AIB is the latest lender to pass on the latest 0.25% point interest rate rise from the European Central Bank.
AIB's standard variable mortgage rate for owner occupiers will go up 0.25% to 5.1%, and its ECB Tracker related mortgages will go up 0.25%.
Overdraft rates, the bank's standard variable 'A' personal loan rate and deposit rates will also go up 0.25%.
Last week the European Central Bank raised interest rates to 4%, its eighth quarter-point increase since December 2005.
Given the strength of the euro zone's economy and the inflationary risks that the bank still sees, the latest rate rise is unlikely to be the last.
At a news conference after the rate decision last week the ECB's president, Jean-Claude Trichet, dropped a heavy hint to that effect.
However, the ECB now forecasts that growth in 2007 will be 2.3-2.9%, more optimistic than the 2.1-2.9% they pencilled in in March, and therefore economists are banking on another rate increase in September.