0% on Credit Card Purchases for 25 months - longest ever free fee spending card on Matched Credit Card + TCB / Quidco @ Post Office Money
1013°Expired

0% on Credit Card Purchases for 25 months - longest ever free fee spending card on Matched Credit Card + TCB / Quidco @ Post Office Money

216
Found 18th Jul 2015
Post Office Money Matched Credit Card is offering a market leading 0% on all purchases for the first 25 months which is the longest 0% fee free spending out there. Also offers 0% on balance transfers for 16 months. 2.98% balance transfer fee applies. Balance transfers must be made within three months of account opening.

A transaction must be made within 3 months of account opening to qualify for 0% for the first 25 months otherwise a purchase period of 0% for the first 16 months will apply

Also included with the card is :

No cash fee to buy travel money at the Post Office

Free purchase protection insurance. Insure items against accidental damage, loss and theft for up to 90 days. Terms, Conditions, Limitations and Exclusions apply. Purchase Protection Insurance is underwritten by Ageas Insurance Limited

No annual fee

Apply online or over the phone

TCB - Accepted Matched Credit Card Application £26.25
Quidco - for an accepted application on the Matched credit card £25



TCB is £25.25 not £26.25
- Zico

216 Comments

seems good.

So if you get this and don't even use it, you can get £26.25 of free money from TCB?

Original Poster

6ixFoot1

So if you get this and don't even use it, you can get £26.25 of free … So if you get this and don't even use it, you can get £26.25 of free money from TCB?


Yes that is correct although just over 2 years interest free on a purchase is even better - new TV, fridge, cooker in fact anything you want lol

cliosport65

Yes that is correct although just over 2 years interest free on a … Yes that is correct although just over 2 years interest free on a purchase is even better - new TV, fridge, cooker in fact anything you want lol



Never really needed credit so I don't know much about credit cards. Always in need of free money though

Sounds good.

Might ditch my HSBC one for this.

Original Poster

jonneyt

http://www.cardcosts.org.ukThat's all.


Great link if you are after that sort of thing, but this card offers 2 years and 1 month at 0% so if you use that card correctly then you end up pay £0.00 interest and its the bank that looses out X)

Rikachu

Sounds good.Might ditch my HSBC one for this.


Why not keep both?

cliosport65

Great link if you are after that sort of thing, but this card offers 2 … Great link if you are after that sort of thing, but this card offers 2 years and 1 month at 0% so if you use that card correctly then you end up pay £0.00 interest and its the bank that looses out X)



I understand the point you're making, but a LOT of people don't "use the card correctly" and people should consider the consequences of that.

https://huntswood.files.wordpress.com/2013/12/behavioural-economics1.jpg

cliosport65

Great link if you are after that sort of thing, but this card offers 2 … Great link if you are after that sort of thing, but this card offers 2 years and 1 month at 0% so if you use that card correctly then you end up pay £0.00 interest and its the bank that looses out X)


Can you use it for stoozing?

Original Poster

jonneyt

I understand the point you're making, but a LOT of people don't "use the … I understand the point you're making, but a LOT of people don't "use the card correctly" and people should consider the consequences of that.


Totally agree with your comment, not so keen on the picture but as an adult you should be able to make your own decisions. I know people who have been clever enough to buy cars on credit cards and pay it back for a lot less than a loan

the balance transfer on this i have a overdraft with natwest could i transfer it on to this card to pay it off with no additional fees

Original Poster

MaximusRo

Can you use it for stoozing?


Oh yes now your talking my language of course you can, you could make a tidy bit of profit if you are clever enough

MaximusRo

Can you use it for stoozing?


can this be used for stoozing ? why yes , it was made for it

Thanks for posting this deal.

I have gone for this deal but all documentation is stating 16 months on purchases and not 25 months.

Can anyone shed any light?


** Edit **

Need to use the card within first 3 months to activate the 25 month offer otherwise drops back down to 16 months.

Thanks again OP.
Edited by: "2015" 18th Jul

Original Poster

colinfrain125

the balance transfer on this i have a overdraft with natwest could i … the balance transfer on this i have a overdraft with natwest could i transfer it on to this card to pay it off with no additional fees


No this is the wrong type of card for this

Original Poster

2015

Thanks for posting this deal.I have gone for this deal but all … Thanks for posting this deal.I have gone for this deal but all documentation is stating 16 months on purchases and not 25 months.Can anyone shed any light?



A transaction must be made within 3 months of account opening to qualify for 0% for the first 25 months otherwise a purchase period of 0% for the first 16 months will apply

colinfrain125

the balance transfer on this i have a overdraft with natwest could i … the balance transfer on this i have a overdraft with natwest could i transfer it on to this card to pay it off with no additional fees



There are better cards for that, check: moneysavingexpert.com/cre…rds

Banned

What's stoozing?

cliosport65

A transaction must be made within 3 months of account opening to qualify … A transaction must be made within 3 months of account opening to qualify for 0% for the first 25 months otherwise a purchase period of 0% for the first 16 months will apply



Thanks, posted the comment and then opened my eyes lol.

Accepted my application via Quidco, but offered me 16 months interest free. My credit rating is probably impeccable - call me an old cynic but I'd be keen to know how many applicants are actually offered the full 25 months.

Amohsin

What's stoozing?


stoozing is getting this card ,putting all your normal spending on it then put all the money for the normal spending bill into an interest account for the 2yr period that it's interest free .then take the money out after 2 yes and pay the huge bill ,and all the interest it made is yours free . But you've got to be well disciplined for this ,but its big business for lots of people !!

MaximusRo

Why not keep both?



Don't wanna have too many credit cards in one go.

Already have the tesco one for balance transfers, but this post office one has 0% on travel money which is great for an upcoming family holiday.

Just started looking around, so still need to take a look at Amex though.

Rom

There are better cards for that, check: … There are better cards for that, check: http://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards




thank you, but what i wanted to confirm was that i could move a bank overdraft over, it doesn't have to be another credit card or anything

paypeanuts

Accepted my application via Quidco, but offered me 16 months interest … Accepted my application via Quidco, but offered me 16 months interest free. My credit rating is probably impeccable - call me an old cynic but I'd be keen to know how many applicants are actually offered the full 25 months.



Someone above says you need to make a purchase within 3mths to get he 25mths interest free

Original Poster

paypeanuts

Accepted my application via Quidco, but offered me 16 months interest … Accepted my application via Quidco, but offered me 16 months interest free. My credit rating is probably impeccable - call me an old cynic but I'd be keen to know how many applicants are actually offered the full 25 months.


A transaction must be made within 3 months of account opening to qualify for 0% for the first 25 months otherwise a purchase period of 0% for the first 16 months will apply

If you are in doubt give them a call tomorrow and ask them it does seem poorly worded
Edited by: "cliosport65" 18th Jul 2015

Vanmeerkat

stoozing is getting this card ,putting all your normal spending on it … stoozing is getting this card ,putting all your normal spending on it then put all the money for the normal spending bill into an interest account for the 2yr period that it's interest free .then take the money out after 2 yes and pay the huge bill ,and all the interest it made is yours free . But you've got to be well disciplined for this ,but its big business for lots of people !!


hope that's not too hard to understand.

Thanks for clarifying, OP. I'll get me coat.

Original Poster

2015

Thanks, posted the comment and then opened my eyes lol.


It is late I suppose lol

Can I use this in ATM overseas?
Currently use a Halifax mastercard in Europe for cash, which is a great card if you pay the bill online straight away, as the interest is daily... however its a really low rate....
Just read the terms and conditions.... think I will stick to my Halifax card for now
Edited by: "geordiee1962" 19th Jul 2015

Banned

Aren't there any minimum monthly payments on this card? As in you'd have to pay the creditors back on a monthly basis to pay back the money they have 'borrowed' you?

jihadijulz

Aren't there any minimum monthly payments on this card? As in you'd have … Aren't there any minimum monthly payments on this card? As in you'd have to pay the creditors back on a monthly basis to pay back the money they have 'borrowed' you?



From the Summary Box:

Any monthly minimum payment will be rounded up to the nearest pound (£) and will be the greatest of:
• 2.5% of the outstanding balance on your statement (minimum £5) OR
• The full balance (if less than £5) OR
• 1% of the outstanding balance plus interest, plus fees, plus any insurance premium

So a balance of £1,000 would need a min payment of £25

edit: Obviously only paying the minimum back will mean the card takes longer to pay off - if stoozing, you would run it differently to increase balance on the high interest bank/savings account.
Edited by: "voodoo85" 19th Jul 2015

Looks good but keeps crashing and saying "Try Tomorrow"

Taken straight from the pre-contract terms:

• Introductory rate of interest (fixed):
- 0% on purchases for first 16 months from the date of agreement;
- 0% on balance transfers applies for 16 months to balance transfers made within first 3 months of date of agreement.
At the end of the introductory period, any outstanding balances will be subject to the applicable standard variable rate.

paypeanuts

Accepted my application via Quidco, but offered me 16 months interest … Accepted my application via Quidco, but offered me 16 months interest free. My credit rating is probably impeccable - call me an old cynic but I'd be keen to know how many applicants are actually offered the full 25 months.



51% - or as close to it as they can manage

Any idea what the credit limit is on this car as most have been capped to £1500-2000 recently?

Banned

voodoo85

From the Summary Box:Any monthly minimum payment will be rounded up to … From the Summary Box:Any monthly minimum payment will be rounded up to the nearest pound (£) and will be the greatest of:• 2.5% of the outstanding balance on your statement (minimum £5) OR• The full balance (if less than £5) OR• 1% of the outstanding balance plus interest, plus fees, plus any insurance premiumSo a balance of £1,000 would need a min payment of £25edit: Obviously only paying the minimum back will mean the card takes longer to pay off - if stoozing, you would run it differently to increase balance on the high interest bank/savings account.




Successfully applied. I'm keeping this
Edited by: "Lyrrad" 19th Jul 2015

I didn't know it was called stoozing but I have been doing that for years. Currently have a Amex card with most of the £9k credit limit used on 0% with the money to pay it off in my 123 account earning 3% gross. I also have earns £100 cash back from Amex on that spend. I usually have 2 cards on the go but you must be disciplined. I use the cards for every purchase and just update a spreadsheet on my phone and move the money into the relevant savings account each time. Takes a few seconds. Free money for me. Yay

can anyone share the quidoco like can't seem to find it on there. thanks

Rikachu

Don't wanna have too many credit cards in one go.Already have the tesco … Don't wanna have too many credit cards in one go.Already have the tesco one for balance transfers, but this post office one has 0% on travel money which is great for an upcoming family holiday.Just started looking around, so still need to take a look at Amex though.



Have you tried Halifax's Clarity Credit Card? It has no fee for cash withdrawals abroad and gives a better exchange rate. Also if you spend £300 per month then it gives £5 credit in the following month (which is equivalent of 1.67% cashback).

Edited by: "AstalaVista" 19th Jul 2015
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