Card account saved

I have been campaigning hard to persuade Ministers to intervene to Save the Post Office Card Account. I am delighted that James Purnell the Secretary of State for Work and Pensions today announced that the Post Office will keep the card account. This is a victory for common sense and a welcome sign that the Government is listening to the public and to its backbench MPs.

I signed two Early day Motions one of which said “That this House understands and values the special position that post offices hold in society; believes that the Post Office card account, which is used by four million people to collect pensions and benefits, is essential to the future of many post offices and that, according to the Treasury Select Committee, around 3,000 more post offices may close if the account is removed from them; and calls on the Government to make a decision to keep the card account with the Post Office as a matter of urgency.”

Another said “That this House notes that over four million people chose to use the Post Office Card Account (POCA) and that these transactions earn the Post Office £200 million each year; is aware that the Government will soon announce its decision on which company shall operate the successor product to the POCA from 2010; recognises that the Post Office is best placed to provide this service because of its unrivalled geographical reach, its status as a trusted brand and its ability to offer customers a seamless transition; believes that retaining the successor of the POCA as a Post Office product is essential to the viability of the Post Office network following the Network Change Programme; and in this context urges the Government to award the successor product to the Post Office.”

posted 14 November 2008


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