Advertisement

Post Office unveils new current accounts ahead of full roll-out

The Post Office has unveiled its three new current accounts in East Anglia, ahead of their nationalisation in 2014.

The Post Office has unveiled its three new current accounts in East Anglia, ahead of their nationalisation in 2014.

One of the accounts will be a fee-free, debit card style, a second with have additional "packaged" benefits for £8.0 a month, while the third 'control' account comes with a £5.0 monthly fee that is designed to help people steer clear of bank charges.

Advertisement - Article continues below

The accounts, which have been set up in conjunction with Bank of Ireland, will be fully rolled out next year.

The Post Office said customers are being given "choice, good value, fair and transparent products with no hidden charges, and access to the largest branch network in the UK".

It said the standard account is aimed at those needing a "free in-credit everyday banking".

Advertisement
Advertisement

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

What gold, bonds and tech stocks have in common
Stockmarkets

What gold, bonds and tech stocks have in common

"Risk off" or "safe haven" assets such as gold and government bonds have been doing well lately. But so have riskier tech stocks. That seems to defy c…
10 Jul 2020
An economics lesson from my barber
Inflation

An economics lesson from my barber

On reopening his shop after lockdown, Dominic Frisby’s barber doubled his prices. It’s all part of the post-Covid inflation process – and we’re going …
8 Jul 2020
Share tips of the week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
10 Jul 2020