Credit cards

Britain’s biggest banks cut interest rates in new mortgage price war

by

Britain’s biggest banks have launched a new war over mortgage prices. Barclays and HSBC cut interest rates for the second time in two weeks. Major lenders are lowering their fixed mortgage rates It could come as a relief to borrowers looking for a better deal, but given the higher interest rates, many people looking to … Read more

Bank with 3 million customers will charge fees for using a debit card abroad

by

A HIGH street bank will charge customers later this summer for using their debit cards abroad. From August 29, Metro Bank will introduce a 2.99% fee on all debit card transactions outside the UK, including in Europe. This compensation is currently free, The Sun reports. Metro Bank has approximately 3 million customers who may be … Read more

Major lenders are cutting mortgage rates, and more could follow: What this means for you

by

MAJOR lenders are lowering mortgage rates as an incentive for borrowers. NatWest and Barclays have cut rates by up to 0.31%, while HSBC has announced it will cut rates from tomorrow (June 26). Three major lenders have cut mortgage rates in a positive signCredit: Alamy HSBC said more than 300 deals will be completed across … Read more

Large buy now pay later company with 300,000 users collapses into administration

by

A BIG purchase now, pay later company has ended up in administration. Laybuy’s UK arm, which has a customer base of around 300,000, has appointed administrators at FTI Consulting LLP. However, it is important to note that the company could still be sold in the futureCredit: Alamy Laybuy offers a “buy now, pay later” service … Read more

Martin Lewis warns customers of Lloyds, Halifax and Bank of Scotland

by

MARTIN LEWIS has issued an urgent warning to millions of Lloyds Banking Group customers over a major change to its accounts. The consumer champion said Lloyds, including subsidiaries Halifax and the Bank of Scotland, are shaking up the way they charge interest on overdrafts. Martin Lewis has issued an urgent warning to customers of Lloyds … Read more

Major bank is going to make a big change in overdrafts for millions of customers

by

A major bank is making a major change to its overdrafts, impacting millions of customers. Lloyds Banking Group, which runs Lloyds Bank, Halifax and the Bank of Scotland, is changing the way it charges overdrafts. Lloyds increases interest rates on its agreed overdraftsCredit: Reuters An overdraft allows you to spend money or withdraw cash if … Read more