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.

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".

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

Most Popular

Why we won’t see a house-price crash in 2021
House prices

Why we won’t see a house-price crash in 2021

Lockdown sent house prices berserk as cooped up home-workers fled for bigger properties in the country. And while they won’t rise quite as much this y…
18 Jan 2021
Inflation is the easiest way out of this – just don’t expect politicians to admit it
Inflation

Inflation is the easiest way out of this – just don’t expect politicians to admit it

The UK government borrowed £34.1bn in December, a record amount for that month. Britain's debt pile now amounts to 100% of GDP. How are we going to pa…
22 Jan 2021
When will the US stockmarket bubble burst?
US stockmarkets

When will the US stockmarket bubble burst?

With US stocks more expensive than before the Wall Street crash of 1929, there are growing signs of “mania”. But what will push markets over the edge?
22 Jan 2021