MSE News

Cards

Almost 80% of retail sales paid for by card

Shoppers paid for almost £300 billion of purchases on their credit and debit cards last year, according to data from the British Retail Consortium, while just £78 billion of purchases were paid for in cash

19 September 2019

Barclaycard cans free overseas spending on top-pick Platinum Cashback Plus card

Customers who apply for the Barclaycard Platinum Cashback Plus card from today will pay a fee every time they buy something or withdraw cash overseas - but if you've already got the card you'll continue to be able to use it for free abroad

27 June 2019

Barclaycard customers sent credit cards which don't work

Barclaycard customers have been left in the lurch after the firm sent out a malfunctioning batch of credit cards, MoneySavingExpert.com can reveal

30 May 2019

Amazon slashes credit card rewards bonuses

Amazon has cut the points its Platinum Mastercard offers for non-Amazon purchases - you'll now get just 0.5 points for every £2 you spend at other retailers, which is half as many as before

2 May 2019

Appeal court revives £14 billion Mastercard class action

A lawsuit against Mastercard - which aims to see 46 million consumers each receive £100s in compensation - has been revived after a court granted permission to appeal a decision to dismiss the case

16 April 2019

Got a prepaid Mastercard? You won't be offered rip-off currency conversions from this week

We've long warned travellers to pay in the local currency rather than pounds to avoid hideous exchange rates - and from Friday, if you've a Mastercard prepaid card you won't be offered transactions in pounds at all

8 April 2019

Saga gives Platinum cardholders last-minute lifeline on outstanding balances

Over-50s financial provider Saga is to throw a last-minute lifeline to Platinum credit cardholders who've yet to settle outstanding balances ahead of the card's closure next week, MoneySavingExpert.com can reveal - after leaving customers in limbo for two months

20 March 2019

Contactless card security flaw largely fixed, in win for MSE's two-year campaign

The financial regulator has said that "almost all" contactless transactions from the two biggest card schemes are now processed 'online' in order to combat a security flaw which meant crooks could use cards months after they'd been cancelled

29 January 2019

Guest comment: How the financial regulator's tackled contactless card fraud

The FCA’s Christopher Woolard gives an update on the regulator’s work to protect consumers from contactless card fraud - and what you can do if you think you’ve been targeted

29 January 2019

Saga to axe Platinum travel credit card

Over-50s financial provider Saga has announced it's closing its Platinum credit card in March, and customers have been told any outstanding balance will be "due and owing in full at that point". If you can't pay it off by then, your debt may be transferred but your interest rate could rise - here's what we know so far

16 January 2019

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