Martin Lewis explains that cards are not obliged to take cash in this article. They can insist on cards.
Banks are planning to increase the cost of credit card borrowing in run-up to Christmas. See the full story here.
Read this article where Martin Lewis explains that purchases made with PayPal may not have the same Section 75 ‘money back’ protection as credit cards.
The FCA have yet again changed the rules around credit cards which will inevitably lead to a spike in interest rates. See the full story here.
FICO, who monitor credit card usage, are warning of difficulties ahead as credit card usage increases in June and July in this article.
Challenger will be closing down its Credit Card range in November. See the full story here.
Monzo is making significant changes to its account. For the full story, click here.
The country is in the deepest recession on record. So, “Now is the time to stop spending on your credit card bill and clear any debts you may have”. See the full story here.
Barclaycard has apologised to customers after admitting it may have set credit limits too high in this article.
Martin Lewis urges people who need to transfer credit card balances to help in clearing their debt do it now as the deals look like they’re ending soon in this article.