MoneySavingExpert News

January

Contactless card payment limit could rise to £100 under new plans

Shoppers could see the contactless card payment limit rise from £45 to £100 under new rules being considered by the financial watchdog

27 January 2021

Thousands of TSB customers complain they're locked out of app and online banking

Thousands of TSB customers have complained about problems accessing the bank's app and online banking services today with many saying they've been locked out of accounts

26 January 2021

Barclaycard increases minimum credit card repayments as major shake-up kicks in

Some Barclaycard customers could see the minimum monthly payment on their credit card jump sharply – in some cases by more than 50% – as part of a major overhaul that kicks in today. Higher repayments mean you clear debt quicker and pay less interest overall, but it can hit cashflow. Fees for UK cash withdrawals and busting credit limits have also been scrapped, plus a block on gambling introduced

26 January 2021

HMRC to waive late payment fines for those who file self-assessment tax returns by 28 February

People who need to complete a self-assessment tax return won't be fined if they file online by 28 February – a month after the original deadline of 31 January. But penalties will still be levied if you don't pay your tax bill by this month's deadline as planned

25 January 2021

Debenhams to close all 118 UK stores for good as Boohoo buys brand and website - what it means for shoppers

Debenhams is set to disappear from the high street with all 118 of its remaining UK branches to close for good as online fashion retailer Boohoo buys the brand and website for £55 million. Here's what the move means for shoppers, including those with gift cards

25 January 2021

DPD Local and DPD voted top parcel delivery firms, while CitySprint and Yodel are bottom of the pile

DPD Local has been ranked as the best parcel delivery firm in our annual poll of MoneySavingExpert users, with sister firm DPD coming second. But at the other end of the scale, CitySprint and Yodel got the poorest ratings from MoneySavers.

25 January 2021

Nectar cardholders can now convert points to Avios - here's how

Nectar cardholders will be able to exchange loyalty points for Avios from next week, which they can then use to get travel-related perks. It comes after Avios ended a similar partnership with Tesco's Clubcard scheme earlier this week

25 January 2021

HMRC to waive fines for people who file late tax returns due to coronavirus – but you'll still be fined for late payment

Those who need to file their self-assessment tax return may be able to avoid a penalty fee if they miss this month's deadline due to coronavirus

25 January 2021

Exclusive: Martin Lewis video - self-employment grant 4 announcement won’t happen till March

Martin has had confirmation that no official announcement on 4th Self-Employment Income Support Scheme will come until the March Budget - more than a month after the grant period starts.

22 January 2021

Martin Lewis helps mum clear £30,000 debts - here's how she did it

Martin Lewis has helped a struggling mum to clear £30,000 in debt with the help of his tips - and if you're struggling with debt, here's how you can cut your costs and do the same

22 January 2021