Post Office travel money card - opportunity

[pabenny]

Post Office travel money is a prepaid MasterCard that you can load with GBP or major foreign currencies. There are no transaction fees except for cash withdrawals. Minimum top up is £50 with a fee of 1.5%/min £3 if your card is denominated in GBP.

Q currently have £15 cashback (£8.20 here, £8 at TCB). There is a reasonable arbitrage opportunity – Top up with £50 at a cost of £53, and get cash back of £15. Gain £12 (or £5.20 here).

[AAAlphaThunder]

I'm in.

[blythburgh]

I take it that you can use it at any place online or off line. I get them at some paid for action sites but send the money to paypal. A bit of a convoluted thing to explain how so will not bore you all here.

[pabenny]

AFAIK it's a standard pre-paid MasterCard that can be used anywhere.

[AAAlphaThunder]

AFAIK it's a standard pre-paid MasterCard that can be used anywhere.

Make sure you use up all of the balance before it expires.

[pabenny]

Q cashback now reduced to £10

[im182044]

Just used it with the quidco £5 bonus