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POST OFFICE LAUNCHES NEW MATCHED CREDIT CARD

Press release   •   Jan 05, 2015 17:07 GMT

  • Post Office’s Matched Credit Card offers 0% on purchases for 16 months and 0% on balance transfers for 16 months (2.98% balance transfer fee applies)
  • No cash fee when the card is used to buy travel money at the Post Office

Post Office today launches a new credit card which combines a lengthy balance transfer offer with a competitive interest-free purchase period.

The Matched Credit Card offers customers 0% on balance transfers for the first 16 months, and 0% on purchases for the same period. This offer is intended to allow customers a greater degree of choice and flexibility when managing their money. There is no annual fee and an 18.9% APR (variable).

The card can be used at 32 million locations worldwide and keen holidaymakers will also benefit from no cash fee when using the card to purchase travel money at the Post Office. The Matched card will be available from 5th January.

John Willcock, Head of Credit Cards at Post Office, said: “We are dedicated to providing a credit card which simplifies the day-to-day management of our customers’ money. Post Office cardholders can take advantage of zero per cent on balance transfers for 16 months while adding no additional interest on new purchases made in the first 16 months. This provides them with the flexibility and convenience they require.

“The Matched Credit Card is also accepted in 32 million locations worldwide and with no cash fee when you use the card to buy travel money at the Post Office, it is ideal for use at home or when going away.”

Applications can be made online (www.postoffice.co.uk/creditcard), over the phone (0800 169 2000) and at selected Post Office branches across the UK. The Post Office Matched Credit Card is provided by Bank of Ireland UK. Terms and conditions can be found at postoffice.co.uk/creditcard.

About the Post Office

The Post Office (Post Office Limited) has an unrivalled national network of over 11,500 branches across the UK, more than all the high street banks combined, and sits at the heart of communities in Northern Ireland, Scotland, Wales and England. The Post Office has made a commitment to maintaining its network of branches at its current size and reach. It provides around 170 different products and services spanning financial services including savings, insurance, loans, mortgages and credit cards; Government services; telephony; foreign currency; travel insurance and mail services.

The Post Office serves over 17 million customers a week and a third of small businesses. Some 99.7% of the total population live within three miles of a post office and over 97% live with one mile of a post office. For many rural communities, the post office is the only retail outlet. Post Offices branches remain highly valued and trusted, and are the focal point of many communities. For more information, visit http://www.postoffice.co.uk/.

Please note the Press Office team can only deal with enquiries from the media.  Unfortunately they do not have access to customer information so can not help with customer enquiries.

If you have an enquiry regarding any Post Office product or service please visit postoffice.co.uk or call 0845 611 2970 Local call rates apply. Call costs may vary depending on your service provider. Calls may be monitored or recorded for training and compliance purposes.