Millions of Tesco credit card users face a huge drop in the number points they collect when spending, with some set to see their benefits culled to just a quarter of their current value.
Virgin Money has boosted its credit card range today, launching a limited-time offer for customers taking out new cards to get a free case of wine worth £50.
RBS customers are the latest to lose out from a forthcoming cap on the fees card firms charge retailers to process transactions, as the provider has revealed it's scrapping its YourPoints credit card reward scheme.
Capital One has become the first major provider to reveal it's axing cashback for some of its cardholders from 1 June as a result of a forthcoming cap on on the fees card firms charge retailers to process transactions, which fund cashback deals.
New European proposals aimed at cutting the cost of using debit and credit cards have been announced, but it's too early to say whether shoppers will benefit or lose out from the move.
The Government has confirmed it will ban excessive charges for using credit and debit cards and has launched a consultation on how to implement these plans.
3 September 2012
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