Credit cards

The Government has today confirmed plans to cap the fees card firms charge retailers to process transactions, which could spell the end for cashback and reward card deals.

PPI mis-selling victims will be subject to a time-bar on claims – as we've been warning over the past few weeks – under plans revealed by the regulator this morning.

Santander customers with its 123 current account will have to fork out more for the account from 11 January 2016, while the bank is also upping the fee on its 123 credit card and capping the amount of cashback new card holders can earn.

Millions of Tesco credit card users face a huge drop in the number points they collect when spending, with some set to see their benefits culled to just a quarter of their current value.

Shoppers can buy goods costing up to £30 using contactless credit and debit cards from today, as the single payment limit has increased from £20 per transaction.

Virgin Money's best-buy 0% for debt shifts, new spending and money transfers (cash loans) now has a £50 freebie too and there are ways to manipulate it so you don't need to spend big to get it. But hurry, the deal ends at 23.59 on Thursday.