Bute MP seeks urgent action on Post Office bank account

The Post Office card account is used by around 2.5 million people across the United Kingdom to receive benefit payments, pensions and tax credits.
The Post Office card account is used by around 2.5 million people across the United Kingdom to receive benefit payments, pensions and tax credits.

Bute’s Westminster MP Alan Reid has urged the UK coalition government to act quickly to set up a Post Office bank account to succeed the current card account contract when it runs out in the spring.

Mr Reid raised his concerns in the House of Commons this week, calling on the Department of Work and Pensions to make an urgent statement on its intentions before the DWP’s present contract with the Post Office runs out at the end of March.

William Hague MP, the Leader of the House, told Mr Reid: “No decision has yet been made on the future of the Post Office card account contract, but discussions are taking place between DWP, Post Office Ltd and the Department for Business, Innovation and Skills, considering the future needs of customers beyond 2015. Further announcements will be made once a decision has been reached.

After the exchange Mr Reid commented: “Millions of people collect their benefits and pension from their local post office using a Post Office Card Account.

“I have been arguing for a post office bank account with more facilities to be in place when the present contract expires at the end of March. Time is running out and I will continue to put pressure on the Department for Work and Pensions to get an account with more facilities in place in time to take over from the Post Office Card Account.

“This would be of great benefit to both the Post Office and their millions of customers.”