American Express’ Nectar card is now one of the best ways of earning Avios points

A better way of earning air miles from your everyday spending? Amex’s Nectar credit card now has one of the best rates The Sainsbury’s reward scheme announced a partnership with BA last week  Shoppers can swap 400 Nectar points for 250 Avios air miles  Amex’s Nectar card earns 2 points for every £1 spend – … Read more

Nectar points from Sainsbury’s shopping can be turned into Avios

Sainsbury’s shoppers can soon swap Nectar points for Avios air miles… but the rate is less generous than with previous Tesco scheme New tie-up means 400 Nectar points can be converted into 250 Avios points  This works out at a conversion rate of 0.625 Avios per point This is less generous than the 2.4 Avios … Read more

Last day for Tesco Clubcard points to be converted into Avios air miles

Deadline day for Clubcard converters as Tesco’s air mile tie-up ends at midnight tonight: Should you swap? Clubcard points can currently be converted into Avios at 2.4 Avios per point  This will no longer be the case from 19 January After this points can only be converted into Virgin Atlantic points if shoppers are after … Read more

Jaja customers hit with £12 penalty charge after computer glitch

Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your … Read more

Balance transfer credit cards: Some banks boost interest-free deals

Banks have brought back or boosted balance transfer deals over the last month as they loosen the lending taps, but borrowers looking to clear their debts still have less choice than ever before. MBNA, Sainsbury’s Bank and Virgin Money all lengthened the interest-free terms on some of their cards, while the supermarket lender also reopened … Read more

How to get out of debt in 2021: Seven tips for a brighter financial future

Last year was tricky for many. With the coronavirus pandemic causing havoc in mid-March, many were furloughed or lost their jobs. It might have resulted in a struggle to make ends meet and turn to credit as a result – or maybe extending the debt they were already in. Around three in 10 Britons have … Read more

Britain paid off £15.6bn in debt in just 7 months amid the coronavirus pandemic

After years of failed New Year’s resolutions, it appears the global pandemic has helped Britons collectively pay off personal debt like credit cards and loans. Between March and October, the latest figures available from the Bank of England, Britons have paid £15.6billion off their plastic and other loans. When the pandemic swept the country in … Read more

Cardholders of Jaja complain of long wait times and horrendous service

Jaja launched its own app-based credit card in 2019, but it has received a poor response  A smartphone-based credit card provider which bought the accounts of Bank of Ireland and the Post Office last year is being flooded with complaints from frustrated customers. Holders of credit cards provided by Jaja, many of whom had no idea … Read more

Celebrity social media pushing ‘buy now, pay later’ credit

Insta fan: Claire Menary: who has 34,000 followers, has promoted Klarna  They are the glamorous social media stars with the picture-perfect lifestyles that attract thousands of aspiring young followers. Yet their posts are now being investigated by the advertising watchdog over fears they irresponsibly promoted ‘buy-now, pay-later’ credit as a way to feel better in … Read more

Barclays hit with £26m fine over poor treatment of indebted borrowers

Barclays has been hit with a £26million fine by regulators after four years of poor treatment of customers who fell behind on their borrowing. The Financial Conduct Authority said business and personal customers who fell into arrears on their borrowing between April 2014 and December 2018 were not properly contacted by the bank. It added … Read more