Banking

TSB customers have wrongly received texts saying they don't have enough money to make payments and that they need to pay cash into their account that same day, MoneySavingExpert.com can reveal.

Lloyds, Halifax and Bank of Scotland have been rapped by the competition watchdog for failing to send out the correct information to thousands of customers who had PPI policies.

Nationwide is to lower the maximum age covered by its packaged bank account travel insurance from 75 to 70, while raising the surcharge paid by older customers from £50 to £65. 

Tesco Bank has been fined £16.4 million by the financial regulator after failing to protect customers from a "largely avoidable" cyber-attack in November 2016.

If you've set up a direct debit to pay off your Lloyds, Halifax or Bank of Scotland credit card and then make a one-off additional payment, your direct debit now WON'T be adjusted – so make sure you don't overpay.

Both TSB and HSBC have reported problems with their apps this morning on what is payday for many.

People who are tricked into transferring money to a fraudster may be able to get their cash back under proposed new rules – and several major banks are to start reimbursing victims straight away.

Scammers stole more than £500 million from UK bank customers in the first half of 2018, the equivalent of around £2.75 million a day.

MoneySavingExpert.com founder Martin Lewis has hit out at comments from Barclays chairman John McFarlane, who claimed in a newspaper interview this weekend that the PPI scandal has turned "portions of Britain into fraudsters."

Sainsbury's Bank credit card-holders have been hit with late payment fees after the bank changed its direct debit procedure and gave customers incorrect information about how the new system worked, MoneySavingExpert.com can reveal.