Useful for people who don’t have a bank account, the Post Office® card account is specifically for receiving Pensions, benefits and tax credit
- No overdraft and no charges
- No credit checks
- Take cash out and check your balance
How it works
Firstly, you’ll need to contact the Government Department that pays your pension benefits or tax credits and ask about opening a card account.
Once a card account has been opened payments from the relevant Government Department will be credited to the account. You'll be able to take your cash out or check your balance at any Post Office branch.
You can't go overdrawn as there is no overdraft facility on the card account.
If you need someone else to collect your money for you, you can also ask for a second card
For information about pensions, tax credits or benefits being paid into a bank or building society account please visit GOV.UK.
Post Office card account is offered by J.P. Morgan Europe Ltd.