Earn up to £220 from Amex for referring a friend

American Express is offering customers the chance to pocket up to £220 through a new refer a friend scheme. Amex offers similar deals to customers with other cards in its range, including free Avios. Some banks and bills companies will also give you cash or perks for recommending new customers.

Tesco has unexpectedly switched up its Clubcard scheme meaning shoppers get less value when swapping them for vouchers with certain partners. Here's everything you need to know

This is the alarm sounded by the Personal Finance Society just as households are receiving their credit card bills, revealing the debt they have racked up over the festive period.

Halifax repaid my £15k loan for free: Bank revives offer

When pre-school worker Ami Hay, pictured left, took out a £15,000 loan to help sort out her finances, the last thing she expected was that she wouldn't have to pay it back. But that's what happened to the 33-year-old, of Tidworth, in Wiltshire, when she was the lucky winner of an offer that high street banking giant Halifax made. Now the bank has relaunched the gimmick, but is it worth an offer worth taking.

How to get out of debt in 2018

If you're feeling the pinch after another expensive Christmas, you're not alone. One in four us is starting the New Year with an average credit card debt of £452 and that half of us believe we'll still be repaying what we owe next December. But here are some top tips for speeding up clearing your balance.

The number of pensioners taking out equity release plans rose by 41 per cent in the last year alone, with a total of £3billion paid out., Key Retirement said.

Balance transfer deals are the cheapest they’ve been in a decade, according to figures from personal finance data provider Moneyfacts.

From this Saturday it will be illegal for any business to add a surcharge to a customer’s credit or debit card payment in the UK. But experts warn that retailers may respond by jacking up their prices.

M&S is offering new credit card customers £45 to spend in store or online when they open a Reward Plus card directly through its banking division this month.

The £8.5bn Xmas credit card debt burden

Half of those with credit card debts believe they will still be paying it off next Christmas. Meanwhile one in ten are still grappling with their bills from Christmas 2016. In total, uSwitch estimates that Britain will have a £8.5 billion credit card debt hangover going into the New Year.

About 13 million people are just about surviving financially, the City regulator reckons — and they need to act now to stop matters getting even worse.

Customers are forking out as much as 3 per cent extra to pay by credit card with some companies including insurers, car dealers and even local councils.

New loyalty scheme rewards you for going to the pub

There's a new loyalty programme in town rewarding people for their credit card spending everywhere from John Lewis, to M&S, JoJo Maman Bebe - and even down the pub. Ice being run by a former AirMiles boss works on top of store's own loyalty schemes so you can earn even more money off. Here's all you need to know to start saving.

Debra Westowski was told by her bank, Santander, that she couldn’t have a credit card even though she had paid off her mortgage and had a good income.

In the last year, more than eight million Britons have had their credit limits increased by an average of £1,481, according to Citizens Advice.

Britons who have a Lloyds Avios Rewards credit card have been urged by an industry expert to check their statements after reports of a string of fraudulent activity.

Nationwide is ditching the 0.5 per cent cashback on its Select credit card for new customers from January 11. Existing customers will see the cashback on their purchases halved.

Is the death of the airline credit card on the horizon?

MBNA closed eight of its airline credit cards last week, leaving slim pickings for anyone wanting to use their credit card spending to earn free flights and ticket upgrades. Here's everything you need to know about the eight cards that have been withdrawn and the trick to finding a card that still lets you clock up points to spend on flights.

For many who have heard about the cryptocurrency boom, a major grumble has been how to buy it without jumping through hoops, worries over security and how to actually spend it.

The new products will be launched tomorrow as part of a reboot of its financial services under a new division called Thomas Cook Money.

Almost 2,000 job candidates rejected over bad debts

As many as 1,923 applicants were turned down for a position due to their adverse finances in the year to July, up from 1,788 a year earlier, according to analysis of the Reed Screening database. The company claims bad debt is responsible for people failing a vetting test 80 per cent of the time, making it the most common reason for failure.

Virgin Money's Manchester United club heroes credit cards

The four-strong line-up of new card designs from Virgin Money include legend Sir Bobby Charlton who spent most of his career with the club, Bryan Robson who played for the Red Devils more than 450 times and legendary striking duo Dwight Yorke and Andrew Cole. Fans can vote for their favourite.

If used correctly, credit cards can help you get something back or spread the cost of things that you are spend on - but make sure that you use them wisely.

Big banks which are plundering millions of pounds a day from savers and borrowers. We can expose the cynical tactics Britain's savings giants have used to hit savers in the pocket.

UK households racked up unsecured debts of over £204billion in credit cards, car finance, overdrafts and other loans as of September.

Total credit card borrowing rose by 7.8 per cent compared to a year ago, up from 7.3 per cent in August, according to the latest figures by industry body UK Finance.

Why Hilton Honors has best reward credit card for spending

If you are about to buy a big ticket purchase for your home, perhaps some white goods, a new sofa or a television, then this credit card trick could earn you a big reward. The little-known card lets you enjoy a stay at almost any Hilton-branded hotel worldwide. We get the lowdown and a selection of some its best rivals from credit card reward expert Rob Burgess.

Philip Rutnam, permanent secretary at the UK Home Office, told MPs in Westminster yesterday that the days of chip and pin are over and 'new' technology is needed.

When Stuart and Carol Corkett received a £525 gas bill they immediately knew something was wrong. British Gas had used the meter for their neighbour's house, which is 6ft away.

Boost your Christmas supermarket savings 

Savvy supermarket shoppers can take advantage of loyalty points and bonus schemes - such as Iceland's two-week bonanza - to ease the cost of Christmas. We reveal how and what rival schemes offer.

National Debtline's 'Borrowed Years' report found that 37 percent of 18 to 24 year olds are already in debt, owing an average of £2,989, excluding student loans and mortgages.

A bank of England crackdown on cheap credit cards and loans is already affecting banks, according to the latest figures.The Bank has issued warnings about Britain’s debt binge.

TSB's no-fee deal on 28-month interest-free credit card

TSB has introduced a new fee-free balance transfer credit card for customers who can quickly move existing debt that they want to get paid off interest-free. The Platinum 28 Month Balance Transfer Credit Card deal has a 0.5 per cent balance transfer fee that will be refunded for transfers made in the first 30 days of the account being opened.

The lender is offering the sweeteners to borrowers who take out loans of between £7,500 and £25,000 via the comparison website MoneySuperMarket before October 6.

The best cashback credit cards that reward your spending

Sadly the numbers of lucrative cashback and rewards cards have dwindled over recent years. But are there still any cashback credit cards worth having? We take a look at the best offers out there and work out how much you have to spend to make them worth your while.

Get double the loyalty points at M&S with new credit card 

M&S Bank has launched a credit card offer that gives double loyalty points to spend in its stores. Reward Plus grants new M&S Bank credit card customers 2,500 points, worth £25. Borrowers earn double points in M&S for the first 12 months, converted into M&S vouchers.

Lloyds Bank's best-buy low APR credit card charges 5.7%

Lloyds Bank is offering borrowers a no-frills credit card charging just 5.7 per cent APR interest – the lowest rate on the market. The card charges a consistently low rate, a good option for anyone wanting to avoid the traps of disappearing interest-free deals

Get £25 to spend at M&S with the Reward Plus credit card  

M&S Bank is giving new credit card customers up to £25 to spend in store upon signing up to its Reward Plus card. The card deal also comes with a year's worth of interest-free purchases. What's more, balance transfers made in the first 90 days of the account being open are also interest-free for six months, but a handling fee of 2.9 per cent (with a minimum of £5) applies.

There are a lot of credit cards on the market offering eye-catching 0 per cent interest deals but such teaser rates disappear fast so why not consider a continuously low-rate card instead?

Current and former members of the Armed Forces who are seeking debt advice owe an average £11,240 on top of mortgages and car loans, according to insolvency service Creditfix.

First Direct launches best buy personal loan at 3% on £30k

First Direct has slashed the rate across its larger personal loan bracket to a market-beating 3 per cent. Borrowers can currently find lower rates on amounts up to £25,000 but the lender offers the cheapest deal on borrowing up to £30,000. There is a catch however, to apply for any of the bank’s loans you must be an existing current account customer.

Some banks discount fees or offer extra perks and tempting cashback to existing banking customers taking out a new credit card. Does loyalty get you a better deal or are they a cheap trick?

With the City watchdog poring over the explosion in credit card teaser rates, a senior British banker has warned that millions of borrowers may be unaware of punitive rates at the end.

Is Asda Money's new personal loan tool any good?

Asda Money's new personal loan calculator offers a smart search tool through broker Freedom Finance, which brings up a list of individual quotes from a range of other lenders without hurting your credit score. Similar searches, including This is Money's powered by MoneySupermarket, already exist but Asda reckons its tool takes things on a level by delivering a fully tailored quote. We take a look.

Left over dosh: If you have currency that you didn't use on holiday then make sure you don't lose out when selling it back.

Travellers with leftover holiday money often face a dilemma over what to do with their unused currency. We explain how to sell it back without losing out.

Loans Of The Week | Daily Mail
top personal loans
Logo L&C
2.9% for £7.5-£20k (Nectar card deal)
Over 3 years
Logo L&C
2.9% for £7.5-£20k
Top rate available, repay over 5 years
Logo L&C
5.3% for £3-5K
Best deal for small amounts
2.8% for £7.5k-£15k
Top rate, repay over 7 years
Logo L&C
6.7% for £30-50k
Largest personal loan available,

Rip off fees to pay in pounds cost holidaymakers £500m

Holidaymakers unwittingly paying by card in pounds rather than the local currency are wasting £500 million, according to research by FairFX. Choosing to pay in pounds incurs a Dynamic Currency Conversion that heaps on an average 6 per cent extra to the cost - and that's on top of a less competitive exchange rate.

Analysis suggests that the tide is starting to turn, with credit card providers launching fewer deals and shortening the length of zero interest balance transfers over the past six months.

Those in retirement owe more money on credit cards, loans and in council tax debts than any category of employed people, according to new research from PayPlan at £19,897.

Worried woman on phone checking  credit card / bank statement / bills. Image shot 2008. Exact date unknown.

Your credit rating and report is what lenders look at when they decide what to offer you. See our guide to improving your score or challenging wrong information.

Earlier this year Lloyds was offering a Halifax-branded card giving customers 43 months interest free – a market-leading rate.

Six reward credit cards that pay you to shop

Airline and supermarket reward cards are a popular option, but your favourite high street store may also offer a credit card that will clock up loyalty points when you spend. You are unlikely to earn a fortune or be able to use points to pay for your entire weekly shop but they do give you something back for your spending.

Amid a spate of warnings that Britons are living on a growing credit bubble , new research has revealed just how reliant on debt many people in the UK are.

Gareth Shaw of consumer rights group Which?, pictured, explains who is eligible for PPI compensation, on what grounds you can make claims, and how best to go about it.

For current account rewards and interest conditions may apply eg. using provider's full switching service, min deposits and direct debits. For savings, access maybe limited, min/max deposits may apply. See T&Cs. Representative example: If you spend £1,200 at a purchase interest rate of 18.95% p.a. (variable) your representative rate will be 18.9% APR (variable).

There's now a whole heap of companies promising faster, cheaper and simpler ways to move your money abroad using just your smartphone - but are they really any good?

Checking that a credit file is accurate – and boosting a personal credit score – are vital keys to smoothing the path to borrowing.

Nearly a quarter of borrowers believe that getting accepted for a credit card guarantees them the advertised interest rate and 0 per cent promotion.

I intend on paying the new card off every month – what are the best options? Will I be able to get a standard deal or should I get a credit builder card?

Representative example: If you spend £200 at a purchase interest rate of 18.9% p.a. (variable) your representative rate will be 18.9% APR (variable). Credit limits and terms may vary based on your individual circumstances. Balance transfer offers and introductory fees limited to transfer made with 60/90 days of account opening. See product specific T&Cs. * must spend £1k within 3 months



Loan payment calculator

Monthly payment

Credit Card Reality Check Calculator

Your plastic debt

This calculator will show you just how long it's going to take you to clear your credit card balance if you don't wake up, face reality, stop paying the bare minimum and start clearing this punitive form of debt.

Clear your debt quickly

Now see how much you need to pay a month to clear your balance in the shortest possible time.