Cards

Millions are set to share up to £1.3 billion in redress after 13 high street banks and credit card firms agreed to offer money back for mis-sold credit card and identity theft protection – but most claims are on hold for now.

Sports fans and gym-goers with a Barclaycard Football credit card will have their last chance to pick up 0% interest for life on season tickets and gym memberships over the next two months before the plastic gets an early bath.

Debenhams, House of Fraser, Topshop and a host of other store card customers will have a new firm running their accounts next year, after SAV Credit bought Santander's store card business.

Firms will no longer be able to charge excessive credit and debit card fees when new rules come into force tomorrow.

Holidaymakers using a NatWest or Royal Bank of Scotland debit card will pay lower fees overseas from June – but the cards should still be avoided.

Customers who try to overpay on their credit card could find their attempt to clear more of their balance doesn't work, potentially leaving them trapped in a debt spiral.

American Express cardholders can get their money back on some purchases, as part of two offers which will last until the end of the year.

Asda is encouraging customers to pay for Christmas in one of the most expensive ways possible, by withdrawing cash on its credit card, which costs at least £5 a time.

A cap should be placed on the amount of interest credit card users in debt should have to pay, an MP has argued in the House of Commons.

Huge numbers of consumers mis-sold card protection and ID fraud products are due their money back, after a firm was ordered to pay redress. Some will be owed hundreds of pounds.