Credit cards

American Express (Amex) customers who currently have, or have had, its My Essentials and Back on Track policies with additional card protection in the past, will be refunded the premiums paid for the worthless add-on cover. 

Update August 2016: This news story was written in May 2015, though we've done further analysis on the Mastercard and Visa rates since then, and the logic is still the same – Mastercard still usually comes out the winner. We will do a full update of this article soon...

Nationwide credit card customers will no longer be charged for going over their limit from today, while the way it charges interest for those with balance transfer credit cards is also changing. But will other credit card providers follow suit?

RBS customers are the latest to lose out from a forthcoming cap on the fees card firms charge retailers to process transactions, as the provider has revealed it's scrapping its YourPoints credit card reward scheme.

Yesterday we learnt inflation's hit 0% for the second month running – so little surprise, borrowing costs are hitting all–time lows.

Capital One has become the first major provider to reveal it's axing cashback for some of its cardholders from 1 June as a result of a forthcoming cap on on the fees card firms charge retailers to process transactions, which fund cashback deals.

Affinion customers flogged worthless card protection are one step closer to getting their money back as the High Court of Justice has this week given approval for a creditors meeting on setting up a redress scheme to go ahead in June.

If you're one of the two million flogged worthless card protection by Affinion (often branded Sentinel), you should have received a letter informing you about a redress scheme. If you haven't had one and think you're affected, call the scheme now.