Cards

Barclaycard customers have been left in the lurch after the firm sent out a malfunctioning batch of credit cards, MoneySavingExpert.com can reveal.

Amazon has halved the number of points you can collect on its Platinum Mastercard for non-Amazon purchases – you'll now get just 0.5 points for every £2 spent at other retailers.

A lawsuit against Mastercard – which aims to see 46 million consumers each receive £100s in compensation – has been revived after a court granted permission to appeal. 

We've long warned travellers to pay in the local currency rather than pounds to avoid hideous exchange rates – and from Friday, if you've a Mastercard prepaid card you won't be offered transactions in pounds at all.

Over-50s financial provider Saga is to throw a last-minute lifeline to Platinum credit cardholders who have yet to settle outstanding balances ahead of the card's closure next week, MoneySavingExpert.com can reveal – after leaving customers in limbo for two months.

The financial regulator has said that "almost all" contactless transactions from the two biggest card schemes are now processed 'online' to combat a security flaw that meant crooks could use cards months after they'd been cancelled.

The Financial Conduct Authority's director of strategy and competition Christopher Woolard (pictured above) gives an update on the regulator's work to protect consumers from contactless card fraud – and what you can do if you think you've been targeted. Views do not necessarily reflect those of MoneySavingExpert.com. For more background on the issue, see our Contactless card security flaw largely fixed, in win for MSE's two-year campaign news story.  It's now nearly two years since our chief executive, Andrew Bailey, wrote for MSE on our work to prevent contactless card fraud. We've been working throughout that time to keep contactless transactions safe, and in the vast majority of cases they are – but it's important that we, and you, stay vigilant. 

Over-50s financial provider Saga has announced it's closing its Platinum credit card in March, and customers have been told any outstanding balance will be "due and owing in full at that point". If you can't pay it off by then, your debt may be transferred but your interest rate could rise – here's what we know so far.

The competition watchdog is set to investigate a deal which would see the UK's two biggest cashback sites owned by the same group.

The longest 0% balance transfer deals are now six months shorter than a year ago -  with providers significantly cutting back 0% deals over the past two months. If you're currently paying credit card interest, now's the time to shift it to 0% before deals worsen further.