0% on Credit Card Purchases for 27 months - longest ever free fee spending card on Matched Credit Card + TCB / Quidco @ Post Office Money
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0% on Credit Card Purchases for 27 months - longest ever free fee spending card on Matched Credit Card + TCB / Quidco @ Post Office Money

44
Found 13th Dec 2015
Post Office Money Matched Credit Card is offering a market leading 0% on all purchases for the first 27 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 27 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
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44 Comments
Original Poster
Please note - ******A transaction must be made within 3 months of account opening to qualify for 0% for the first 27 months otherwise a purchase period of 0% for the first 16 months will apply******
Original Poster
Previously the only way to know if you’d be accepted for a credit card was to apply, but that left a mark on your credit file that could be seen by lenders impacting your ability to get future credit. The eligibility calculator matches your information from a ‘soft search’ enquiry (that lenders never see), to a wish-list from lenders to tell you your percentage chances of getting different credit cards.

moneysavingexpert.com/eli…ds/
Not bad
good deal if you are responsible user of credit. I put all my spending on 0% cards and keep the cash in a high interest account such as Nationwide. once the 0% period ends I either flip the debt on to a 0% balance transfer card or pay it off.
What does it mean by "matched credit card?"
I believe that this is also foreign exchange fee free...
muffboy

What does it mean by "matched credit card?"


The "Matched Credit Card" is simply the Post Office (kind of) Brand Name for their Credit Card...... It doesn't actually have a 'meaning per sai'.....

The main 'Pros' for this credit card is that it has the longest 0% on purchases deal on the market and doesn't charge a cash fee for Post Office travel money

By and large the main 'Cons' are that, although it offers a reasonable length 0% balance transfer deal, the balance transfer fee isn't competitive.
:-)

Purrrrrrr
Original Poster
muffboy

What does it mean by "matched credit card?"


Name of the card I believe
Awesome. Know a few family members who will benefit from this.
I want to help a friend of mine in need to rent a house. In order to make it much easier over the competition I want to offer the agent 3 months rent in advance, I know an estate agent so I'm looking at the most cost effective way to borrow £2,000 or so. I'm thinking this deal could be very useful.
Well im not happy, checked my Experian score weeks ago and it was good with no issues and theres **** refused me..
just be warned I applied for this about 3 weeks ago and I'm still waiting for them to get back to me after providing all forms of ID
cliosport65

Previously the only way to know if you’d be accepted for a credit card w … Previously the only way to know if you’d be accepted for a credit card was to apply, but that left a mark on your credit file that could be seen by lenders impacting your ability to get future credit. The eligibility calculator matches your information from a ‘soft search’ enquiry (that lenders never see), to a wish-list from lenders to tell you your percentage chances of getting different credit cards.https://www.moneysavingexpert.com/eligibility/credit-cards/


for some reason this one comes up as 'no criteria to search' or something along them lines. always has for me.
Edited by: "chuckley" 13th Dec 2015
Post office credit cards are notorious for being 'selective' of customers based on no particular criteria.
I got approved instantly, but its the lowest credit limit I've ever had from a credit card! Weird!!
manicmidlander

good deal if you are responsible user of credit. I put all my spending on … good deal if you are responsible user of credit. I put all my spending on 0% cards and keep the cash in a high interest account such as Nationwide. once the 0% period ends I either flip the debt on to a 0% balance transfer card or pay it off.




Wish I could be this responsible, people like yourself amaze me and I am very envious.

I could never get this card, I'd be in serious debt in 27 months.
What type of card is this? Visa, MasterCard etc?
Mastercard bud
fishmaster

I want to help a friend of mine in need to rent a house. In order to make … I want to help a friend of mine in need to rent a house. In order to make it much easier over the competition I want to offer the agent 3 months rent in advance, I know an estate agent so I'm looking at the most cost effective way to borrow £2,000 or so. I'm thinking this deal could be very useful.



Can you pay the agent with a credit card? If so this deal is the best 0% on purchases in the market

If the agent doesn't take credit card, you could look at a money transfer credit card where the money will go directly into your current account which you could then use for the rent advance. Typically only a few players in the money transfer market, best deal at the moment is Virgin 0% for 32 months with a 1.69% fee for money transfers via Moneysupermarket

moneysupermarket.com/cre…er/
Applied via quidco, immediately accepted, £1000 limit, 16 months balance transfer, 16 months 0% on purchases. Not what I expected, hope the quidco tracks.
Got an error page right at the end of the application after i pressed the final submit so don't know if I've applied or not!
Once had a Post Office credit card backed by Bank of Ireland.
For those of you with successful applications I hope that the customer services have improved.
bruce287

I got approved instantly, but its the lowest credit limit I've ever had … I got approved instantly, but its the lowest credit limit I've ever had from a credit card! Weird!!

How much?
Just one word of warning - get ready for the most retro online banking service you've seen for a while!

Excellent card and deal otherwise!
morgie

Just one word of warning - get ready for the most retro online banking … Just one word of warning - get ready for the most retro online banking service you've seen for a while!Excellent card and deal otherwise!



morgie

Just one word of warning - get ready for the most retro online banking … Just one word of warning - get ready for the most retro online banking service you've seen for a while!Excellent card and deal otherwise!


I have one and the app is very good now it has come out. I've never been able to get the online banking to work.
morgie

Just one word of warning - get ready for the most retro online banking … Just one word of warning - get ready for the most retro online banking service you've seen for a while!Excellent card and deal otherwise!

morgie

Just one word of warning - get ready for the most retro online banking … Just one word of warning - get ready for the most retro online banking service you've seen for a while!Excellent card and deal otherwise!



Ah yes, they've launched a new app - will take a look. The online site is still very retro.
Thanks
rsl1uk

Well im not happy, checked my Experian score weeks ago and it was good … Well im not happy, checked my Experian score weeks ago and it was good with no issues and theres **** refused me..



Post Office is notoriously bizarre in its awarding of credit,I wouldn't take it personally,they have refused most of the premier league in the past.
andy42350

Applied via quidco, immediately accepted, £1000 limit, 16 months balance … Applied via quidco, immediately accepted, £1000 limit, 16 months balance transfer, 16 months 0% on purchases. Not what I expected, hope the quidco tracks.



I got the same, albeit with a £2,200 limit.

Is the 27 months on purchases subject to status/application? Or is it promotionally applied if you make a purchase within 3 months?

Was looking at Credit Cards anyway. After checking my credit score, the only negative I had was not having a Credit Card - I know right?!
Edited by: "dchampx" 13th Dec 2015
3000 limit, only 16 months here
Is there anything like an eligibility checker?
Don't want to fill the application and end up saying my credit score is low
manicmidlander

good deal if you are responsible user of credit. I put all my spending on … good deal if you are responsible user of credit. I put all my spending on 0% cards and keep the cash in a high interest account such as Nationwide. once the 0% period ends I either flip the debt on to a 0% balance transfer card or pay it off.




Realistically how much interest do you make?

Lets say you have a 2.0% ISA and immediatly spend 5k. You'll only earn £116. Hardly worth it.
Great deal. Thanks!
benfisher1991

Realistically how much interest do you make? Lets say you have a 2.0% … Realistically how much interest do you make? Lets say you have a 2.0% ISA and immediatly spend 5k. You'll only earn £116. Hardly worth it.


I see your point but if somebody offered you £116 for free would you go "pah... it's not worth it ?" Using Lloyds, nationwide and TSB current account's I generally average about 3% after tax interest. I've got approx £10,000 on 0% cards so I get about £300 a year. It's not a massive amount but it's free money.
Original Poster
PhillWalker

3000 limit, only 16 months here



​you need to make a purchase within 3 months to activate the 27 months offer otherwise it will be 16 months
They sent me a letter with further requirements. One copy of documents from four lists seems ok but the last one, payslip or copy of job contract is too much for me. Just not willing to jump the hoop.
Received my card today, no further requirements was necessary.
Time to look for my first car, and start building up my credit score.
faustino

They sent me a letter with further requirements. One copy of documents … They sent me a letter with further requirements. One copy of documents from four lists seems ok but the last one, payslip or copy of job contract is too much for me. Just not willing to jump the hoop.



Requiring a payslip is fairly standard if they are doing checks
NO1FAN

Requiring a payslip is fairly standard if they are doing checks



I know but lost interest in it. Never had any problems with credit, Nationwide offered to raise my credit limit recently so just not too eager to waste my time on trips to post office etc while other get their cards immediately.
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