Personal Finance News

Top tips to save a packet on holiday car hire, the leading provider of standalone excess insurance, this week launched its ‘Car Hire Hit List’, featuring ten top tips to save drivers up to £760* on a week’s hire. The hit list is based on the hire of a compact family car for a week.   Book early – research found that in 2015 holidaymakers saved on average […]

Consumers left in the dark over credit checks

Thousands of people in the UK are in the dark about when they’ll be credit checked for life events and financial products, according to a study from Amigo. The research revealed being credit checked for a job (80 per cent), monthly insurance instalments (63 per cent) and renting a flat are among the top things consumers […]

Cancelled holidays costing millions

Aviva has revealed it paid out over £19.2 million last year to UK holidaymakers whose holidays had to be cancelled before they started. Despite the number of holiday cancellations, just a quarter of would-be holidaymakers take out insurance at the same time as booking their trip.  A third (32%), buy it the month before their trip and […]

New Android Pay gives MBNA customers a clever way to pay

Credit card experts MBNA have announced that Android Pay, by Google, is now available to their customers as the app goes live in the UK today. Android Pay will enable Android™ mobile users to seamlessly tap and pay with their phones at almost 460,000 contactless payment points in the UK, with more locations being added […]

5 million Brits don’t know how much their mortgage is costing them

More than 5 million people in Britain have no idea how much their mortgage is costing them, according to research released today by habito, the world’s only digital mortgage broker. With 7.6 million active mortgages in Britain, the study found one-third (33%) of UK mortgage holders don’t know what interest rate they are paying – […]

Increase in contactless card payments soars among nation’s ‘silver spenders’

While traditionally slower to adopt new technology than younger generations, when it comes to contactless, the UK’s over 60s are well and truly bucking the trend. Data released by Barclaycard today shows that the number of ‘silver spenders’ using ‘touch and go’ payments increased by 116 per cent in the last 12 months. The figures […]