Thousands of Avant Money credit card users are set to receive refunds due to an administrative error that led to overcharged interest. Checks are being sent out now – check your post!

Long Description:

Good news for thousands of Avant Money credit card customers across Ireland! The financial provider, Avant Money (the Irish arm of Bankinter), has confirmed it is issuing refunds to over 4,200 individuals who were overcharged on their credit card interest due to an “administrative error.”

Customers impacted by this error will be receiving money back directly. While the average refund amount is reported to be around €20.43, some individuals have received significantly more, with one customer reportedly getting a refund of €544.48. These refunds are designed to cover the excess interest charged, along with compensatory interest.

Avant Money has stated they are actively communicating with all affected customers. If you are an Avant Money credit card holder, it’s worth checking your recent statements and any correspondence from them. This action highlights the importance of transparency in financial services and serves as a reminder for consumers to regularly review their statements for any discrepancies.

Key Details:

• Who: Over 4,200 Avant Money credit card customers in Ireland.
• What: Refunds for overcharged interest due to an administrative error.
• Average Refund: Approximately €20.43 (some much higher).
• How: Refunds are being processed directly by Avant Money.
• Source: RSVP Live (published May 21, 2025)