MoneySavingExpert News
Banking

Financial regulator to punish banks and building societies that don't protect people's access to cash
Under the new 'Financial Services and Markets Bill' banks and building societies will have to ensure cash withdrawal and deposit facilities are available to customers in communities across the UK.
19 May 2022

Lloyds Banking Group to shut another 20 Lloyds branches and eight Halifax outlets - here's what's happening
Lloyds Banking Group has announced a further round of branch closures, with 28 more outlets being shut across the UK between August and November this year. The closures are made up of 20 Lloyds Bank branches and eight Halifax outlets.
18 May 2022

U Account axes prepaid card service from today – here's what you need to know
U Account holders can no longer access their accounts or use their prepaid cards to spend or withdraw cash as the digital bank closed the service from midday today (3 May).
3 May 2022

Almost 200,000 current accounts switched during first three months of the year – here are the best deals, including £150 from First Direct
Almost 200,000 current accounts were switched during the first three months of the year, up two-fifths on the same period in 2021. In total, eight million current account switches have taken place since the free Current Account Switch Service was launched in 2013.
28 April 2022

Santander to slash opening hours at hundreds of branches - here's what you need to know
Santander is to shorten its opening hours on both weekdays and weekends at hundreds of branches across the UK for those who walk-in without a pre-booked appointment.
21 April 2022

Get tax credits or child benefit paid into a Post Office card account? Set up an alternative account now or your payments will stop
Around 6,600 people who get tax credits, child benefit or guardian's allowance paid into a Post Office card account need to take action urgently as HMRC will stop making payments into these accounts after 5 April.
28 March 2022

Check pockets and purses for paper £20 and £50 notes as there are millions of them still around – and you'll soon no longer be able to use them
Time to check down the back of your sofas for any soon-to-be-discontinued paper £20 and £50 notes as the latest figures from the Bank of England show there’s £17.6 billion-worth still floating around. But be quick as there are only a few months left before they become invalid.
25 March 2022

Barclays takes the axe to current account rewards scheme meaning 100,000s could earn NOTHING
Barclays is hiking its monthly Blue Rewards membership fee for hundreds of thousands of customers from March next year.
22 March 2022

TSB customers 'left without cash' after duplicate payment error - here's what you need to know
TSB customers complain that they've been left struggling to pay for food and bills after payments have been wrongly taken twice today (15 March). The bank said it is working to fix the issue, adding that it will refund any duplicate payments taken.
16 March 2022

Beware NHS Covid pass fraud - one MoneySaver was scammed out of £25,000 though he got his money back after MSE intervened
A grandfather of two, who was tricked out of £25,000 by fraudsters purporting to offer NHS Covid passes, has got his life savings back after MoneySavingExpert.com intervened.
27 January 2022
18 May 2022
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12 ways to save only do with apps
Free chocs, 1.5% savings and more
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Martin: 'Aged around 45 to 70?'
'You may be able to turn £800 into £5,500+'
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New. Top way to spend abroad
Unbeatable exchange rates and cashback
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10% off discount 'best-before' store
Eg, 23p Pepsi , £4,50 for 1kg Lindt
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Cheaper energy deals kiboshed
Martin not exactly impressed
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Lloyds' free £125 bank bribe
But others pay more
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Debt cost-cutting masterclass
Mortgages, cards, overdrafts, loans...
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£17 million of unspent Tesco Clubcard vouchers will expire this month, but there’s a trick to extend them – here’s how
20 May 2022Some £17 million worth of unused Tesco Clubcard vouchers are set to expire at the end of the month. Use your vouchers now if you can but if not, there is a trick to extend them online. We explain how it works below. -
Millions of 4G smartphone owners may be due up to £30 payout after claims handset prices were inflated
20 May 2022Around 29 million 4G Apple and Samsung smartphone owners in the UK could be entitled to a payout of up to £30 if a collective action case by Which? is successful - although there are no guarantees. It comes after the consumer group claimed inflated manufacturing costs were passed onto consumers -
Boots and Co-op hike meal deal prices - here's how they compare to other major supermarkets
19 May 2022Boots and Co-op are the latest retailers to increase the price of their meal deals. Boots has upped costs from £3.39 to £3.59, and from £3.99 to £4.19 in its London shops, while Co-op's meal deal has jumped from £3.50 to £3.75. -
Financial regulator to punish banks and building societies that don't protect people's access to cash
19 May 2022Under the new 'Financial Services and Markets Bill' banks and building societies will have to ensure cash withdrawal and deposit facilities are available to customers in communities across the UK. -
Two MoneySavers reclaim £1,000+: How to check and challenge incorrect water bills if you use a soakaway or septic tank
19 May 2022Two MoneySavingExpert.com users have secured refunds and compensation worth thousands - and reduced their waste water bills - after arguing their bills should have been lower as their homes aren't connected to public sewers. Here's how others in England and Wales can maybe do the same.
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Martin Lewis: 'UO is just as important as UX: A tip for anyone developing their website or app'
6 May 2022I set up MoneySavingExpert.com nearly 20 years ago – when arguably the modern web was still in its infancy. With an abundance of self-belief (something I had too much of then, as I realise now) I decided not to read any books, or follow prevailing wisdom on how a site should operate – and just do it my way. -
Martin Lewis: Got a cash ISA? You should probably ditch it
3 May 2022Press the rewind button and go way back to April 2015... Possibly on the telly in the corner of your living room, I was on-air at the time urging savers as usual to use their new tax-free cash ISA allowance – because 'money was nicer in an ISA'. But things changed in 2016. -
Martin Lewis: Money and Mental Health charity 2021/22 – Covid & cost of living hell...
26 April 2022It's hard to believe the Money and Mental Health Policy Institute (MMHPI) charity is now six years old. As the chair of trustees, each year I write the foreword to its annual report – and today the 2021/22 report is out, so I thought I'd blog my formal chair's foreword here. -
Martin Lewis: What happened to my pledge to give £10m to charity – 2022 update (spoiler: it's now £20m)
11 April 2022Nearly a decade ago, in June 2012, MSE joined the MSM Group and I pledged £10m to go to charity. As that was a public pledge and I feel I've a duty of transparency, every year or two I bash out a blog report to explain where I'm up to, and who's got what money.