Using plastic overseas? Always PAY IN EUROS (even if it says 0% commission)
Update 30 July 2019: Martin wrote this blog back in 2013 but while the rates have changed, all the logic is still correct.
I couldn’t believe my ears. While filming in southern Spain for the new series of my show, the producer told me he’d found a cash machine offering 0% commission if you chose to withdraw in pounds. In theory, that’d mean PERFECT exchange rates.
Why the introduction of “Simple Financial Products” may do more harm than good
The plan for a new "Simple Financial Products" kitemark could run the risk of misleading customers into getting poor deals. While I know many would’ve thought I’d support it – unless done right, it risks more harm than good. Listen to this on Radio 5 I’m writing this blog on the back of a debate on Radio...
1 in 4 say they want me to be chancellor – do they hate me that much?
I was shown a poll today which listed that I’m the person most people would like to do George Osborne’s job. Seriously people, do you hate me that much? I wouldn’t wish that on my worst enemy. The research of 2,000 people by Opinion, for the Nutmeg website, asked: "If you could replace George Osborne as chancellor,...
OLD-Using plastic overseas? Always PAY IN EUROS (even if it says 0% commission)
Update 18 July 2017: Martin wrote this blog back in 2013 and all the logic is still correct, nothing has changed. I couldn’t believe my ears. While filming in southern Spain for the new series of my show, the producer told me he’d found a cash machine offering 0% commission if you chose to withdraw in pounds. In theory,...
A generation of Muslims not able to go to university?
I had a rather depressing day last Wednesday. I was filming a piece for my new series on student finance at a sixth form college in Hammersmith, west London, and there were many sparky 17-year-olds there. My aim was to try to ensure they weren’t wrongly put off going to university because of the misperceptions over student...
Read letters from blind children to Santa 2012
If you, like me, are a soppy git, you may just enjoy this. Each year we help spread the word in our Free Santa Letters guide that the RNIB has special elves, which help the giant with the white beard reply in Braille and other visually impaired-friendly ways. As a thank-you, the RNIB has given its kind...
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Recent Blogs
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Is it time to ban Christmas presents?
14 September 2020
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: I confess, I did a 'decoy effect' experiment on my Twitter and Facebook followers… and it may be why they're buying more Jaffa Cakes
7 September 2020
Behavioural economics is a powerful science. Some retailers are undoubtedly using it to make us pay more to get less. One element is the 'decoy effect' – where a higher-priced item is sold, to make items next to it look like bargains. So I wanted to do a little experiment to test it -
Martin Lewis: Payment holidays extended – but should you take one? Mortgages, credit cards, loans, payday loans, car finance and more
11 August 2020
Within the last week, we've seen the extension of coronavirus credit card, personal loan and overdraft help to 31 October 2020, with mortgage payment holidays already extended. The regulator's other help schemes are also likely to be extended too, including car finance and payday loans, yet should you do it?
