MoneySavingExpert News
June 2024
Barclays has become the latest major lender to reduce the amount of time its mortgage customers have to lock in a new rate ahead of their current deal ending, joining four other high street banks. The changes mean you've less time to insure yourself against rates rising before your existing mortgage comes to an end – though rates have been on a downward trajectory for the past few months.
23 September 2024
Online marketplace eBay will stop accepting American Express ('Amex') cards as a direct payment method from today (Saturday 17 August). You'll still be able to use your Amex on eBay by going through PayPal – but be wary of doing this with large purchases, as you may lose valuable Section 75 protection.
17 August 2024
If you're a Lloyds, Halifax or Bank of Scotland customer, the interest rate you're charged for using your overdraft could be going up from today (Friday 2 August). The Lloyds Banking Group, which owns all three brands, says most customers will be charged the same or less after its shake-up – but others will pay more, and some Club Lloyds customers will see their rate nearly double, from 27.5% to 49.9%.
2 August 2024
EDF Energy has launched a new tariff tapping into the anger about the high level of standing charges set by regulator Ofgem under its Price Cap. The new EDF Ensure* tracker tariff is effectively a discounted version of the Price Cap that will be £50 cheaper over the year – and it does this by lowering standing charges, not unit rates.
27 June 2024
Child Benefit claimants are starting to receive redress from HM Revenue and Customs (HMRC) after their payments were delayed earlier this month due to a "processing error". If you're one of around 577,000 people affected and you were left out of pocket or suffered distress, we've step-by-step guidance on how to complain below – and it's not too late to do so.
25 June 2024
Suggest a story
Got a money-related news story that affects you? Email us