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Post office credit card free balance transfer to end!

I have just heard from a friend who works for the PO that they are to end the free balance transfer on the 2nd of October and start charging the usual 2.5% fee.
They are increasing the 0% period to 8 months on balance transfers and reducing the 0% on purchases from 6 to 3 months. Also the limits seem to be more generous than they were to begin with.
Hope this helps cheers.

Comments

  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Would that be straight to an 'uncapped' 2.5% do we know?
    .....under construction.... COVID is a [discontinued] scam
  • I am pretty sure its capped.
  • Bisoy
    Bisoy Posts: 873 Forumite
    danbob,

    There's no way that your friend will no the exact date when they will charge BT fees unless he/ she works with the Bank of Ireland which is the card issuer but I might be wrong.

    Cheers
  • Trust me it will definately end on the 2nd or 3rd oct.
    All the staff have been advised to use this as a selling point to increase sales.
  • Bisoy
    Bisoy Posts: 873 Forumite
    I'll have to go our nearest P.O. and investigate myself. I am still waiting for my credit report then I'll try to beat the deadline if you we're right.
  • humfer
    humfer Posts: 1,779 Forumite
    Doesn't surprise me at all. It was too good to last and there were a couple of PO employees on here last week saying basically the same thing.
This discussion has been closed.
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