practical breakdown of the Avant Money Everyday+ Card. By the end, you’ll know if it’s worth applying for or if you should keep looking.
What the Avant Money Everyday+ Card Actually Offers
The main draw here is grocery cashback. For the first 12 months, you earn 5% back on eligible grocery purchases, capped at €25 per month. After that first year? It drops to 1% cashback, still capped at €25 monthly.
Do the maths. €25 monthly cashback for 12 months equals €300 in your first year. Not bad for using a card you’d use anyway.
But there’s a catch – and there always is. “Eligible grocery retailers” is the key phrase. Not every shop qualifies. Supermarkets and grocery stores generally do. Convenience stores sometimes. Petrol stations rarely. It depends on how each retailer has registered their business classification.
Beyond groceries, you get 0.1% cashback on other retail spending. It’s modest but consistent. Buy a new phone? You’ll get a tiny bit back. Purchase clothes online? Same thing. It adds up slowly over time.
The government stamp duty – that €30 annual charge every Irish credit card has – gets refunded by Avant Money on the Everyday+ card. That’s €30 back in your account each year, which partially offsets the lower ongoing cashback rate after year one.
Balance transfers come with a promotional offer too. Move debt from another card within your first 90 days and you’ll pay 0% interest for six months. After that, the standard variable rate kicks in. It’s a decent window if you’re consolidating debt, but you need to be disciplined about clearing it before the promotional period ends.
Up to 56 days interest-free credit applies if you pay your full balance on time each month. Miss that payment or carry a balance? Interest starts accumulating immediately at the variable rate.
You can add up to three additional cardholders at no extra cost. They share your credit limit and get their own card and PIN. Useful for couples or families managing shared expenses.
Understanding the Fees and Charges
Let’s talk money. The real cost of any credit card.
There’s no monthly account fee. No annual service charge. The only recurring cost is that government stamp duty, but as mentioned, Avant Money refunds it on this card.
The variable interest rate sits at 20.8%. That’s what you’ll pay on any balance you carry month to month. In practical terms, if you don’t clear your full statement balance, you’re paying roughly a fifth extra on whatever you owe.
The typical APR – Annual Percentage Rate – is 22.9%. This figure includes the interest rate plus other charges, giving you a more complete picture of the card’s cost. It’s higher than the base rate because it factors in how interest compounds and the impact of minimum payments.
Here’s a representative example Avant Money provides. Assuming a credit limit of €1,500 drawn down in one transaction and repaid over 12 months in equal monthly instalments: you’d pay back a total of €1,669. The cost of credit? €169.
That example matters because it shows what carrying a balance actually costs. Borrow €1,500, pay back nearly €1,670. That extra €169 is what you’re giving up to spread payments across a year.
Cash withdrawal fees apply too, though the exact structure varies. Generally, using a credit card to pull cash from an ATM is expensive. Avoid it if possible.
Late payment fees and over-limit fees will hit if you miss payments or exceed your credit limit. These aren’t small charges – they add up quickly and can damage your credit rating. The best strategy? Set up a direct debit for at least the minimum payment.
Foreign transaction fees are standard for purchases outside the eurozone. Buying something in pounds or dollars? You’ll pay a percentage on top of the exchange rate. It’s worth checking current rates before using the card abroad.
Breaking Down the APR and Interest Rate
APR confuses people. Understandably.
The variable interest rate of 20.8% is what Avant Money charges on outstanding balances. “Variable” means it can change – it’s not fixed for the life of your account. If the bank decides to adjust rates, yours might go up or down.
The 22.9% APR is a standardised way of showing the total cost of credit, including how interest compounds over time. It’s always higher than the base interest rate because it accounts for the mathematical reality of compound interest.
Why does this matter? Because comparing credit cards using only the base rate can be misleading. The APR gives you a more accurate picture of what you’ll actually pay if you carry a balance.
Here’s the thing about both rates. They only matter if you don’t pay your balance in full each month. Use the card, clear the statement balance before the due date, and you’ll never pay a penny in interest. The cashback becomes pure profit.
Carry a balance though, and these rates bite hard. €1,000 left unpaid for a year at 20.8%? You’re looking at roughly €208 in interest charges. That wipes out most of the cashback you’d earn even on maximum grocery spending.
The promotional 0% rate on balance transfers is the exception. For six months after transferring a balance from another card, you won’t pay interest on that transferred amount. But you need to complete the transfer within 90 days of opening your account, and you must stay within your credit limit and make minimum payments to keep the promotional rate.
Once those six months end, any remaining balance gets hit with the standard 20.8% rate. Plan accordingly. Either clear it during the promotional period or be prepared for the interest to start adding up.
Who Can Actually Get This Card
Eligibility for the Avant Money Everyday+ Card comes down to three main factors. Age, residency, and financial standing.
You must be over 18. Obvious, but worth stating. Credit cards in Ireland are adult-only financial products.
You need to be a resident of the Republic of Ireland. Northern Ireland residents wouldn’t qualify because Avant Money operates specifically within the Republic. Proof of address dated within the last three months is required during application.
Your income and expenses matter significantly. Avant Money assesses your ability to repay based on your financial profile. They don’t publicly state a minimum income requirement, but they do evaluate whether you can reasonably manage the credit they’d extend.
Credit history plays a role too. Every application undergoes a credit check through the Central Credit Register. If you’ve got significant unpaid debts, recent defaults, or a history of missed payments, approval becomes less likely.
That said, you don’t need a perfect credit history. Avant Money considers your overall financial picture. Regular income, manageable existing debts, and a history of meeting financial obligations all work in your favour.
The eligibility checker on the Avant Money website gives you a sense of whether you’d likely be approved before you formally apply. It’s a soft check – doesn’t impact your credit score – and takes under a minute to complete. Smart to use it first.
Once approved, your credit limit depends on your financial situation. Avant Money evaluates your income, expenses, and creditworthiness to determine how much credit to extend. Limits vary significantly from person to person.
How to Apply for the Everyday+ Card
Applying happens entirely online. No branch visits required.
Start with the eligibility checker at avantmoney.ie. This preliminary tool assesses your broad eligibility without affecting your credit score. You’ll enter basic income and expense information to get an initial sense of approval likelihood.
If the checker suggests you’re eligible, move forward with the full application. You’ll need several documents ready: proof of identification (passport or driver’s licence typically), proof of address dated within the last three months, and a recent bank statement from the past 30 days.
The application itself asks about your employment, income, housing costs, and existing financial commitments. Be accurate. Avant Money will verify this information, and discrepancies can derail your application.
Once submitted, your application goes through review. This involves the credit check we mentioned earlier – a hard check that does appear on your credit file. Avant Money evaluates your creditworthiness and financial capacity.
Approval can happen quickly – sometimes within a day – though it depends on how straightforward your application is. If Avant Money needs additional documentation or clarification, they’ll contact you by phone or email.
After approval, your card arrives by post along with your PIN in a separate mailing for security. You’ll also receive your credit limit confirmation and account details. Set up your online account at my.avantmoney.ie to manage everything digitally.
Download the Avant Money mobile app too. It lets you track spending, make payments, and review transactions in real time. You can set up direct debits through the app to ensure you never miss a payment.
If you’re switching from another credit card provider, you can transfer that existing balance to your new Everyday+ card. Call Avant Money’s dedicated team or log into your account to initiate a balance transfer. Remember, you need to do this within 90 days to get the promotional 0% rate for six months.
