Avantcard has announced a partnership with An Post which will see it offering An Post branded personal loans and credits cards through the national post office network.
Earlier this year Avantcard acquired Tesco Bank’s Irish credit card portfolio, consisting of some 27,000 customer accounts which are currently transitioning over to the company.
In joining up with An Post, the two aim to develop and launch exciting new consumer finance propositions designed to make a real impact in the market.
“Avantcard is delighted to be partnering with An Post to offer personal loans and credit cards through the An Post network,” Head of Commercial and Partnerships at Avantcard, Jurgen Hutter said, speaking at the launch of the partnership.
“We are excited to bring to market a new offering for An Post customers and to be working with such a well-known and reputable Irish brand. The Avantcard team is looking forward to bringing this partnership to life in early 2019.”
An Post Financial Services Director, John Rice, welcomed the partnership and said that the deal can be “a key pillar of our Financial Services strategy”.
“Working with Avantcard, we’ll bring more choice and convenience to Irish consumers. A simple online application process will deliver loan decisions within hours with same-day access to money,” Rice said.
“Loans ranging from €5,000 - €75,000, credit card options and secure web facilities will make money management more convenient for customers. These two new products start to complete our financial services offering, building on our expanding banking, foreign currency and money transfer offerings.”
© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.