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MoneySavingExpert News

February 2021

Martin Lewis has warned pension savers they could lose £1,000s, or even £10,000s, from their pension by falling foul of a trap that sees withdrawals taxed. Watch the full pensions special episode of The Martin Lewis Money Show on the ITV Hub.
19 February 2021
Three and Vodafone customers will be hit with price hikes of up to 4.5% over the next few months, the telecoms providers have confirmed. But only those who are out of contract can cancel penalty-free. 
18 February 2021
Millions of EDF, Eon, Npower and Scottish Power customers will see energy bills hiked by £96/yr on average from 1 April. All four firms are raising prices by the maximum allowed under the new energy price cap announced earlier in February. But most households can beat the hikes and save £200/yr by switching to a cheaper deal. 
18 February 2021
If you've got a prepaid travel card you may be hit with a £2 monthly fee if you haven't used it in over a year, which could impact many given the coronavirus pandemic has largely scuppered travel plans since March 2020. Here's what to watch out for and what you can do to avoid being hit by charges.
17 February 2021
Around 2.3 million British Gas customers on standard tariffs will see gas and electricity bills jump by a typical £97/yr from April, after it announced it's raising prices by the maximum allowed under the new price cap. But most can beat the hikes and save £200/yr by switching to a cheaper deal. 
16 February 2021
Tesco has mistakenly double-charged shoppers at stores across the UK in recent days, MoneySavingExpert.com can reveal, due to a "technical error" which may have resulted in 1,000s of card payments being taken twice. Tesco says it's working to reverse duplicate transactions, but we've full help below on how to check if you've been overcharged and what to do if you have been.
16 February 2021
A ban on bailiff evictions in England, which was introduced at the start of the coronavirus pandemic, has been extended for another six weeks until 31 March 2021.
15 February 2021
A new loyalty scheme called 'Virgin Red' has launched this month, which allows shoppers to earn points on spending at Virgin brands and major high street retailers, such as Boots and M&S. However, you're limited to spending points at Virgin brands and at a small number of retailers and charities. 
15 February 2021
Former customers of defunct gas and electricity supplier Yorkshire Energy have vented their anger at new supplier Scottish Power over delays in issuing credit refunds, with some saying they've now waited two months to get their money back. Some are even still waiting to be transferred over. Here's the latest on what's happening and what your rights are. 
12 February 2021
O2 has refunded 140,000 customers after they overpaid bills to the combined tune of £2.4 million. But if you think you're affected and haven't heard from O2 - get in touch. Here's what you need to know. 
12 February 2021

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