MoneySavingExpert News

Banking

Barclays to close Pingit app and services in June

Barclays is to close its Pingit payments app on 30 June, and related services including Pingit savings 'jars' and Pingit's wearable tech which allows you to make contactless payments will also be scrapped. If you use Pingit and are affected, we've full info below on exactly what's changing and what you need to do.

14 April 2021

M&S Bank customer? You can now bag £100+ switch bonuses from HSBC & First Direct no matter how long you’ve held your account

All M&S Bank customers can now switch to HSBC and First Direct regardless of how long they've been with M&S. M&S, which is closing all of its current accounts this summer, had previously said customers wouldn't be able to switch to its sister banks if they'd joined the group since 1 January 2018. But it's now U-turned on this decision.

26 March 2021

Santander to close 111 branches by August - here's the full list and where you can bank instead

Santander is to close 111 branches - around 20% of its 563 UK branches - by the end of August. The bank, which blames the move on customers increasingly switching online, says this will leave 452 UK branches. We've full info on which outlets are closing and what to do if your local branch is affected.

25 March 2021

New Welsh language version of MSE’s hit Open University 'Academoney' course launches

MoneySavingExpert.com's 'Academoney' course - prepared and written by the Open University - is going bilingual, giving Welsh-language speakers the skills and knowledge they need to master their money, in their choice of Welsh or English.

22 March 2021

M&S Bank to close all current accounts in August and shut in-store bank branches

M&S Bank is to close all of its current accounts from August, it's been announced. But customers with credit cards, loans and insurance customers are not impacted. Here's what's happening.

4 March 2021

Full Budget 2021 round-up: Furlough, stamp duty, income tax, universal credit & more

From extending furlough to increasing the contactless card payment limit, we round up the key announcements from Chancellor Rishi Sunak's Budget 2021

3 March 2021

Guarantor loan complaints overtake PPI for the first time in over a decade

Guarantor loans have overtaken Payment Protection Insurance (PPI) as the most complained about product that the Financial Ombudsman Service adjudicates on. It's the first time in more than a decade that PPI is not the most complained about financial product

3 March 2021

Budget 2021: Contactless payment limit to rise to £100

The contactless card payment limit will rise from £45 to £100, HM Treasury has confirmed. The news comes ahead of today's Budget, although Chancellor Rishi Sunak is expected to formally announce the shake-up in his speech

3 March 2021

Sainsbury's Bank starts offering credit cards to self-employed borrowers again after lifting coronavirus restrictions

Self-employed borrowers can once more take out credit cards with Sainsbury's Bank as it has reversed temporary coronavirus lending restrictions, which saw it stop issuing new credit cards to the self-employed. Here's what it means for you.

1 March 2021

Martin Lewis warns of a tax trap that could cost you £10,000s off your pension

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

19 February 2021