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Read the latest press releases,news and events from Capital One.

2019 Press Releases

Post Office launches two new credit cards in partnership with Capital One.

5th November 2019

  • New credit cards available from today in partnership with Capital One
  • Classic Card can offer 0% interest purchase and Balance Transfer rates for up to 18 months
  • Travel Card offers no foreign exchange fees when you spend abroad

Post Office has today announced the launch of two new credit cards with its partner Capital One - who has over 20 years of lending experience and industry leading underwriting, technology and digital capability.

Post Office and Capital One created the partnership through their shared commitment to financial inclusion and providing transparency for customers.

Through this new partnership, Post Office and Capital One will be offering credit cards to meet a broad range of customer needs; from those who need the extra security and protection offered by paying with a credit card, to those who are looking to build a sound credit history to support other life goals.

Customers can apply for the new credit cards online at: https://www.postoffice.co.uk/credit-cards.

Travel Card

  • No annual fee
  • Purchase notifications and alerts to help keep your finances on track
  • No foreign exchange fees when you spend abroad
  • QuickCheck - gives all applicants 100% 'yes' or 'no' before they apply*, and certainty on APR
  • 24.9% APR Representative Variable
  • APRs of 19.9% APR and 24.9% APR variable (depending on individual circumstances)

Classic Card

  • No annual fee
  • Purchase notifications and alerts to help keep your finances on track
  • QuickCheck - gives all applicants 100% 'yes' or 'no' before they apply*, certainty on APR, and on any Balance Transfer and 0% Purchase lengths
  • 34.9% APR Representative Variable
  • A range of APRs is available from 19.9% APR to 34.9% APR variable (depending on individual circumstances)

Owen Woodley, CEO of Post Office Financial Services and Telecoms, said:

"We're delighted to be launching these two new credit cards through our new partnership with Capital One, one of the UK's leading credit card providers. These cards have been developed to meet the needs of a diverse range of customers. With benefits such as no foreign exchange fees when you spend abroad and an app to help people manage their finances, we are sure customers will be delighted with the new offer."

Amy Lenander, Capital One UK's Chief Executive Officer, said

"Capital One is thrilled to be working with the Post Office in our new partnership, founded on a strong alignment of shared values and a commitment to financial inclusion. We designed these new products together and they have simplicity and supporting customers at their heart."

*Subject to fraud and anti-money laundering checks