New travel friendly credit card for cheaper holiday spending

Holiday makers will see their money go further this summer after B, the digital banking service powered by Clydesdale and Yorkshire Banks, launched its travel-friendly credit card with no charges for overseas transactions. The card removes the typical 3% credit card foreign exchange fee for purchases abroad and allows customers to access competitive foreign exchange […]

Posted in: News Read More →

People still stashing cash under their mattress

One in ten Brits still stash cash under their mattress, according to a new study by pension advice specialist, Portafina. The research, which polled more than 1,500 UK adults, looked at the average amount of cash carried, and hoarded at home, plus opinions on the impact of becoming a cashless society. With digital payment methods […]

Posted in: News Read More →

9 out of 10 Brits under estimate retirement costs

Nine out of 10 Brits have unrealistic expectations of how much money they will need in retirement, reveals a new poll. The findings from deVere Group, one of the world’s largest independent financial services organisations, come days after a report from the World Economic Forum (WEF) calculated that the UK pension savings gap will rise […]

Posted in: News Read More →

Big six lenders punish customers who slip onto their Standard Variable Rate mortgage rates with £3,240 annual repayment hike

The UK’s six biggest mortgage lenders are penalising customers who slip onto their Standard Variable Rates (SVR) with a £3,242 hike in annual interest repayments – more than a month’s income for the average household – according to a new sector study, the Mortgage Saver Review, from online mortgage broker Trussle. The research is the first of […]

Posted in: News Read More →

Brits spend nearly half of their disposable income within 24 hours of being paid

New research conducted by pension advice specialist, Portafina, has revealed that we are a nation of ‘payday millionaires’ – in other words, we are likely to spend our incomes long before it burns a hole in our pockets! The survey shows that nearly half (43%) of our monthly disposable income is splashed within 24 hours […]

Posted in: News Read More →

1 million more people cancel credit & debit cards in the last year due to fraud

More than one in ten (12%) Britons have had to cancel a credit or debit card in the past year due to online fraud, according to new research by comparethemarket.com. The latest statistics show a worsening state of affairs when it comes to cybercrime, with the number of people cancelling cards rising from 4.5 million […]

Posted in: News Read More →

Car hire can cost seven times original quote once extras added

The extras sold at car hire rental desks can often double the price of the original quote, but new research has found that it is possible for the car to end up seven times more expensive than the original quote. Hiring a compact car with Budget in Faro this May Half Term (27 May to […]

Posted in: News Read More →

One in four revellers suffer mobile mishap at festivals

The traditional summer-time image of stressed out Brits fleeing their screens for a weekend of muddy festival hedonism could be a thing of the past. New research by price comparison and switching service uSwitch.com reveals that the smartphone is very much a festival essential with 35% of revellers hooked on social media apps such as […]

Posted in: News Read More →

Nearly one in three energy customers want advice on how to switch providers to cut their bills

Nearly one in three households want  verbal support, through face-to-face or phone advice, on how to switch energy suppliers as price rises on gas and electricity bills of up to 18% come into effect, new research from leading independent energy comparison website www.moneyexpert.com shows.   Its nationwide study found 29% of households – the equivalent of […]

Posted in: News Read More →

Housing market to get boost as one in four Brits plan to move in retirement

New research from Retirement Advantage, the retirement specialist, suggests the UK’s property market may receive a welcome boost from retirees moving house in a bid to bolster their income in retirement.   The firm’s survey of over 50s reveals that a quarter (26%) plan to move house when they retire. Of these, almost two thirds (62%) […]

Posted in: News Read More →