Most British people know of renowned institution the Post Office from going to post letters and parcels. However, the Post Office also provides various money-related services including insurance, loans and accounts. Such services fall under the brand ‘Post Office Money’ and one such product they now offer is the Post Office Credit Card.
They currently offer three credit cards: The Platinum card, The Matched card and the Balance transfer card.
The main difference between the three options is the balance transfer fee and number of months this applies for. For example, the Matched card offers a balance transfer fee of 2.89% with 0% on balance transfers for 25 months, for the Balance transfer card there is also 0% on balance transfers, but this time it is extended to 32 months and the balance transfer fee is 2.00%. The platinum card also offers 0% on balance transfers for 18 months with a fee of 2.89%.
All cards offer 0% on purchases for a varying amount of months, between 3 and 28. All cards also offer the option to pay with contactless technology and there is no yearly fee. Another fantastic bonus is that all of the cards can be used abroad and you will not be charged for withdrawing travel money via the Post Office. The Platinum card also offers no fees on money spent abroad.
The Bank of Ireland UK acts as the credit broker in all three instances.
A fantastic online service allows you to check if you are entitled to have a Post Office Credit Card, without altering your future borrowing capabilities. You can then apply for your card online.
There is also a lot of flexibility with this service, given that it is possible to access your account online and also via a specially designed credit card app at whatever time suits you best. Via these platforms, amongst other services, you can view your balance, credit limit, statements and change your contact details.
There is a dedicated helpline for those who need help with making their credit card application. There is also a separate customer services department. It is possible to contact both teams every day via the telephone, apart from Sundays. You can also log the loss or theft of your card via a line which is open 24 hours a day.