Post Office Money Classic Credit Card review 2020

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A versatile balance transfer card that doesn't require credit score perfection.

Finder rating: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 34.94% (variable) p.a., your representative rate is 34.9% APR (variable).


Representative APR


Account fee

Up to 56 days

Interest-free each billing period


Minimum credit limit


IssuerCapital One
Annual/monthly fees£0
Balance transfers34.94%
Balance transfer fee2.9%
Purchases interest-free periodUp to 56 days
Money transfers34.94%
Cash advances34.94%
Min credit limit£200
Max credit limitSubject to status: £8,000

Expert review

Chris Lilly

Review by

Chris Lilly is a publisher at He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

Post Office Money hasn’t exactly attempted to turn the world of credit cards upside down with this slightly unremarkable card. Instead, you’ll get a straightforward option that’s available to a fairly broad range of credit scores. You can check whether or not you’d be eligible, without affecting your credit score, using Post Office Money’s eligibility checker.

The card is perhaps most competitive as a balance transfer option for those with less than perfect credit scores – going up against specialist cards from the likes of Barclaycard and fluid. These cards allow you to transfer across debt from another credit card (for a fee) in order to save money on interest. Just bear in mind that the specific terms can vary from applicant to applicant, so if you use the eligibility checker and are offered a card take a close look at the rates and the length of any 0% periods.

The card also lets you spread the cost of an upcoming expenditure for up to months without incurring any interest.

After the 0% periods have expired, realistically there’s not a lot to persuade users to hang on to this card.

Important: From the start of October, all Post Office Money credit card accounts will be transferred to the provider Jaja Finance. If you’re an existing Post Office Money card customer, you will automatically be sent a new card, and your current card will cease to work 30 days afterwards. Your card account terms, including your PIN and credit limit, will not change.


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Pros and cons


  • No annual fee


    How does this card compare with other similar cards on the market?

    Table: sorted by length of 0% balance transfer offer, promoted deals first
    Data indicated here is updated daily
    Name Product Rep. APR Balance transfers Credit limits Balance transfer limit (% of credit limit) Link Incentive Representative example
    Fluid Mastercard
    0% for 9 months
    (4% fee)
    Min. limit £250, max. limit not specified.
    More Info
    Representative example: When you spend £1,200 at a purchase rate of 34.94% (variable) p.a., your representative rate is 34.9% APR (variable).
    Capital One Balance Transfer Mastercard
    0% for 6 months
    (3% fee)
    Min. limit £200, max. limit £1,500.
    More Info
    Representative example: When you spend £1,200 at a purchase rate of 34.94% (variable) p.a., your representative rate is 34.9% APR (variable).

    Compare up to 4 providers

    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.

    Repayment options

    You can make manual repayments online or over the phone (), or better still, 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 for the Post Office Money Classic Credit Card

    You can apply online in 10-15 minutes. Before you can apply, you’ll be prompted to use the “QuickCheck” eligibility checker. This will give you a clear picture as to whether or not it’s worth applying, without hurting your credit rating. If it’s good news and you opt to actually apply, Post Office Money will run a full credit check, which has a small (and usually short-lived) impact on your credit score.

    Once you’re approved, it takes up to two weeks to receive your new credit card. You’ll get your PIN first, then your card a day or so later. When you’ve got your card, you can activate it and register for online banking (then you can start tracking the card in the app too).

    The first time you use your new card, you’ll need to enter the PIN – from then on you can go contactless to your heart’s content (unless your heart wants to spend more than £45, in which case you’ll need that PIN again).

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    Our team evaluates credit cards to determine their value against similar products on the market.

    We look at how good the card is for its designated purpose (spending abroad, clearing debt, earning air miles, etc), how costly it is to use day-to-day and whether it offers much in the way of extras. Learn more about our credit card rating methodology.

    We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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