Post Office to enter current account market - Banking - News - Moneyfacts

News

Post Office to enter current account market

Post Office to enter current account market

Category: Banking

Updated: 11/04/2013
First Published: 11/04/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The Post Office has announced it will be launching a current account this spring, broadening its range of personal finance products even further.

The account will initially be available in a small number of Post Office branches, before becoming more widely available next year.

Details of the account are yet to be issued, although the provider indicated that the product will deliver simplicity, transparency and value for money to its customers following "extensive" research into the current account market.

Describing the launch of the deal as "a further statement of its ambitions", the director of financial services at the Post Office, Nick Kennett, said: "This is very exciting news for the Post Office and we are absolutely delighted to announce that we are going to launch a current account.

"The Post Office is undertaking a significant transformation, providing more and more essential services to our customers across mails, government and financial services."


What next?

Find out how to choose the best bank account by reading our guides to help you open and manage your bank account.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Simple measures to improve banking security

The payments industry is gearing up for some big changes in the near-future, with the announcement of some key improvements that should help all of us be more secure when banking online.

Top cashback deals for festive rewards

Savvy shoppers will no doubt be looking to make the most of their hard-earned cash at this time of year, but there isn’t much time left to work out which are the good deals and which are the bad, so it’s time to take action!

Top cashback deals for festive rewards

Savvy shoppers will no doubt be looking to make the most of their hard-earned cash at this time of year, but there isn’t much time left to work out which are the good deals and which are the bad, so it’s time to take action!
 
Close