Post Office Card
The new Post Office Credit Card is a unique combination of credit card and loan. As a credit card, it features a standard rate of 15.9% typical APR (variable), 0% for 10 months for balance transfers and purchases, and no annual fee.
But this card goes further. Up to 2 purchases a year of at least £500 and less than £2,000 in total can be transferred to a 'payment plan' where you repay them over 12 months at a discounted rate of just 6.8% - in effect, a pre-arranged personal loan at a low rate.
The Post Office Card at a glance
- 15.9% typical APR (variable)
- Pay only 6.8% on larger purchases repaid over 12 months
- 0% for 10 months for transferred balances
- 0% for 3 months for purchases
- No annual fee
- Free purchase protection insurance
- Optional payment protection insurance
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Other Post Office Products: Car Insurance, Guaranteed Equity Bonds, Home Insurance, Loans, Travel Insurance |
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Post Office News Stories: Post Office Launches 'Two In One' Credit Card / Loan Combination, Post Office to Replace Fee-charging ATMs, Cost of Post Office ATMs |
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