Post Office Card account

Holes_in_my_pocket

Do you have to put PO card account on BR forms

sieve

Hi Himp,

Yes I think you do but I doubt the OR will have any interest in it whatsoever so you should be able to continue using it after you go BR.

Cheers

S

fermi

Yep. You have to list it.

But: http://www.insolvency.gov.uk/freedomofinformation/technical/casehelpmanual/B/BanksBuildingSocietiesCreditChargeCards.htm

Post office card account

A post office card account is operated by Citibank International PLC through the post office and can only be used to receive benefit, state pensions and tax credit payments. There is no overdraft facility on this account, and no other payments, such as wages, can be paid into it. No credit checks are undertaken when the account is opened. The official receiver will therefore have no interest in the balance of such an account and should not take the cash card for one of these accounts from a bankrupt.

So they won't touch it.