The FCA’s unfair motor loans compensation scheme is a proposed £14 million initiative to refund drivers who were overcharged for car finance because brokers or dealers received hidden commissions from lenders. Between 2007 and 2024, some brokers were allowed to increase customers’ interest rates to earn higher commissions, a practice the FCA has deemed unfair.
Motor Finance Scandal: What Is It & How To claim? Read More »
When you see headlines about the “average salary in the UK,” it can sound like there’s a single number that applies to everyone. In reality, the picture is far more complex. Pay varies depending on age, gender, region, industry, and whether you are in the public or private sector. Even the way data is collected
UK Average Salary Statistics: How Pay Differs by Age, Region, and Sector Read More »
The HSBC Student Credit Card is one of the best overall due to its low APR, no annual fee, and wide availability. It’s ideal for students who already have or plan to open an HSBC student bank account. The card is designed to be a safe entry into credit, with a modest limit and low
Best Student Credit Cards in the UK Compared Read More »
The best Avios credit card in the UK depends on how much you spend and how often you fly with British Airways, but for most frequent travellers, the British Airways American Express Premium Plus Card is considered the best overall. Avios credit cards help UK consumers earn reward points for flights and travel. Here’s how
Best Avios Credit Cards Compared Read More »
All-in-one finance app Revolut is rolling out a new feature allowing its credit-card customers in Ireland to pay through instalments, which it plans to shortly expand to other markets Under the new feature customers will be able to space payments out over three, six, nine or 12-months at a discounted interest rate. Multiple purchases can
Revolut credit card instalments coming to Europe Read More »
Monzo is considering an initial public offering (IPO), but its management are split over whether it should happen in London or New York. The digital-first challenger bank is preparing to list on the stock market in the the near future, the Financial Times reported today. The firm’s CEO TS Anil favour listing in the US,
Will the London Stock Exchange lose the Monzo IPO to New York? Read More »
Revolut has introduced in-app calls, allowing personal customers of the finance platform to contact members of its customer service team securely. This offers a secure method to call Revolut Customer Support, directly through the Revolut app, and represents a new security measure to help customers uncover impersonation scams. It also makes contact between customer support
Revolut adds in-app calls after criticism for scam response Read More »
The first wave of crowdfunders who backed banking fintech Revolut could receive a payout worth 400 times their initial investment. Roughly 4000 users of crowdfunding platforms Republic and Crowdcube will have the opportunity to sell their stakes in the company for $865.42 per share, City AM reported earlier this week. In a letter to investors,
Crowdfunding wins big as Revolut backers in line for 40,000% profits Read More »
While it’s incredibly positive that there has been a decrease in prices this Christmas, it’s still essential to be as cost-effective as possible when shopping over the next few weeks. Before heading out on your Christmas food shopping, it’s crucial to write a list beforehand. This will prevent you from overspending and will remind you
Average Price of Christmas Dinner Statistics Read More »
Starling Bank has introduced a new Easy Saver account to its platform, aimed at providing a simple and seamless saving experience for its customers. The new Easy Saver account offers an interest rate of 4% AER on balances up to £1 million, with daily interest calculations and monthly payouts, which is very competitive with savings
Starling Bank Easy Saver account launches paying a competitive 4% interest Read More »
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