Best Credit Cards

Best Credit Cards

Post Office Credit Card

The Post Office credit card offers something quite unusual for its customers – a competitive standard rate for everyday spending and, for the bigger purchases, an even lower rate. The latter option is almost like a pre-arranged loan where you can have up to two purchases at a time (subject to terms and conditions) at a lower rate of interest.

How this works is that if you make a ‘big ‘purchase on your credit card – for example a TV – you pay for it as normal on your Post Office credit card and then give them a call. They should then be able to switch that particular cost to a lower interest rate and you have 12 months in which to pay it off!

The Post Office credit card has been a long time coming, as the Post Office has been offering other financial products, such as loans; equity bonds, premium bonds and other savings accounts; and, car, travel and home insurance - all for quite a while now.

And while there are around 16,000 Post Office branches nationwide, in most cases you don’t even need to go into a branch, you can apply online for many of their products and services.

There are three types of Post Office credit cards, designed to meet an individual customer’s needs. Overall benefits of the Post Office credit cards include:

Balance Transfer Credit Card : best credit card rates ... apply for this type of credit card, you should know that the majority of the best cashback credit cards ... it is possible to pay almost any bill online or even set up automatic payments where the account holder

Credit Card In UK : credit cards 0% interest ... move the money on time means that the credit card holder will have to pay interest ... introductory period finishes, how much interest will you be charged?

Credit Cards Self Employed : student credit card ... promise debt consolidation, whereby a large amount of credit card debt from many credit cards are rolled ... cannot do this, then aim to pay off as much each month