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MSE News

Currency

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

'I paid in pounds... but RBS charged me overseas fees'

RBS and Natwest customers who use their debit cards on flights and ferries have been warned to watch out for unexpected charges, after a Virgin Atlantic passenger was stunned to find a 'foreign purchase fee' added to transactions made in pounds

24 December 2018

Tesco Travel Money customers hit by data breach - here's what to do if you're affected

Thousands of Tesco Bank travel money customers' names, addresses and partial payment card information has been leaked

14 March 2018

Avoid holiday rip-offs by ALWAYS keeping hold of the card machine AFTER entering your PIN

Holidaymakers paying by card risk being overcharged by businesses that manipulate payment terminals

17 August 2017

New £10 note unveiled this week – here's a sneak peek

The new plastic £10 note will be unveiled tomorrow – but you'll have to wait until September to get your hands on one

17 July 2017

Asked to pay in euros abroad but charged in pounds? You're not alone in being ripped off

MoneySavers are losing out by having payments processed in pounds even when selecting the local currency payment option

11 July 2017

Pound falls after election result - should you buy euros or dollars now?

The pound has dropped sharply following yesterday's general election, as a hung Parliament causes uncertainty

9 June 2017

Travelex to scrap Supercard due to 'higher than anticipated' costs

Currency bureau Travelex is to axe the Supercard, with cardholders told they won't be able to use it after 24 July

24 May 2017

Got an old fiver? You can only spend it until Friday

You have until Friday 5 May to spend or bank your older non-polymer £5 notes before they're officially withdrawn

28 April 2017

New 12-sided £1 coin enters circulation – what you need to know

Britain's iconic £1 coin is to be phased out after more than three decades in circulation by a 12-sided replacement

27 March 2017

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