The old credit card waterbed is back in action. Just as new rules come in that press down on excessive interest payments in one place, we start to see charges popping up elsewhere and penalty rules tightening.
Paying by card is convenient for the punter and means less cash on site for the retailer – quids in, so to speak. But what if you get ripped off – or ‘shoulder surfed’ – and unwittingly give your PIN away?
In a competitive credit market with plenty of good deals around, card companies rely on customer loyalty to keep profits healthy. But when things go wrong, why aren’t they there to help you with the right advice?
A good credit score can make the difference between being accepted or rejected for a credit card or mortgage. But what happens when the credit reference agency makes a mistake and gives out an incorrect record?
Banks are apparently forcing so-called ‘contactless’ cards on customers. These let shoppers spend with a simple swipe, but is this actually how we want to squander our money – and are banks downplaying the risks?
What are your children up to online? Chatting on Facebook? Researching for their homework? How about using your bank cards to buy stuff on the internet? If so, your kids are putting you at risk of fraud.
How much do you use cash when you’re out and about? As debit card spending overtakes cash for the first time, it’s looking possible that we might one day live in a society free of notes and coins.
With Nationwide increasing its overseas charges and pre-paid cards still being hit by additional fees, paying to take your money out abroad can be expensive. Shouldn’t banks do more to help travellers?
It’s official – cheques are going out of fashion and plans are in place to wipe them out completely by 2018. However, one MP is arguing that the elderly still depend on them, so do they still have their place in society?
While young people are responsible for their own finances, we’ve made it too easy for them to borrow – and, in some cases, too difficult for them not to. So is it really their fault for getting into debt?
If you’ve tried to buy tickets for a festival, football match or concert, there’s a fair chance you’ve been scammed. Now fraudsters help victims get money back from credit card companies in a bid not to be reported.
Credit card fees and charges are like a waterbed – press down in one area and they pop up somewhere else. Make sure you know the sneaky tricks credit card companies use to make profit from their customers.
Extra charges to make payments by card are never welcome, but do you expect your local council to charge you more? Sadly, we found many are doing just that.
If you’re one of the lucky ones heading off to uni this Autumn, it’ll pay to keep your cash in check. Look no further – here’s everything you need to know from our student money expert.