The Post Office Cuts Costs for Travel Credit Card Customers

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2.5 % Cash advance fee waived on travel credit cards when purchasing foreign currency at Post Office branches

The Post Office is helping people cut back on holiday costs this summer, as customers using its 0% balance transfer credit card to purchase foreign currency in Post Office branches will not pay the standard 2.5% cash advance fee.

For those using their travel credit card to purchase travel money, the removal of the fee could make a noticeable difference to the overall cost - especially as other travel credit card providers charge up to 3% for this service.

This new benefit joins a range of advantages already offered by the Post Office travel credit card. The 0% balance transfer credit card is also one of the few credit cards not to add commission fees to any overseas purchases.

A further plus for anyone using their Post Office travel credit card to pick up their travel money in a Post Office is that they can take advantage of the Post Office's 0% commission service on their foreign currency too. Holidaymakers will find 29 best-selling currencies available on demand at 1,600 larger Post Office branches, and over 70 currencies can be pre-ordered at Post Office branches or online at postoffice.co.uk for home delivery or next day collection from any branch.

Post Office Head of Cards Az Alibhai said: "Our customers love the fact that we don't charge commission when they use their travel credit card overseas, so we are now saving them even more money by removing the cash advance fee when using their Post Office Credit Card to purchase great value travel money from the Post Office."

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