September 2011 Archive

More cash withdrawal locations for RBS Group cardholders

RBS Group customers are now able to make cash withdrawals and balance enquiries at any of the 11,800 Post Office branches in the UK.

The Office of Fair Trading to investigate travel money

Consumer Focus has sent a massive complaint about travel money to the Office of Fair Trading (OFT) regarding the cost of obtaining foreign currency and overseas use of credit and ...

FSCS warn prepaid cards not covered by the UK compensation scheme

The Financial Services Compensation Scheme (FSCS) warns that prepaid cards and e-payment cards are not covered by the UK compensation scheme. How can this can affect customers?

Credit cards: be careful with ‘cash advance’ hidden rates

A new report warns customers to be aware of the range of transactions referred to as ‘cash advance' by credit card providers. The rate of interest in these cases is ...

A third of travellers have no insurance

After conducting a survey of 4,000 passengers Ryanair has found that over a third fly to a foreign country without travel insurance. The airline reveals these and other interesting findings ...

The hidden fees banks charge to Brits abroad

Bank charges cost millions of pounds to Brits every time they buy foreign currency and use their cards overseas. Comparing the fees included when they use a debit or credit ...

Prepaid currency cards the best solution when attending foreign festivals

Britons account for almost half of the tickets sold for Europe’s most popular festivals. By removing ATM fees on all three of their prepaid currency cards, MasterCard Travel Cash Prepaid ...

Prepaid cards can ease Brits’ debt anxieties

The amount of debt paid off per person each month is a whopping £322 on average. A savvy use of certain financial products – such as prepaid or credit cards ...

Santander attempts to improve poor customer service record with SMS alerts

Santander bank has launched a new service offering text alerts to all of its current online banking account and savings customers.

Housing deposits rise tenfold while Brits’ income only doubles

Buying a house is a difficult challenge in the UK these days. Latest data reveals that while the costs of properties and deposits have increased tenfold in the last 20 ...

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