MSE News

Credit cards

Government to ban ALL charges for paying by credit or debit card

Companies will be banned from charging ANY fees for credit or debit card payments from January

19 July 2017

Monzo, Revolut and Curve customers hit by glitch

Digital bank and prepaid card provider Monzo has warned its users their payments may be declined due to a fault

6 July 2017

Bank of England warns lenders about steep rise in consumer debt

The Bank of England wants lenders to tighten up mortgage lending criteria and protect themselves from defaults

27 June 2017

Lloyds completes MBNA takeover - but 'no changes whatsoever' for customers

Lloyds Banking Group has completed its takeover of credit card firm MBNA, but customers will see

2 June 2017

Reform of Section 75 credit card protection mooted as more caught out by loophole

A loophole in Section 75 consumer credit card protection could be reviewed in the next Parliament

24 May 2017

Revealed: Section 75 credit card protection may fail due to payment processing loophole - shoppers beware

Shoppers who pay with a credit card for Section 75 protection need to be aware of a processing loophole

25 April 2017

Credit card firms to be forced to help customers in persistent debt, under regulator's plans

The regulator has today unveiled plans to force credit card companies to help customers stuck in persistent debt

3 April 2017

The 'Great 0% Ads Scam' – when 43 months 0% isn't 43 months 0%

The world of 0% credit card advertising is a 'wild west' with consumers left unprotected, an MSE investigation has found

2 April 2017

Regulator to tackle contactless card security flaw after MSE investigation

Bank customers who have cancelled a contactless card may no longer have to check statements for signs of fraud

29 March 2017

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