Post Office today announces the launch of its new brand, Post Office Money, which will bring together all of its multi-award winning financial products under one umbrella. This is a significant step to cement the Post Office as one of the UK’s leading financial service challengers and continues its successful joint venture with the Bank of Ireland.
• 14 million people plan to make a big financial change in 2015 • Clearing debts (18 per cent) and taking greater control of their money (16 per cent) this year is key for many UK adults • Climbing the property ladder is a top priority for 2015, with a fifth (18 per cent) planning to move or buy their first home
• 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 improves its Platinum Credit Card – with 0% on balance transfers for 18 months and a reduced fee of just 0.79%1
• The NYE night in trend continues with 1.5 million people more than last year opting to stay in • ….but damages from house parties costs £127
• 19TH December is the busiest day for phone/online Post Office International Payments • A transaction will be processed every 90 seconds • One in 10 will send cash as a Christmas gift • USA, Spain and Australia the most popular destinations for money transfers
The average UK house price increased by £29,339 over the last year – more than the average UK wage (£27,271) More than three in five workers earned less than the average UK property appreciated in value over the last 12 months London homes earned £80,000 in the last year – nearly twice as much as the average salary in the capital
- The poorest 20 per cent of UK households have had no potential savings1 – money available to save - since 2002 - Meanwhile, the highest-earning 20 per cent of the population will have an average £18,680 to save this year - The savings gap between the richest 20 per cent and the poorest 20 per cent currently stands at over £20,000
Post Office has today launched six market-leading mortgage deals. The new products include a two year fixed deal at 60% LTV at a rate of 1.54% (£1,995 arrangement fee), as Post Office enters the current rate fray.
- Parents expect to spend £2291 on keeping their children amused over half term - Week of woe: Nearly two thirds of parents (62 per cent) are worried about covering the costs - A third (31 per cent) will dip into their savings and 22 per cent plan to work overtime to make up the shortfall
- Attractive products include Online Saver, Reward Saver and Cash ISA - Products are available online, in-branch, by phone or by post
- Latest range includes market-leading branch exclusive
