Chancellor Hoping To Increase Contactless Limit to £100
Rishi Sunak is considering raising the limit on contactless payments from £45 to £100. Full story here.
Tag: credit card
Barclaycard Increasing Minimum Credit Card Payments in 2021
Barclaycard are planning to increase their minimum payment on their credit cards in January 2021. Full story here.
Money Expert Suggests There Are Only Two Reasons To Use A Credit Card
Read this article where Emmanuel Asuquo, the financial advisor and TV money expert, suggest there are only two reasons to use a credit card.
Got a Mastercard? You Could Be In For Up To £300!
Read this story about Mastercard who could be paying their customers up to £300 as a result of a court verdict finding them guilty of charging excessive transaction fees.
Barclaycard to Hike Minimum Payments in January
Read this story about plans by Barclaycard to increase the minimum payments for their cards in January 2021.
Are Shops Obliged To Take Cash?
Martin Lewis explains that cards are not obliged to take cash in this article. They can insist on cards.
UK Banks Are Planning Credit Card Cost Hike
Banks are planning to increase the cost of credit card borrowing in run-up to Christmas. See the full story here.
Martin Lewis Warning About PayPal
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.
Financial Conduct Authority (FCA) Changes To Cause Credit Card APRs To Rise
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.
Early Signs of Deterioration for Credit Cards as Payment Holidays Come To An End
FICO, who monitor credit card usage, are warning of difficulties ahead as credit card usage increases in June and July in this article.