Credit cards

American Express Platinum Everyday and Platinum Cashback cardholders will see cashback rates slashed from 4 August, meaning some could earn £25/yr less on the same level of spending.

Up to 125,000 Tesco Bank credit card customers could see their minimum repayments rise by £20 a month on average from March, in a move the lender says is a bid to combat persistent debt. For many, higher repayments are a good thing, as you clear debt quicker and pay less overall, but it can also hit cashflow and give you less flexibility. Here's what's happening and what to do if you're struggling. 

Many Barclaycard customers will see their credit card minimum monthly payment jump – in some cases by 50%, or even more – as part of a major overhaul that comes into effect this week. For many, higher repayments are a good thing, as you clear debt quicker and pay less overall, but it can also hit cashflow and give you less flexibility. We've full help below on what you can do if you can't afford the increases. 

Virgin Money is axing its online services for credit card customers on 31 January, with borrowers encouraged to manage accounts using the provider's app instead. Here's what's happening and what you can do about it - particularly if you don't have a smartphone.  

Sainsbury's Bank has brought in strict new lending restrictions which mean it is no longer issuing new credit cards or loans to anyone who's self-employed, MoneySavingExpert.com can reveal. 

Virgin Atlantic Reward+ credit card customers are being paid rebates of £40 each – equivalent to 25% of their annual fee – due to the coronavirus pandemic.

MBNA credit card customers who agreed a payment holiday because they are struggling due to coronavirus have been mistakenly sent text messages chasing 'overdue' payment. If you're received one of these texts you can safely ignore it – so long as you're sure your payment holiday has been confirmed.

The financial regulator has written to credit card firms telling them to review how they treat customers in 'persistent debt', amid fears some lenders are planning a 'blanket' suspension of cards.

Hundreds of Nationwide customers have had their monthly credit card repayment taken twice, with one family overcharged by up to £2,500, MoneySavingExpert.com can reveal. 

Challenger bank Tandem has announced it is to start charging for its popular cashback credit card, with existing customers unable to use their cards from 9 March unless they pay a £5.99/month membership fee.