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POST OFFICE MONEY LAUNCHES CREDIT CARD WITH 25-MONTH INTEREST FREE PURCHASE PERIOD

Press release   •   Jul 23, 2015 10:46 BST

Post Office Money’s Matched Credit Card offers 0% on purchases for 25 months* – the best purchase deal currently available on the market

Post Office Money’s Platinum Credit Card also has a new offer, making it a perfect option for holidaymakers

Post Office Money has announced an interest-free purchase period of 25 months for its Matched Credit Card* – making it the best in the market for purchases.

The Matched Credit Card offers customers:

0% on purchases for 25 months*

0% on balance transfers for the first 16 months (2.98% balance transfer fee applies)

No annual fee

An 18.9% APR Representative (variable)

Post Office Money also has a new Platinum Credit Card offer with the introduction of a 0% balance transfer fee for 18 months. An initial 2.98% fee applies, however customers will receive a refund to their account within 90 days of the balance transaction date. There is no annual fee and a 17.8% APR Representative (variable)

Both cards can be used at 32 million locations worldwide and keen holidaymakers can benefit from the lack of a cash fee when using their cards to purchase travel money at the Post Office. The new offer is available online immediately and from mid-August in branches across the UK.

John Willcock, Head of Credit Cards at Post Office Money, said:“We are dedicated to provide the best deal currently available on the market for credit card customers. Post Office Money cardholders can take advantage of zero per cent on purchases for 25 months. This provides them with the flexibility and convenience they require.”

“Our credit cards are 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 (http://www.postoffice.co.uk/credit-card) 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.