The new Multi Currency Post Office Travel Money Card has proven to be a big hit with consumers with over 100,000 already sold in less than 3 months since launch.
Andrew Brown, Post Office Travel Money, said: “This week we launch our summer travel money in branch and online – the fact that we go into our peak travel period with already selling 100,000 new Multi Currently cards is a huge achievement. I want to say a big congratulations to all those people across the network who have helped make it a reality. With summer travel season upon us, I'm excited about what we can achieve as we continue to help customers get their travel sorted.”
Prepaid travel money cards are becoming ever more popular amongst holidaymakers due to the ease, convince and safety they offer and it’s fantastic to see the fantastic results of our colleagues hard work in communicating the benefits of the card to our customers both in branch and online.
Andrew added: “Most commonly we’ve seen that customers load a few hundred pounds on a card in branch after which they’ll top up themselves using the app. The good news for postmasters is they are remunerated for the initial card purchase, and all further top-ups whether they happen in store or via the app.”
The card is currently available through 5,000 branches and online through the Post Office website. Here's a reminder of what makes the new Travel Money Card so special:
- Holidaymakers can load their holiday money in advance throughout the year and when the rates are best
- The card can be used abroad just as you would a debit card, with contactless available in millions of locations worldwide
- One card lets customers load and spend in 13 currencies, so they can take it away time and again
- As the card is not linked to a bank account, there is no risk of overspending and no non-sterling transaction charges
- Balances can be monitored on the go via the Travel Money Card smart phone app.
Find out more about the card here.
Post Office will be reminding customers about services available through the Post Office. Read more about our summer travel campaign in Annabel's blog.