Credit cards

Elderly people are being targeted by a telephone scam that the police say in some cases involves a fraudster allegedly pretending to be MoneySavingExpert's Martin Lewis. We NEVER make cold calls asking for your financial information – here's what's happened and what to watch out for.

M&S is to become the latest in a string of credit card providers to cut its reward points offering, more than halving the points you get when spending outside M&S itself later this month.

A data breach at an unidentified online retailer could have led to credit card users having their account details "compromised", MoneySavingExpert has learned. Tesco Bank has already cancelled some of its customers' cards as a precaution and users of cards from other companies are likely to be affected.

From today, Barclaycard's 10.5 million customers can access their credit scores for free via Experian, while Tesco Bank customers with its Foundation credit card can do the same from this week via reference agency Noddle.

The UK's largest credit reference agency Experian has changed the way it calculates people's credit scores – meaning many scores suddenly dropped or increased overnight. We've had many people contact us about this, yet the big picture is you don't need to worry – this doesn't impact how lenders will assess you.

Over 10 million Barclaycard credit card customers will have their interest rates linked to the Bank of England base rate from February next year, while the same is also happening for some Lloyds Banking Group customers.

Nationwide debit and credit card customers can now earn between 1% and 35% cashback both in-store and online at selected retailers, bars, restaurants, travel, and accommodation websites.

The financial watchdog says competition in the credit card market is working fairly well for most consumers, although it has expressed concerns about the scale of potentially problematic credit card debt and claimed more could be done to help struggling borrowers.