Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
Post Office Money balance transfer credit card review
This card is no longer available, but you can use this page to compare alternatives.
As of June 2019, this card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to browse similar cards from other issuers.
0% interest on balance transfers
0% interest on purchases
|Issuer||Bank of Ireland (UK) plc|
|Balance transfers||0% for 25 months reverting to 19.9%|
|Balance transfer fee||3%|
|Purchases||0% for 3 months reverting to 19.9%|
|Purchases interest-free period||Up to 56 days|
|Min credit limit||£1,000|
|Max credit limit||Not specified|
|Additional cards available||3|
|Incentive||Cash exchange fee waived when used to purchase foreign currency in Post Office branches or online.|
|Availability||Available to new customers|
|Additional Criteria||No outstanding CCJs|
Must not already hold a Post Office Money credit card
|Balance transfer fee||3%|
|Foreign usage charge (EU)||2.99%|
|Foreign usage charge (rest of world)||2.99%|
|Cash advance fee||2.5% (min. £3)|
|Late payment fee||£12|
|Duplicate statement fee||£5|
|Exceeding limit fee||£12|
|Additional card fee||£0|
|Replacement card fee||£0|
Post Office Money’s Balance Transfer card is designed to give you the option to transfer an existing balance onto your new card with an interest-free period. Although it isn’t the only Post Office Money credit card to offer this service, it is the card with the headline-grabbing interest-free period.
Pros and cons
- See if you're eligible before you apply with Post Office Money's "Fast checker" service.
- Manage your account anywhere, 24/7 with the secure mobile app.
- No fee for travel money when you pay with your card in a Post Office branch or online.
- Don't expect rewards aplenty with this functional card – it's designed for saving on interest and not earning while you spend.
Compare credit cards from Post Office Money
Alternatives to the Post Office Money credit card
When it comes to repayments, you can make manual repayments online or over the phone (0345 607 6500), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply
If you want to transfer a balance and enjoy 35 months interest-free with this card, just click on the “Go to Site” button and you’ll be taken to a secure application form. This takes about 15 minutes to complete. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need so that you can make this process as easy as possible.