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Credit card fees

April 2024

  • A shopper carries bags outside a Kroger grocery store

    ‘I run out of money each month’: the Americans borrowing to cover daily expenses

    Respondents tell us about personal levels of borrowing, with most saying they were now struggling to repay their debts

June 2023

  • a family head off to the waves to boogie board and surf

    Holiday spending: what to sort out now to keep costs down

    Accessing money abroad can rack up a number of unexpected bills, so plan now to save later

April 2023

  • A woman puts a dollar bill into a piggy bank, circa 1950s. According to the experts, everyone should have at least three months’ net pay saved for an emergency.

    The good advice guide
    I need £2,000 now! How to find the money for an unexpected disaster

    If you don’t have savings, there are still ways to see yourself through a rough patch says R4’s MoneyBox presenter

February 2023

  • My family poses on a ferry in 2003.

    My family came to the US to start a new life. An obscure credit score held us back

    Kai Ngu
    A Fico score determines your financial future in America. But for new immigrants, getting one can be nearly impossible

October 2022

  • Electrical retailer Harvey Norman's flagship store in Auburn, NSW

    Asic sues Harvey Norman over ads for ‘interest-free’ purchases

    Corporate regulator alleges consumers were misled as interest-free payments required signing up for credit card with fees

June 2022

  • Goldcar car hire rentals desk.

    Your problems, with Anna Tims
    Goldcar put me under pressure to get unwanted insurance

    It said that using my credit card for a deposit would cost me more than buying extra cover

May 2022

  • Klarna logo and smartphone

    Klarna to start reporting UK customer debts to credit agencies

    Move by Swedish firm, the UK’s leading buy now, pay later company, will begin on 1 June

February 2022

  • Some borrowers have been conned out of thousands of pounds.

    Covid: the global political impact
    Loan sharks at the school gates, nude photos as security: how desperate people fall into the debt trap

    Since the start of the pandemic, more than 11 million people have built up £25bn in arrears and debt. And illegal lenders are targeting those who can’t access mainstream credit

January 2022

  • Mastercard cards.

    Mastercard fined £31.5m over illegal UK prepaid cards cartel

    Five firms fined total of £33m for agreeing not to compete with each other for local council business

December 2021

  • Hand with credit cards

    21% and rising: fury grows as credit card rates hit new high

    Highest levels of interest in two decades linked to risk of consumers defaulting on payments

November 2021

  • Black woman shopping online

    Christmas shopping: check out the best ways to pay

    There’s a wide choice of options, from credit cards to buy now, pay later services such as Klarna

June 2021

  • A pedestrian passes a HSBC bank branch in central London

    HSBC whistleblower claims vindication after bank’s £200m payout to customers

    Nicholas Wilson says redress scheme is a direct result of his campaign over excessive charges

October 2020

  • Various credit cards

    UK banks plan to hike cost of credit card borrowing

    Bank of England reveals rising rates in approach to Christmas and lenders’ plans to restrict loan products soon

June 2020

  • COUNCIL TAX BILL WITH ONE POUND COINS RE HOUSEHOLD INCOMES BILLS BUDGET WAGES GOVERNMENT HOUSE TAX BANDS HOMES WAGES HOUSING UK. Image shot 2016. Exact date unknown.<br>FD7265 COUNCIL TAX BILL WITH ONE POUND COINS RE HOUSEHOLD INCOMES BILLS BUDGET WAGES GOVERNMENT HOUSE TAX BANDS HOMES WAGES HOUSING UK. Image shot 2016. Exact date unknown.

    UK households face £6bn debts because of Covid-19, says charity

    Debt fuelled by pandemic and job losses will stifle nation’s recovery, StepChange claims

April 2020

  • Person using ATM

    Loan and credit card payments to be frozen for three months in UK

    Financial regulator fast-tracks measures to help consumers during coronavirus crisis

February 2020

  • residential houses in  London

    Tell us: how you have been affected by debt?

    We would like to hear from people who are struggling with debt. Share your experiences with us

September 2019

  • Beware the credit card trap … pay off your bill in full to avoid escalating interest rates.

    Credit cards: interest rates hit a record high

    Customers who don’t pay off their bill in full each month face an average charge of 24.7% this month

July 2019

  • HSBC cards

    HSBC credit card compensation bill could rise to £11m

    HSBC extends scheme to extra 18,500 customers overcharged on debt payments

June 2019

  • Last year Britons paid £195m for using their credit and debit cards abroad.

    The best debit and credit cards to use for your summer holidays

    Save the ripoff of poor exchange rates and high fees with cards that will avoid them altogether

April 2019

  • Walter Merricks, former financial ombudsman, behind the MasterCard compensation claim

    The consumers’ champion chasing Mastercard for £14bn

    Ex-financial ombudsman Walter Merricks tells why he took on the case that could now pay each adult in the UK £300
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