Ireland’s Department of Finance has published its 2026 Consumer Sentiment Banking Survey, finding that 77% of respondents hold savings accounts, compared with 3% holding investment accounts. The survey of more than 1,500 people also shows greater use of fintech accounts and smartphone payments, while established retail banks retain most main banking relationships. The findings precede the planned introduction of a new Investment Account in July 2027, with no minimum contribution and a tax-free threshold of EUR 50,000. Revolut account ownership rose to 48%, from 43% in 2025, although its accounts remain primarily used for money transfers. The proportion identifying Revolut as their main financial account doubled to 6%, while 86% named AIB, Bank of Ireland or PTSB as their main provider. Overall satisfaction with main financial providers stood at 87%, down from 89% in 2025. For purchases in stores, preference for contactless smartphone payments increased to 35%, from 27% in 2025, while cash preference remained relatively steady at 21% and preference for cards declined. Some 21% of respondents had used artificial intelligence to obtain information or advice about financial products and services, with generational differences in both usage and trust.
Ireland's Department of Finance survey finds 77% of consumers hold savings accounts and 3% hold investment accounts
Ireland’s Department of Finance published survey findings showing that 77% of consumers have savings accounts, but only 3% have investment accounts. A new Investment Account is planned for July 2027, with no minimum contribution and a tax-free threshold of EUR 50,000. Revolut ownership increased to 48% from 43% in 2025, although 86% of consumers still identified AIB, Bank of Ireland or PTSB as their main provider.