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BRITAIN’S banks are giving away free cash payments of up to £200 each – and customers need to do one thing to be eligible to claim the money.

The extraordinary deals are being offered by major UK banks such as Lloyds and NatWest as part of the fight to boost customer numbers.

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Nationwide is also among the list of banking giants handing out the free cash payments for changing bank accounts.

The deals are part of switching incentives, and also come with extra perks like cashback and savings rates well above the average.

Nationwide Building Society

The first bank on the list is giving out a handsome sum of £175 to customers who complete a full switch through the Current Account Switch Service (CASS).

Those joining can pick from three accounts: FlexPlus, FlexFirect or FlexAccount.

The FlexDirect account offers 5 per cent AER interest on balances up to £1,500 for the first 12 months.

It also offers 1 per cent cashback on debit card spending with a maximum of £5 per month.

Combining this with the switching bonus, cashback and interest, smart savers could horde up to £400 in free payments in the first year of joining.

Nationwide’s Director of Group Retail Products Tom Riley said: “It’s never been more rewarding to be a Nationwide member and that’s why we want to help more people benefit by offering this switching offer.”

The building society consistently ranks top for customer service and has already attracted over a million new customers through CASS since 2013.

Lloyds Bank

For a £200 free cash payment, Lloyds Bank is giving away bonuses to customers who make a switch.

People who move their existing account to a Club Lloyds or Lloyds Premier account can get the free cash.

But the payment comes on condition they set up three or more direct debits.

Lloyds Bank is one of the UK’s largest financial services organisations and serves tens of millions of Brits.

NatWest

For account holders switching with NatWest, customers can get up to £175 on one condition.

Those choosing a Select or Reward account can get the free cash.

But they must pay in £1,250 first.

And customers also need to login to the mobile app within 60 days.

Other major banks

RBS, part of NatWest Group, is also offering £175 for switching to a Select or Reward account, as long as they pay £1,250 and login to the app in 60 days.

First Direct is offering £175 for switching to its popular 1st Account.

Customers must pay in £1,000 minimum, set up two direct debits or standing orders, and make five debit card payments within 45 days.

The Co-operative Bank’s switch deal stands at £100, with customers able to make another £75.

Customers need to meet the same requirements as First Direct switchers over the next three months.

What energy bill help is available?

There’s a number of different ways to get help paying your energy bills if you’re struggling to get by.

If you fall into debt, you can always approach your supplier to see if they can put you on a repayment plan before putting you on a prepayment meter.

This involves paying off what you owe in instalments over a set period.

If your supplier offers you a repayment plan you don’t think you can afford, speak to them again to see if you can negotiate a better deal.

Several energy firms have schemes available to customers struggling to cover their bills.

But eligibility criteria vary depending on the supplier and the amount you can get depends on your financial circumstances.

For example, British Gas or Scottish Gas customers struggling to pay their energy bills can get grants worth up to £2,000.

British Gas also offers help via its British Gas Energy Trust and Individuals Family Fund.

You don’t need to be a British Gas customer to apply for the second fund.

EDF, E.ON, Octopus Energy and Scottish Power all offer grants to struggling customers too.

Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register (PSR).

The service helps support vulnerable households, such as those who are elderly or ill.

Some of the perks include being given advance warning of blackouts, free gas safety checks and extra support if you’re struggling.

Get in touch with your energy firm to see if you can apply.

Financial expert Kate Steere said Nationwide’s package may be the best in value over 12 months, factoring in interest and cashback.

She said: “If you max out the savings and cashback alongside the switching bonus, you could be looking at nearly £400 in your first year.”

Lloyds is offering the highest single payout though, standing at £200 upfront.

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Mum Billie Van Der Walt and her husband Selwyn have given up their home in Manchester to see the world with their two young sons, Bligh, four, and two-year-old Rothko

A mum has ditched life in the UK to “give her boys the world” instead of sticking them in a classroom.

Last year, Billie Van Der Walt and her husband Selwyn, 35, gave up their home to hit the road with their two sons, Bligh, four, and Rothko, two.

The couple, who hail from Atherton, Greater Manchester, are currently in Vietnam – and have already made trips to Abu Dhabi, South Korea and Thailand.

It has meant that there were no ‘back to school’ photos from Billie and Selwyn; instead the proud mum took a snap of her little lad Bligh casually posing in his sunglasses with a huge travelling backpack.

READ MORE: I moved halfway across the world and there are 3 things I love about the UKREAD MORE: Missing waitress found living in Scottish tribe and doesn’t want to go home

Billie, 36, said: “There’s a little bit of guilt at him not having the milestone of the ‘picture in uniform behind the door’ and occasionally we worry that he’s missing out but we know we’re doing the right thing – giving him the world!

“Bligh is actually a year or two ahead of where a school would expect him to be – which is amazing for us because all of the learning we do is child-led.

“We’ve [also] saved hundreds on uniform, equipment etc – that’s a couple of weeks’ living costs here in Vietnam! We get to spend time together, not worrying about all the stresses of back to school.”

READ MORE: England’s ‘friendliest town’ with 400 indie shops, just an hour from London

Taking to social media to share the reality behind her decision, the mum wrote: “Sad isn’t the right word, but I’m definitely in my feels today.

“We know we made the right decision and we’re SO lucky to be living this life… BUT there’s a small part of me that’s missed getting him his own little uniform, packing him a lunch he’ll love and giving him the biggest squeezes at the school gates.

“We know he’d smash it but he’s doing SO well and as someone pointed out to us last week, we LITERALLY are giving our boys the world, still, today’s a difficult one.”

Billie continued: “Sending so much love to everyone waving their whole hearts away this morning as they trot through the school gates and I can’t WAIT to see all of their beautiful first day of school pics all over my feed in a couple of hours time.”

According to Billie and Selwyn, before they left Manchester they were often struggling to pay bills and found it hard to fit “precious family time” into one weekend. And while they were happy and coping, they lived “paycheque-to-paycheque” and relied on credit cards for unexpected expenses.

READ MORE: Families reduce holidays due to soaring costs and ‘outrageous’ extra charges

Selwyn worked long hours at a kitchen showroom while Billie stayed at home with the boys. Meanwhile, expensive nursery fees and the idea of being fined for taking their children out of school were all factors that pushed them to think differently.

Billie said: “In terms of the kids’ education, there are a few ways to describe it, but we definitely fall under worldschooling and unschooling.

“Unschooling sometimes gets a bad rap – people think it means doing nothing. But really, it’s just learning through life.”

The mum-of-two describes their approach to learning as a mix of museum visits and local experiences. While some days involve reading and workbooks, others are more spontaneous – like stopping to learn how sewer pipes are repaired or talking about history while visiting a landmark.

She said: “People have said, ‘You’re being selfish, the kids won’t even remember it,’ or ‘You’re ruining their education and future.’

“To the ones who say they won’t remember it, we always reply, ‘They won’t remember their first birthdays or Christmases either – but those moments still matter. These experiences are shaping who they are.

“I was truly happy before but now it’s as if my soul feels a little lighter. I didn’t even realise how much the weather in the UK affected my mood until we left and had more sunshine.”

The family say they have no plans to return to their old lives in the UK but hope to eventually settle somewhere with more sunshine and a slower pace. In the meantime, they have their next destination decided – China.

HOUSEHOLDS across the country are being warned to brace for a financial squeeze as the cost of government borrowing skyrockets to levels not seen since 1998.

This now directly threatens to push up mortgage rates and could usher in a new wave of tax hikes.

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The pound has tumbled in response to the growing unease, highlighting investor concern over the UK’s economic stability. 

At the heart of the issue are government bonds, known as “gilts,” which the government issues to borrow money.

These bonds offer investors a return, referred to as the “yield.”

In recent weeks, gilt yields have been rising rapidly, making it more expensive for the government to borrow.

This morning, yields soared further, with 30-year gilts reaching 5.72% – the highest level in nearly 30 years – while 10-year gilts climbed to 4.85%.

This spike signals that investors are nervous.

They are demanding a higher return to lend to the UK, worried about stubborn inflation and a gaping £51billion hole in the nation’s finances.

The rise in government borrowing costs is putting serious pressure on household budgets in two key ways

Firstly, it’s driving up mortgage rates.

The link between government gilt yields and mortgage rates is direct and unavoidable.

Lenders use “swap rates,” which closely track gilt yields, to set the prices of fixed-rate mortgage deals.

As these rates climb, fixed mortgages become more expensive.

Since August 1, two-year swaps have risen from 3.56% to 3.74%, while five-year swaps have gone from 3.63% to 3.83%.

Major lenders like Barclays have already started increasing rates, and even a small rise can add significantly to monthly payments on a typical £200,000 mortgage.

With swap rates continuing to rise in recent weeks, experts warn that mortgage rates are likely to increase further.

Separately, Chancellor Rachel Reeves faces a difficult challenge in her Autumn Budget, scheduled for November.

Higher borrowing costs are eating into public funds, and many economists believe tax increases will be necessary to fill the financial gap.

Although the government has promised not to raise income tax, national insurance, or VAT for “working people,” other tax measures are reportedly being considered.

One proposal is applying National Insurance to rental income, which critics fear could result in landlords passing on the cost to tenants through higher rents.

Another idea being debated is replacing stamp duty with an annual property tax, which could affect homeowners.

There are also rumours of reducing pension tax relief or cutting the tax-free lump sum, moves that could generate billions but might hurt savers.

Plus, there’s speculation about lowering the VAT threshold, which would bring more small businesses into the tax system.

This could increase their costs and potentially lead to higher prices for consumers.

Reeves is expected to make economic growth the centrepiece of her next Budget, warning that Britain’s economy is “stuck” and in need of bold solutions.

What can you do about it?

None of the proposed changes have been confirmed yet, and the government hasn’t ruled them out either.

However, any new measures won’t take effect until after the Budget in November.

It’s important not to make rash decisions based on speculation.

If changes are announced, you’ll have time to act and protect your finances before they come into effect.

For instance, if stamp duty is replaced by an annual property tax from a certain date, you could move house before the deadline to avoid the extra cost.

Similarly, if the government introduces capital gains tax on high-value properties, you might consider downsizing to a smaller home before the change is implemented.

 Rob Morgan, chief analyst at Charles Stanley, said: “Taking pre-emptive action can outright backfire.

“Last year some people were concerned about restrictions around taking tax free cash from pension and took withdrawals they wouldn’t have otherwise made.

“This removed the money from a tax-efficient environment and potentially stored up tax issues that will come back to haunt them.

“Instead, it’s best to wait to see what happens, consider the consequences, and take advice as required before acting.”

Most of the proposed measures are likely to affect only the very wealthy, so you may not be impacted at all.

If you’re concerned, there are steps you can take to prepare and safeguard your finances.

Check your financial health

If you are worried about your finances then you should speak to a financial adviser.

They will be able to offer you advice about your situation and explain if any of the measures will affect you.

You can find one using unbiased.co.uk – but remember, you will pay a fee.

It’s good practice to sit down and take stock of your finances every six months and work out a plan.

Work out all your bills and outgoings and what income you have and factor in any changes, such as bills going up or new income streams.

Think about what you need to do to make the most of your money. For example, do you need to prioritise paying off debts or saving for a house deposit.

Our guide to paying less tax legally could help you avoid giving away more cash to the tax man than necessary.

Review your mortgage deal

If your mortgage deal is coming to an end soon, act now.

Locking in a fixed rate could shield you from rising rates and market uncertainty.

Aaron Strutt, of mortgage broker Trinity Financial, said “For the moment there have not been significant price hikes but it’s probably worth locking in a mortgage rate if you are buying somewhere or due to remortgage, to try and keep away from any market turbulence.”

If you are coming to the end of a fixed deal, most lenders let you lock in a new rate up to six months beforehand, which can be worth doing.

If rates fall after you agree a new deal, some lenders will let you sign a new one at a lower rate.

Think when investing

Gold prices surged to a record high of $3,546.99 per ounce (£2,643.82) on Wednesday, marking its seventh consecutive daily rise.

Investors are flocking to the precious metal as a safe haven amid inflation fears and fiscal uncertainty.

However, financial advisers suggest maintaining a balanced and diverse investment portfolio as a better strategy for managing market volatility.

A small allocation to gold (5-10%) can be useful, but it shouldn’t be the core of your investment plan, according to Charles Stanley.

Don’t forget a will

If you’re concerned about potential changes to inheritance tax, it’s essential to have a will in place.

Without a will, your estate will be subject to intestacy rules, which could result in a higher inheritance tax bill.

This is especially important for unmarried couples, as they won’t automatically inherit from each other, even if they’ve lived together for years.

Check how to make one in our guide.

Make your savings work harder

More than 31million bank customers have £186billion in savings accounts earning just 1.5% interest, according to banking app Spring.

These accounts generate £2.3billion a year in interest, but savers could earn over three times more by switching to accounts offering up to 5% interest, The Sun can reveal.

The average bank customer has around £10,000 in savings, according to Raisin.

If that £10,000 is kept in an easy access account earning 1.5% interest, it would generate just £150 in interest each year.

But switching to Cahoot’s 5% easy access account would boost that to £500, earning you an extra £350.

If your savings account pays less than the current inflation rate of 3.8%, it’s time to look for a better deal.

IF you’re wondering where your money’s going each month, it might not be big bills or bad luck to blame but small, repeated mistakes that add up fast.

From letting your savings sit in low-interest accounts, to underestimating the real cost of long mortgage terms, financial experts warn that common habits could be quietly emptying your bank accounts.

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We asked money experts and behavioural scientists to reveal the biggest habits that are holding people back.

1. Not knowing what’s coming in and going out

It’s hard to feel in control of your money when you don’t know where it’s actually going.

Many people assume they have a rough idea, but the reality is that forgotten subscriptions, auto-renewing services and small daily purchases quickly add up.

Without visibility, your budget can slowly unravel, and by the time you realise, you’ve slipped into the red.

Vix Leyton, consumer expert at Thinkmoney, says the fix starts with routine: “Take time to know what your outgoings are and what is coming in.

“Some apps, like Thinkmoney, offer a snapshot of what you’re spending, and can even ringfence bill money for you so you don’t accidentally end up facing penalties and late fees.”

Even a five-minute weekly check-in can help avoid nasty surprises and highlight where cutbacks are needed.

2. Living without a savings buffer

It’s hard to save money – but not having a buffer can leave you exposed to high credit when you need cash quickly.

Whether it’s a broken boiler, a car that won’t start or a sudden cut in hours at work, not having a cushion means falling back on credit cards or payday loans just to stay afloat.

The result is a constant feeling of stress, and a budget that can be thrown off by the smallest shock.

Thomas Mathar, behavioural researcher and host of The Money:Mindshift Podcast, says a little slack goes a long way.

He said: “Even a modest buffer, like one month’s rent, can give you the breathing space to make better decisions and avoid high-cost debt.

“It’s not just about the numbers, it’s about having mental and financial slack when life throws you a curveball.”

3. Letting debt pile up month after month

More and more people have credit card debt, which means it can be easy to think it’s business as usual, especially when the minimum payments are low.

But ultimately, you’re paying interest to the bank instead of putting that money toward your own goals. Over time, that can add up to hundreds or even thousands of pounds in lost savings.

“Too many people accept credit card debt as a normal state of affairs. It’s not,” says Mathar.

“Paying down high-interest debt quickly is one of the most powerful things you can do for your long-term well being. It’s buying yourself back freedom, and peace of mind.”

If you’re juggling multiple debts, focus on the most expensive ones first and look into 0% balance transfer options if your credit score allows.

4. Having psychological armour to support you

In the age of side hustles and flashy online success stories, it’s tempting to ditch steady work for riskier pursuits.

But without a reliable income it’s hard to build long-term security.

Inconsistent earnings often mean falling behind on bills, using credit to bridge the gap, and struggling to plan ahead.

Mathar warns that it’s important to have some sort of regular income, even if you’re pursuing other hustles on the side.

He says: “A steady income isn’t just about covering bills, it’s psychological armour.

“When you’re living month-to-month or under-earning compared to your potential, the stress compounds.

“You don’t need to chase big money, but you do need income that’s ‘good enough’ to support a resilient, happy life.”

5. Leaving savings in a dead-end account

You might feel good about putting money aside, but if it’s sitting in an easy-access account earning barely any interest, your savings are losing value in real terms.

With inflation still high, the cost of leaving cash in low-yield accounts is higher than many realise.

Adam French, head of news at Moneyfactscompare.co.uk, says this mistake is all too common.

Adam said: “The likes of HSBC, Lloyds Bank, Santander, NatWest and Barclays all have easy access accounts paying around 1.1 to 1.2 per cent interest, far below the typical returns savers could expect, which is currently 3.51 per cent.”

The top performing options can pay even more, and shopping around and switching accounts only takes a few minutes online.

6. Not making the most of your ISA allowance

More savers than ever are being hit with tax bills they could have avoided.

Frozen tax thresholds mean that even modest savers can end up over the personal savings allowance, paying tax on any interest they earn.

That means, if you’re not using your ISA allowance, you’re potentially giving money away for free.

French explains: “Saving and investing are some of the best ways to build wealth over time.

“But it’s important that savers are aware of their tax liability on any profits they make – which can add up over the course of a few years.

Plenty of savers can avoid this tax bill by making use their yearly ISA allowances.

You can save or invest up to £20,000 a year tax-free, and every pound sheltered from tax is a pound that keeps working for you.

7. Only saving for retirement, and nothing else

Putting money into a pension is smart, but it shouldn’t be your only savings plan.

Many people now take career breaks, retrain, care for relatives or start businesses, and those transitions need funding too.

Mathar says ignoring this reality can leave people exposed.

“We don’t live three-stage lives anymore – education, work, retirement… A ‘transition fund’ – even just a few months’ salary – makes those big life pivots possible without financial panic.”

8. Being too harsh on yourself when things go wrong

Money mistakes happen. But too often, people fall into a cycle of guilt and avoidance, especially if they’re already struggling.

That mindset can stop you from facing your finances or reaching out for help, which only makes things worse in the long run.

Mathar believes the solution starts with self-empathy. “Here’s the truth: we’re all a bit messed up when it comes to money.

Our brains are wired for short-term wins, not long-term planning.

The goal isn’t to be perfect with money; it’s to build enough slack, mental and financial, so that one mistake or setback doesn’t knock you flat.”

9. Not overpaying your mortgage when you could

With mortgage rates still high and household budgets under pressure, many borrowers are choosing longer terms to keep monthly payments manageable.

But unless you’re also making overpayments, that strategy can come at a serious long-term cost.

French says small changes now can lead to huge savings later: “Overpaying by £200 per month on that same £250,000 40-year mortgage could shave almost 13 years off the mortgage term, saving them around £123,000 in interest payments.

“This is all without being tied to having to consistently make higher payments every single month – boosting the flexibility of their budget and their financial resilience.”

Most lenders allow up to 10 per cent overpayment each year.

Even £50 a month can help you become mortgage-free sooner and pay far less in interest overall.

A SUPERMARKET giant has made a huge change to its shops, in a boost for customers who want to pay with cash.

Morrisons has introduced 40 cash machines into its supermarkets across the UK, making it the UK’s largest non-bank network.

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A further 13 ATMs are set to launch in the coming months to make it even easier for customers to access cash.

Shoppers can use the ATMs to withdraw and pay in money as part of their regular shop.

The ATMs are now available in the following Morrisons supermarkets:

• Acocks Green
• Speke
• Eccles
• Witham
• Aldershot
• Swadlincote
• Failsworth
• Blyth
• Bideford
• Swinnow Road
• Grays Buxton
• Bishop Auckland
• Wednesbury
• Hull (Holderness Road)
• Colwyn Bay
• Bromsgrove
• Kirkby
• Ilkeston
• Dover
• Cardonald
• Bellshill
• Leyland
• Letchworth
• Carmarthen
• Castle Bromwich
• Malton Nelson
• Chippenham
• Coalville
• Oswestry
• Redcar
• Crossmyloof
• Hyde
• Partick
• Oxted
• Ebbw Vale
• Sidcup
• Small Heath
• New Milton

So far, more than £1million a month has been paid into banks using these ATMs.

The machines are operated by NoteMachine and were delivered thanks to a partnership with Cash Access UK, a company funded by major high street banks to bring cash services to communities.

Ben Mildred, treasury manager at Morrisons, said: “We’re proud to be helping make banking more accessible by offering cash deposit services in our stores.

“Customers have told us they like the flexibility and convenience the cash deposit ATMs offer and so we are pleased to be rolling them out to more stores in the coming weeks.”

The news comes after UK banks closed more than a third of branches over the past five years, leaving customers without access to banking services.

Lloyds, Halifax, NatWest and Bank of Scotland are set to shut more than 100 bank branches by the end of the year.

Elsewhere, Santander is set to close 95 branches and reduce hours at another 50.

Other ways you can access cash

There are still several ways you can access basic banking services without having to travel to another town with a branch.

If all the banks in your town have closed then you may be able to get a banking hub.

Banks visit the hub on a rotating basis, and take it in turns to use the site on different days of the week.

You can use them to withdraw cash, pay in money, check your balance and pay bills.

Another option is to visit one of the Post Office’s 11,684 branches to do basic banking tasks such as paying in or withdrawing cash.

But you will still need to visit a branch to open a new bank account, take out a personal loan or mortgage.

You can find your nearest Post Office by visiting postoffice.co.uk/branch-finder.

Many banks also offer a mobile banking service, which is when they bring a bus to your area to provide services you can usually get at a physical branch.

Other banks use buildings such as village halls or libraries to offer mobile banking services.

You should check your bank’s website to see what mobile services are available and when they might next be in your area.

New super ATMs are being rolled out across the UK where branch closures have left residents unable to access essential banking services.

These ATMs will allow customers to withdraw funds, access their balance, change PIN numbers and deposit cash.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected].

Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories

SHOPPERS who use Apple Pay or Google Pay may be at higher risk of fraud, consumer group Which? has warned.

It said the use of one-time passcodes by banks could be making people with digital wallets an easy target for scammers.

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A survey by the consumer champions found that the majority of banks are still using these security features, putting consumers at risk.

Unlike contactless cards, there is no £100 spending cap on cards added to Apple and Google Pay, so fraudsters can quickly drain victims’ accounts once they gain access to it.

Scammers normally trick people into divulging their card details by setting up a fake transaction, Which? said.

People will think they’re paying for a bargain product advertised online, or they might fall victim to a phishing message.

A common example is parcel delivery scams, where you’re asked to pay a nominal amount for re-delivery.

Scammers monitor the transaction in real time, inputting the victim’s card details into a digital wallet on their own phone.

Many banks will then ask for a one time passcode (OTP) to verify the cardholder, which the scammer then asks the victim for to complete the “transaction”.

The fraudsters are then able to drain the victim’s bank account.

Which? surveyed 15 banks and card providers about their digital wallet setup process between April and May this year, and found the majority still use OTPs sent through text message as one of the options for adding cards to a digital wallet.

Of the 14 providers that allow cards to be added to wallets (Capital One is the exception), just two banks confirmed they do not use OTPs, while a third appeared not to when Which? researchers tested the process.

Barclays, Co-op, HSBC (with its sister banks First Direct and M&S Bank), Santander and Virgin Money said they currently use SMS OTPs, though they are not the only verification option.

Starling said it still uses OTPs for setting up Apple Pay alongside other options, but it removed them from Google Pay in 2022.

TSB said it is working to set up in-app verification, but is using OTPs in the meantime.

American Express, Lloyds Banking Group and NewDay (which operates the John Lewis Partnership Credit Card) – did not outline which verification methods they use.

When Which? tested the set up processes for cards, Amex did use SMS and email OTPs, while Halifax did not and instead offered several “more robust methods” including in-app approval.

Chase and Monzo said they have never used OTPs for setting up digital wallets.

It comes after Cifas, UK Finance and the Cyber Defence Alliance previously warned about the link between OTP use and digital wallet fraud.

Providers can also limit how many wallets a card can be added to overall, or within a certain time period, but most banks do not implement these restrictions.

Virgin Money allows an individual card to be added to a maximum of five devices.

Starling with a total limit of 15 devices, while Monzo customers can only add their Monzo cards to a digital wallet twice in a 24-hour period and three times every 30 days.

However, Which? said that even with these limits in place, consumers can still fall victim to scammers as they only need to add one card to a digital wallet to start spending.

Which? Money deputy editor Sam Richardson said: “For millions of us, digital wallets are a quick, easy and secure way to make payments, but weaknesses in card providers’ security means they can also be a gift to scammers.

“Banks have known for years that using one time passcodes (OTPs) to verify account holders is leaving consumers vulnerable.

“It’s clear further investment is needed to make the digital wallet set-up process fit for the threats consumers face in 2025.

“In the meantime, we’d caution shoppers to always think twice before sharing their payment details – or OTPs – online.

“If you think you’ve been a victim of a scam, contact Action Fraud and your bank immediately.”

Apple told Which? it is not responsible for approving or rejecting the addition of a card to Apple Pay, or for approving or rejecting transactions.

It said that it takes users’ security seriously and Apple Pay has been designed in a way to protect users’ personal information. 

A Google spokesperson said: “Security is core to the Google Wallet experience and we work closely with card issuers to prevent fraud.

“For example, banks notify customers when their card has been added to a new digital wallet, and we provide signals to help issuers detect fraudulent behaviour so they can decide whether to approve added cards.” 

An American Express spokesperson said: “Privacy and security are a priority for American Express.

“We have controls designed to protect customer accounts and guard against unauthorised fraudulent activity, and if we identify activity that may be fraud, we will take protective actions.” 

Barclays said that the verification method used for adding a card to a digital wallet will depend on the user journey. It said it does not currently have plans to phase out use of OTPs.

Co-Op Bank said it monitors for fraudulent registrations through its fraud detection systems and has multiple strategies in place to detect digital wallet fraud. It does not currently have plans to phase out use of OTPs.

HSBC said it has no immediate plans to phase out OTP delivery for adding cards to digital wallets, however, it keeps its digital wallet provisioning process under review.

Lloyds said it has invested millions of pounds in multi-layered fraud defences, and continues to regularly review its authentication methods.

Nationwide said that it has multiple layers of protection in place to keep its customers safe from fraud including warning messaging, AI models and sophisticated internal analytics. It is currently exploring alternatives to OTPs.

Natwest said it regularly reviews its customer experience and authentication to ensure security, and said it is reviewing how it uses OTPs.

NewDay declined to comment.

Santander said it is looking at other forms of authentication, and other security measures, which may be less visible to a user than the mechanism used for two-factor authentication.

Starling said it currently only uses OTPs for Apple Pay, and removed this option from Android phones in 2022.

TSB told Which? that it is working closely with card and wallet providers to implement approval via the TSB Mobile App. In the interim, OTP verification is accompanied by the necessary risk verification, alongside fraud controls to keep customer details safe.

Virgin Money said its fraud team has heightened monitoring and controls around digital wallet fraud. It also said that it is looking at in-app verification as an option but has no current plans to phase out use of OTPs.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected].

Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories

A BIG high street banking chain is axing a lifeline service for all customers within weeks.

M&S Bank is stopping customers from paying off their credit card bills in-store, by cheque, or using bank giro credit – a move campaigners say will make life harder for older and vulnerable people.

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The bank, run as a joint venture between HSBC and M&S since 2004, had already paused in-store credit card payments back in April.

Now, the decision has been made permanent, according to This is Money.

To make matters worse, a letter sent to customers confirmed that from October, payments by cheque or giro credit will no longer be accepted at banks, building societies, or post offices.

The decision has caused a stir, with critics claiming it’s yet another blow to older people who are being left behind in an increasingly digital world.

Baroness Ros Altmann, a pensions expert, said: “You’re pushing away your most loyal, older customers who’ve probably shopped with you for decades.

“It might only be a minority who use these methods, but with M&S Bank’s huge customer base, it’s still a lot of people.

“These changes tend to hit older folks hardest.

“Many don’t have access to online banking or smartphones, and some prefer cash to help them budget better.”

M&S Bank currently offers credit cards, personal loans, travel insurance, store payment cards and a buy now pay later credit to over three million UK customers.

Caroline Abrahams, Age UK’s charity director, also raised concerns.

She highlighted research showing that 27% of people still manage their accounts through branches, while 31% feel uneasy about banking online.

“Reducing payment options will limit some older people, especially those who aren’t online or who prefer cash,” she said.

M&S Bank has defended the decision, saying only “1%” of customers use these older payment methods.

A spokesperson said: “Most customers are choosing to use digital channels for their banking needs.

“We’ve introduced a pay-by-bank option via the M&S Bank app, alongside direct debit and bank payments, to make things easier for them.”

They added that the axed options were “legacy payment methods” and pointed out that customers can still pay at a bank, but giro forms will no longer be printed with statements.

M&S Bank used to offer current accounts prior to 2021.

However, the bank closed this product offering on August 31, 2021, in a shock move that also resulted in the closure of all 29 in-store bank branches on July 2 of the same year. 

Since the shake-up, the bank has completely shifted its focus to credit cards, insurance and reward offerings.

What other banking changes are coming?

NatWest is making changes to its business current accounts by increasing fees for cash payments, cheque transactions, and certain online transfers.

From August 30, cash payments into and out of business accounts will see their fees surge from 70p per £100 to 95p per £100. 

Cheque payments, whether processed by hand or via mobile, will also jump from 70p to 75p per cheque.

The bank is also increasing some charges related to its BACS payment system.

The BACS system is a UK payment network used by businesses to make electronic bank-to-bank transfers, such as Direct Debits and Direct Credits.

The fee for processing each individual payment or instruction, will soon rise from 18p to 21p.

The cost to process a file containing multiple payments or instructions will also increase slightly from £5.25 to £5.35.

Meanwhile, Santander is closing its 123 Lite current account, which offers up to 3% cashback on household bills for a £2 monthly fee, on August 21.

Customers affected by the closure will be automatically switched to Santander’s Everyday Current Account.

This account has no monthly fee but does not include cashback benefits.

Plus, new customers applying for the bank’s Edge Credit Card will now face a monthly fee of £4, an increase from the previous £3.

Plus, customers of Lloyds Bank, Halifax and Bank of Scotland will soon lose the ability to deposit their cheques at any of the 11,500 Post Office branches nationwide.

From December 31 this year, Lloyds Banking Group will withdraw this service for all customers.

THE SKINT celebrities that are struggling to make ends meet – from Dawn O’Porter to Mischa Barton.

Even if you have made lots of money, it doesn’t always mean you’re not going to run into money problems as these celebrities have found out.

Mischa Barton

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The OC actress Mischa, 39, has had a widely-publicised battle with her former momager, Nuala Barton, over her money.

In July 2015, she even sued her mother, alleging that she lied about how much Mischa was being paid for a film role and pocketed the rest of the cash herself.

She’s also struggled to make mortgage payments on her home in the past, at one point falling five months behind.

Though she eventually sold the Beverly Hills mansion in summer 2016 for $7.05 million reports The BBC.

Dawn O’Porter

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Her husband is one of Hollywood’s biggest comedy actors, but despite this, Dawn O’Porter has revealed she is struggling to make ends meet financially.

The television presenter, 46, who has been married to Bridesmaids actor Chris O’Dowd since 2012, has opened up about her money woes.

She expressed to MailOnline: “I work pay cheque to pay cheque. I’m always broke. My card got declined last week. I’m like, what the f*** is happening? When will this end?”

The Scottish writer and director has had a varied career, presenting several documentaries and shows including BBC’s Super Slim Me and How To Look Good Naked on Channel 4.

Meanwhile, Chris, 45, has starred in some of Hollywood’s biggest productions, including This Is 40, Thor: The Dark World, Gulliver’s Travels and St. Vincent.

The couple have two children, sons Art, 11, and Valentine, who is eight years old.

Lindsay Lohan

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The Parent Trap’s Lindsay Lohan had her bank accounts seized in 2012, for reportedly owing $234,000 in tax.

Lindsay apparently sent her 18-year-old sister to haggle with second hand stores to make some emergency cash from her old clothes.

Ali Lohan went to the vintage clothing store Wasteland to flog the singer’s most valuable designer gear.

Ali was seen arriving at the Los Angeles store with bags bursting with shoes, clothes and accessories.

But she was reportedly shocked when she was offered a lot less than she was expecting.

She tried another tactic to increase the value of the items by listing all the occasions her famous sister had been pictured wearing them.

She went through items including a pair of Chanel pumps and a Balenciaga handbag, saying: “These have to be worth more, Lindsay was photographed wearing them, that has to add value.”

But the manager would not be swayed, and Ali had to settle much lower than she had planned.

Her Scary Movie 5 co-star, Charlie Sheen, gave her $100,000 towards the bill and Lindsay now appears to have her finances under control.

50 Cent

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50 Cent declared himself bankrupt in 2015, but said the move was a ‘strategic’ one, and not because he’d spent all of his money.

He made the decision after he was sued for leaking a sex tape of Lastonia Leviston, who has a child with his rap rival Rick Ross, and didn’t want other people to follow suit.

He told US talk show host Larry King in 2015L “It’s a move that was necessary for me to make at this point.

“So I didn’t allow myself to create that big red and white bulls eye on my back, where I become the person that people consistently come to.”

He still had to pay off debts of more than $22 million, though, with $6 million going to Lastonia for invasion of privacy.

Shane Richie

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Back in 2020, the EastEnders legend said the coronavirus pandemic hit him hard and left him begging friends and family for loans.

Shane revealed how the pandemic and years of daft spending had left him “literally skint.”

At the time he was relying on loans from friends and family, and government help to pay his mortgage.

He told the Mirror at the time: “I was going on tour, doing a TV series and panto but it all got cancelled in March. Now I am literally skint!

“You save for a rainy day but you don’t expect the rainy day to last eight months. Thankfully, I’ve been able to borrow money from mates, my family and the bank.”

He added: “I got rid of my car but only cos I lease a car for my wife for the school run. I can get around on a moped.

“I am alright, I have had a career and if it all finishes tomorrow, so be it. If the worst comes to the worst, I’ll do stand-up or resurrect a musical.”

Shane also revealed that he blew thousands on the strangest things, in particular Planet of the Apes memorabilia.

He said: “It was my favourite show as a boy, I couldn’t resist. It harks back to Christmases when mum and dad couldn’t afford much.”

However, after his stint on I’m a Celeb and back on our screens in EastEnders, we are sure Shane’s finances are in much better order now.

Courtney Love

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In April 2014, Courtney was hit with a $320,000 tax bill, as well as being ordered to pay $96,000 to a fashion designer she defamed on Twitter.

Later that year, the singer told the Sunday Times, “I lost about $27 million.

“I know that’s a lifetime of money to most people, but I’m a big girl, it’s rock ‘n roll, it’s Nirvana money, I had to let it go.

“I make enough to live on, I’m financially solvent, I focus on what I make now.”

And back in 2021 according to official tax records, the Hole lead singer had five outstanding tax debts that have accumulated from 2017 to 2021. 

The iconic artist was hit with three outstanding Internal Revenue Service liens, totaling $1.9 million, while the rest of the debt was owed to the State of California.  

At the time, a clerk at the Los Angeles County Registrar-Recorder’s office confirmed to The Sun that all of the liens remained outstanding and were unpaid.

Dawn Robinson

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Dawn, found early fame in the ’90s alongside Terry Ellis, Cindy Herron, and Maxine Jones for their work as R&B group En Vogue.

With seven Grammy nominations under their belt, the foursome are considered one of the most successful R&B girl groups of the past quarter-century.

But now Dawn has revealed that she’s been living in her car for the past three years.

She has likened it to a “camping trip” that’s helped her feel more “free.”

The singer said in a recent video posted to her YouTube channel: “You guys, for the past three years, I have been living in my car.

“I said it, oh my gosh, it’s out,”

The Grammy nominee explained that she was living with her parents for a while in Las Vegas before the situation became unfavourable.

She eventually moved back to Los Angeles after her manager suggested she move in with him for a bit.

But the home was too small so Dawn ultimately resided in a hotel for eight months before deciding to research “car life.”

Following her search, the singer began living in her car in 2022 and said that she “felt free.”

She added: “I felt free. I felt like I was on a camping trip. It just felt like it was the right thing to do.

“I didn’t regret it. You know, a lot of celebrities have lived in their cars.”

The singer admitted that though the experience is sometimes “scary” she’s learned “what to do in my car and how to do it, like, how to cover my windows and you don’t talk to certain people.”

She explained: “You’re careful of telling people that you’re alone, as a woman especially.”

Her candid confession comes weeks after her former band – En Vogue – announced that they would soon be embarking on a European tour.

Cat Power

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Charlyn Marie “Chan” Marshall, better known by her stage name Cat Power, is an American singer-songwriter.

She spent a lot of her own money on recording 2012 album, Sun.

Then, when it came time to tour Sun, she took to Instagram to share some bad news with fans.

She wrote: “I may have to cancel my European tour due to bankruptcy & my health struggle with angioedema.

“I have not thrown in any towel, I am trying to figure out what best I can do.”

The tour was indeed postponed, with Chan later adding: “The American tour has been wonderful and amazing, and with me being unable to afford to bring my show with full production (which i helped create), to Europe.

“Financially, really dumped a huge additional amount of stress on me as I was and still am fighting trying to get tour support.”

A MAJOR high street bank has become the latest British lender to quit the Net Zero Banking Alliance, the bank said on Friday.

Barclays argued that the departure of several global lenders has left it no longer fit to support the bank’s green transition.

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Barclays’ decision to quit the foremost banking alliance focused on tackling climate change follows on from HSBC and several major US banks.

It also raises questions about the ability of the group to influence change in the sector going forward.

The bank said in a statement on its website: “After consideration, we have decided to withdraw from the Net Zero Banking Alliance.”

It added that its commitment to be net zero by 2050 remained unchanged and that it still saw a commercial opportunity for itself and its clients in the energy transition.

Earlier this week Barclays published the first update on its sustainability strategy in several years.

It said the bank made £500 million in revenue from sustainable and low-carbon transition finance in 2024.

Jeanne Martin, co-director of corporate engagement at responsible investment NGO ShareAction called the decision to leave the Net Zero Banking Alliance “incredibly disappointing and a step in the wrong direction at a time when the dangers of climate change are rapidly mounting.”

Barclays said the alliance was no longer fit for its purpose: “With the departure of most of the global banks, the organisation no longer has the membership to support our transition.”

The Net Zero Banking Alliance, a global initiative launched by the United Nations Environment Programme Finance Initiative, lists more than 100 members on its website – including leading international financial institutions.

A spokesperson for the alliance said it remains focused on “supporting its members to lead on climate by addressing the barriers preventing their clients from investing in the net-zero transition.”

It comes after it was announced that Barclays is slashing interest rates on its popular Rainy Day for the third time in less than seven months.

From August 4, the interest rate for balances up to £5,000 will fall from 4.61% to 4.36%.

The Rainy Day Saver account, which offers easy access to funds, has been a favourite among Barclays‘ 20 million customers.

It is designed for balances up to £5,000, with savers earning the higher rate on the first £5,000 – currently 4.61%.

Savings above this threshold earn just 1% interest, but customers benefit from instant access to their money at any time.

At the current rate, holding £5,000 in the account would earn you £230.50 in interest over 12 months.

However, when the rate drops to 4.36%, this will fall to £218 – a loss of £12.50 per year.

Once boasting a competitive 5.12% interest rate earlier this year, Barclays has steadily chipped away at its appeal.

In February, the rate dropped to 4.87%, followed by another cut in April to 4.61%.

In February, the bank reduced the rate to 4.87%, followed by another cut in April to 4.61%.

Now, just months later, rates are set to drop again, leaving savers questioning whether to stick with the account or explore better options elsewhere.

How Barclay Card Changes Could Affect You

ANALYSIS by Consumer Reporter, James Flanders:

Barclaycard’s change to its credit card repayment structure sounds great if you don’t dig into the details.

After all, Barclaycard says it’s “making the changes to give you greater flexibility each month”.

In practice, it means that if you can’t afford to pay off your balance in full at the end of each statement period, you can repay much less under the minimum repayment option than you have done previously.

If you only pay the minimum amounts on occasion, this is super useful.

But if you rely on this type of repayment plan in the long term, it could will cost you hundreds of pounds extra in interest.

It could also negatively affect your credit file as it’ll take you much longer to clear your debt.

More interest will be applied to your outstanding balance, too, as less is paid down each month.

For example, if you have a balance of £5,000 on a Barclaycard at 24% interest, where you only make the minimum payments and don’t spend on the card.

Under the old “2.5% of the balance plus the interest charged” rule, it would take around 14 years to clear the balance.

In total, you’d expect to pay about £3,500 in interest.

But with the new “1% of the balance plus the interest charged” calculation, it will take over 30 years to clear the same balance.

You’d then end up paying a whopping £8,500 in interest.

Before taking out a new credit card or increasing the amount you borrow, it’s vital to consider the consequences.

You should only borrow money if you can afford to pay it back.

It’s always vital to ask yourself if you actually need to borrow before committing to a new credit card, personal loan or overdraft.

If you use a credit card, I’d recommend that you always pay off your balance in full at the end of each statement period.

Lenders have a responsibility to help customers who are in debt.

If you’re in a debt crisis, your first point of call should be your lender.

They might help you out by offering you a reduced interest rate or a temporary payment holiday – so check in with your lender if you’re struggling.

Netflights travel expert Amanda Parker tackles the viral ‘free upgrade’ flight myth that’s circulating TikTok, offering three alternatives to boosting your luck for freebies

A travel expert has addressed a popular TikTok hack that promises to upgrade your flights for free. With the trend going viral this summer as jetsetters buckle up for a holiday abroad, Brits are desperate to know just how to save their coins whilst maxing out their luck.

One flier has circulated on TikTok, accumulating over 2.5 million views for sharing his means of a free upgrade. He said: “A little charm and confidence go a long way”. Instructing viewers to go to the lengths of buying chocolates at the airport and boarding last, the user suggested fliers charmingly gift the flight attendants upon board for a magical free upgrade.

READ MORE: Least crowded European beach holiday destinations revealed as UK beauty spot makes Top 5

Splitting viewers in two over whether this trick really works or not has led to flying experts at Netflights coming forward to shed light on this gift-theory and whether sweet-talking is worth a shot.

Netflights’ Amanda Parker said: “The travel hack of buying flight attendants a gift, and sweet-talking them when boarding the plane has gone viral. Kindness will always be appreciated by airline staff, so small gestures like snacks or gifts won’t go unnoticed.

One TikTok comment shares, “as ex-cabin crew I can confirm this works”. However, the chances of receiving a complimentary upgrade just by handing over a box of chocolates might be slim”.

She went on, saying: “Free upgrades are usually determined by strict criteria, including frequent flyer status, ticket class, availability, and airline policies, unfortunately, not by last-minute sweet talk as you board the plane!”.

“The gift and sweet-talk hack may work, so it’s worth a try; but, we warn you not to get your hopes up, as these moments are the exception, not the rule! You may just strike lucky if your flight attendant likes chocolate M&M’s!”

As an alternative, Netflight provided their expert tips on how to really up your chances of that sought-after upgrade and ‘freebies’:

Join loyalty programmes

Frequent fliers and loyal customers are most likely to bag the free upgrades so take advantage of all those summer trips by joining an airlines reward scheme. Netflight adds that “even if you don’t fly frequently, some credit cards allow you to earn points that count towards upgrades. Over time, this can significantly boost your chances of an upgrade”.

Travel in off-peak periods

You can boost your luck by traveling in off-peak hours and days. Less popular times mean flights are quieter, therefore there are more Premium seats available – your chances suddenly peaking. Netflight suggests “to avoid flying in school holidays and Friday evenings or weekends” and to opt for “midweek flights at midday” as they are “typically quieter”.

Be polite and have good manners

Seems simple but whilst politeness won’t equal an instant upgrade, they never hurt. Staff should always be treated with respect, no matter whether you’re pinning for that upgrade or not. That being said, Netflight agrees that “being kind can make you stand out, so a small gift like chocolates might be remembered”. Either way, your flight attendants will definitely appreciate it.

It has been named Europe’s most expensive city to drink in, with the average cost of a pint in the seaside town coming in at a whopping £6.30, according to new research

A beloved UK coastal town has officially claimed the title for Europe’s priciest pint, knocking London off the top spot. Research conducted by credit card company Aqua reveals that Brighton boasts the costliest pints among 50 European cities.

In Brighton, you’ll be shelling out an average of £6.30 for a pint. London trails closely behind in second place with an average pint price of £6.20, while Cambridge takes third place with an average pint costing £6.

Despite its steep drink prices, Brighton remains a highly sought-after holiday spot.

Renowned for its vibrant music scene, delectable food and, naturally, its beach, Brighton is an ideal choice for a day trip – though it’s easy to extend your stay.

Time Out recently hailed Brighton as one of the top 50 cities worldwide, and it’s not hard to see why.

Attracting a whopping 11.8 million visitors from England alone each year, its quirky five-mile-long promenade is perfect for a leisurely stroll.

You’ll find karaoke bars, eateries, independent shops and, of course, a plethora of pubs, reports the Express.

Not to mention the grand Royal Pavilion, a true architectural wonder that began construction in 1787.

Constructed in the Indo-Saracenic style inspired by Indian architecture, this pavilion served as a seaside retreat for Prince George of Wales in 1811, who later became King George IV in 1820.

Today, the building welcomes the public for tours, and its stunning gardens are simply unparalleled.

If shopping is more your cup of tea, then a trip to The Lanes is a must. These winding streets are brimming with coffee shops and vintage markets where you can happily lose yourself.

For those seeking a touch of the great outdoors, just a stone’s throw from the town centre lies the UK’s largest dry valley.

Devil’s Dyke offers an idyllic setting for a leisurely stroll through the breathtaking rolling green hills, and it’s a splendid spot to catch a sunset.

A study of 2,000 adults found that on average they are utilising three hacks on a typical holiday – with two thirds getting tips from friends and family

Nearly half of Brits fancy themselves as ‘travel hackers’, employing savvy strategies to get the most out of their holidays, according to a study commissioned by Virgin Red. The company joined forces with Race Across The World champion, Alfie Watts, to dish out some expert travel advice.

The survey revealed that among the top tactics used by holidaymakers are booking flights on weekdays, bundling hotel and transport costs, and using loyalty points for upgrades. Other popular hacks include leveraging credit card loyalty programmes to accumulate points, timing purchases for optimal deals, and browsing for flights in incognito mode to keep prices low.

Once the getaway is secured, travellers have more tricks up their sleeves, such as rolling clothes to maximise suitcase space, packing snacks to sidestep airport price hikes, and always having a portable charger at hand.

Alfie Watts himself embarked on an epic journey across three continents in just 72 hours, all thanks to Virgin Red reward points. He said: “Travel doesn’t have to break the bank, especially if you are using travel hacks and this trip proves it.”

Covering a staggering 9,000 miles, he secured accommodation using points that can be racked up through daily activities like shopping and commuting. These points can also be snagged when booking holidays, a trick nearly half of those surveyed regret not using on past trips.

“It’s not just about the flights – it’s the little hacks that make a big difference,” Alfie added. “I normally pack light to avoid pricey hold luggage fees and I also use an eSIM to stay connected without needing to switch out my physical SIM.

“I learned from previous experience that sometimes a long-haul flight pays off when the cost of living at your destination is super low, which helps to balance out costs.”

He also mentioned that renting a car and seeking advice from locals provides him with the flexibility to venture beyond typical tourist hotspots.

According to the study holidaymakers use an average of three money-saving tricks per trip, with two thirds receiving suggestions from relatives and mates.

A quarter of those surveyed admitted that certain tricks had swayed their choice of destination. These included uncovering cheaper alternatives, spotting hidden gems and selecting places with simpler visa processes.

Vicki Simpson from Virgin Red commented: “The research has shown that travellers are always keen to utilise hacks where possible.

“Alfie’s trip shows how far loyalty points can get you. Reward points give travellers the chance to fast track their travels while slowing their spending.

“Whether it’s a short weekend away or a once-in-a-lifetime adventure, these smarter ways to travel can undoubtedly make a difference.”

Failing to carry out one check before flying could scupper your holiday plans.

An expert has warned Brits planning a holiday abroad to do one thing or risk having their summer plans ruined. Consumer journalist Alice Beer urged travellers to check their passport in advance.

This includes checking it for any potential damage as well as its expiry date. This needs to be done as soon as possible to allow time for a replacement travel document to arrive.

Speaking on ITV’s This Morning, Alice explained: “If you’re planning on making the most of the school holidays and getting out of here, the minute your kids break up, you have got to do one thing and check your passport. Not just your passport, all the family’s passports and you’re checking for some really key things.”

If your passport is damaged you could get turned away at the airport. HM Passport Office will consider your passport damaged if:

• You cannot read any of your details
• Any of the pages are ripped, cut or missing
• There are holes, cuts or rips in the cover
• The cover is coming away
• There are stains on the pages (for example, ink or water damage)

Alice continued: “One, check they’re not damaged. I saw someone on Instagram whose airline had stuck the luggage tag on the photo page of their passport, when they came to peel it off it damaged it.

“And she didn’t know, is this good to fly, is this not? So she spent a week, she got the fast turnaround passport. Cost her a couple of hundred quid, just in case.”

On top of potential passport damage you need to be looking at its expiration date. Alice said: “So, you’re looking for how many months have I got to run, how many months do I need on my passport to go where I’m going, you’ll find that on the Government website.”

Some countries require that your passport has at least another three or six months left on it by the end of your holiday. Before flying you should therefore check the individual requirements of each country.

However, some countries, including in the EU, don’t accept a passport that is more than 10 years old. “Is my passport, more than 10 years old?” Alice said.

“This keeps coming up, time and time again. If you renewed your passport, and you’ve got a carry over of extra months, you might find your passport is currently more than 10 years old.

“That will not get you entry into some countries and you’ll simply turned down at the gate. So check your passports, check everyone’s passports for damage and for validity.”

A standard passport renewal takes around three weeks. You can apply either online or via the post.

Online passport application

To apply online, visit gov.uk/apply-renew-passport. Key requirements include a digital photograph, a valid payment method (credit or debit card), and the old passport for renewal applications. Additionally, applicants must provide proof of identity and citizenship.

The application fee for adults stands at £94.50, while children’s passports cost £61.50.

For those requiring assistance with the online application, local Post Office branches are available to offer support. Their staff are equipped to:

• Capture your digital photo
• Assist with completing the application online

However, be aware that this service incurs an additional charge.

For postal applications

You can get a paper passport application from a nearby Post Office to apply by post. Keep in mind, applying via post generally takes more time than submitting an application online.

You are required to dispatch a fully completed application form along with your supporting documents, two photographs, and the necessary fee.

Post Office team members can assist in ensuring your form is accurately filled out – though you must supply your own photos. Note that this service will cost you extra. Payments can be made with cash, or through debit or credit card transactions.

Fast-track applications

If three weeks is cutting it too close with your holiday, there are two ways to apply for an urgent passport.

GOV.UK says: “You can pay to get a passport urgently if you think the standard service will take too long.” For both of these options you will need to go to a passport office for an appointment:

• One day premium – This service costs £222 (or £235 for a 54-page frequent traveller passport)
• One week fast track – £178 for an adult passport (or £191 for a 54-page frequent traveller passport), or £145 for a child passport (or £158 for a 54-page frequent traveller passport)

For more information, visit gov.uk/renew-adult-passport.

Martin Lewis shared a handy tip for holidaymakers who are keen to keep costs down when it comes to dining out abroad and it all comes down to how you pay

Money Saving Expert Martin Lewis has shared a nifty tip for globetrotters seeking to pinch their pennies – particularly when dining or drinking out overseas, and it all comes down to your mode of payment.

On his latest instalment of The Martin Lewis Podcast on BBC Sounds, the financial guru offered key advice for those opting to use cards. In an intriguing segment titled “Should you pay in Pounds or Euros on plastic abroad?” Martin reveals his insider knack for cutting costs.

Encountering the option to pay in either the local currency or Great British Pounds at checkouts and ATMs is common, prompting a decision every traveller faces. Martin, however, asserts that there’s indeed an optimal choice here.

Martin advised: “Well the correct answer is you should always pay in Euros or whatever the local currency is, because that means it’s your plastic that’s doing the exchange rate conversion, not the overseas shop or ATM.”

For getting true bang for your buck, Martin suggests acquiring a specialised overseas debit or credit card that offers “near perfect exchange rate” – a savvy move for any thrifty traveller, reports the Express.

He elaborated: “But even if you don’t have one of those, then even your bog standard UK credit or debit card that’s adding about a three per cent fee onto the exchange rate, in all the experiments I’ve done and when most people go abroad, they do a pub crawl, I do an ATM crawl to check these rates.”

Summing up his findings, he said: “In all the experiments I’ve done, even a bog standard UK card is beating most overseas ATMs, or shops exchange rates so you want it to do the conversion which means you must always pay in the local currency.”

His advice was clear: “Pay in Euros, pay in dollars, pay in Dong if you’re in Vietnam.”

Martin Lewis and the team at Money Saving Expert have detailed a number of the best travel credit and debit cards available. Find more information, here.

If you want ideas and inspiration to plan your next UK adventure plus selected offers and competitions, sign up for our 2Chill weekly newsletter here

The money saving guru has settle the debate on what currency you should pay in when you’re overseas – and it appears that many people have been making a costly mistake

Martin Lewis has finally weighed in on the age-old holiday conundrum, revealing whether it’s wiser to pay in pounds or local currency on your credit card abroad. Sharing his expert advice with BBC audiences, he unravelled the mystery, advising on the best payment method to save money while jetting off.

Martin advised: “When you go abroad and you pay on plastic [card] and the overseas cash machine or shop asks you: ‘Do you want to pay in pounds or euros?’ What do you do? Well, the correct answer is you should always pay in euros or whatever the local currency is. That means it’s your plastic that’s doing the exchange rate conversion, not the overseas shop or ATM.”

He emphasised that this holds true globally.

Social media users chimed in with their tips and personal experiences too. One user suggested: “Just get Revolut or Monzo.”

Another declared: “I use Starling Bank it has no fees abroad and recommends paying in the local currency instead of pounds. Something I saw online about dynamic exchange rate and it can cost you more otherwise.”

A third added: “Revolut has always been the best on doing this, can exchange right in the app a swell, and when withdrawing it’ll just take it straight from that, half the time the only fee is the cash fee by the machine you use.”

READ MORE: Martin Lewis urges Brits to remember ‘ASAB’ rule when booking holidays

Meanwhile, a recent traveller shared their experience: “Just back from Spain and not a single ATM did free cash withdrawals either, thankfully that’s all I was charged with my Chase account.”

One savvy traveller remarked: “I just get euros before I go anywhere save all the hassle, and if I’m really stuck for cash go into an actual bank on holiday and withdraw money on my card.”

This tip follows the advice from a money-saving guru who emphasised the urgency to secure travel insurance ‘ASAB’.

While speaking on This Morning, the financial expert shared, “My travel insurance rule is get it ASAB (as soon as you book). People do get a little confused about this, so let’s break it down.”

He went on to instruct: “If you’re getting a single trip policy, so that is a policy to cover just one holiday, then what you do is as soon as you book, you go on one of the travel insurer’s website, you tell it your holiday dates and you buy the policy then.”

Martin Lewis explained that if your holiday is in August and you’ve booked in January, securing your insurance in January is equally important.

“That means you have the travel insurance in place to covers that holiday,” he said, adding: “You don’t need to [cover yourself] for extra dates [in case there’s a delay at the airport] because you have your return date.

“If something delays you, so you weren’t back, that would still be covered because that delay is all part of the travel insurance.”

You could be hit with some unexpected extra fees.

Martin Lewis has issued an urgent alert to Brits about the use of credit cards while on holiday. The finance expert has drawn attention to the potential hazards of withdrawing cash with this type of card.

Figuring out the most cost-effective way to spend money while on holiday can be a challenge. Some countries still largely rely on cash, whereas others are more open to card and mobile payments.

And in certain destinations, such as Morocco, it’s not possible to get local currency before leaving the UK. Regardless of where you’re headed, Martin strongly discourages using your credit card for cash withdrawals.

On his website Money Saving Expert, he expanded on his guidance. Martin said: “Withdrawing cash on a credit card abroad?”.

As reported by GlasgowLive, he highlighted that this habit could have a detrimental effect on your credit score. “It could impact your credit rating,” he further explained.

“We get this question a lot, as we warn against credit card ATM withdrawals in the UK, as it risks high interest and many lenders see it as a debt-problem indicator.”

However, infrequent use of this method is generally not an issue. He stated: “Yet if you only do it occasionally abroad on a specialist card, it’s not a biggie, just don’t overdo it and pay it off in full” He also mentioned that in some countries, using a UK card can be a “bit trickier”.

This includes:

• In Japan, you may need special ATMs to use international cards
• In China, hotels take cards, but elsewhere Alipay is easier
• In India, some shops and restaurants won’t take international cards

As well as using credit cards for cash withdrawals he also advised against using them to top up prepayment cards. He clarified: “You’ll likely pay fees and interest.

“Most credit-card providers count these as a cash transaction – so charge withdrawal fees and interest. It’s always better to use a debit card if you can.”

For those planning a holiday and seeking to exchange currency beforehand, MSE’s online travel money comparison tool here can be a handy resource.

The strength of the pound against most other currencies has boosted Brits’ spending power when they head abroad this summer, research had found, in some cases by a lot

Millions of Brits planning foreign holidays this summer will be quids in thanks to the pound’s strength, a recent report has found.

Sterling’s gain against a host of currencies has boosted families’ spending power – in some cases by a lot. For instance, the pound’s 30% rise against the lira in the past year means holidaymakers jetting to Turkey will have a bumper £116 more to spend for every £500. That is equivalent to a couple of three course meals for two, with wine, in the Turkish resort of Marmaris, plus four beers. Those considering a long-haul break to Mexico will have almost £57 per £500 extra thanks to a near 13% increase against the peso, according to the Post Office Travel Money’s Holiday Spending Report.

It reveals that the UK pound is stronger than a year ago against 25 of the 30 currencies and has gained ground against 80% of them since March. Others in the top 10 list of spending power gainers include Egypt, Australia, and New Zealand.

Brits thinking of a trip to the States will also get more bang for their buck thanks to sterling’s 6.6% rise against the US dollar, meaning they would have almost £31 per £500 more to spend than this time last year. Despite that, many people are seemingly having second thoughts about going on holiday to the USA. The main concern is that US President Donald Trump’s trade tariffs will mean higher prices – cited by 78% of those polled – rather than his politics in general.

Those heading to Europe will also be better off, though not by so much. Sterling is just 0.9% up against the euro year-on-year, meaning Brits have £4.50 per £500 more spending power across the pond than last summer.

The Post Office report also found a sharp rise in the number of people planning trips abroad. Two-thirds of those surveyed said they intend to take a foreign holiday this year , with more than half having already booked their trip. That is despite growing concerns voiced by nine-in-ten of them about whether they have enough money to afford the trip. Over three-quarters said exchange rates were a big concern for them.

When it came to people’s views on the best value destinations, Brit-favourite Spain came top, followed by Turkey, Thailand, Portugal, Greece and Italy. When it came to their trip abroad, 82% of holidaymakers said they had set a budget averaging £377, but most admitted overspending.

Laura Plunkett, head of travel money at the Post Office, which accounts for one-in-four UK foreign exchange transactions, said: “This year’s holiday spending research again demonstrates that holidaymakers don’t always set a realistic budget and overspend by large amounts as a result. It’s great to hear that holidaymakers are already planning to budget more for their holidays this year, to avoid coming unstuck when they arrive at their destination.”

The report also found that many holidaymakers are paying over the odds for transactions abroad. While it advisable to carry some cash overseas, one-in-five in the survey said relied solely on plastic to pay for purchases, and just over a quarter changed less than £100 into foreign currency.

As a consequence, holidaymakers can into difficulties. From the poll, 7% said they had tried to pay a restaurant, shop or bar bill with a credit card, only to find that it was not accepted.

More than one-in-ten also fell foul of a practice known as Dynamic Currency Conversion by agreeing to pay on their card in sterling rather than local currency, incurring unnecessary transaction charges as a result.

Ms Plunkett said: “Paying on a debit or credit card may seem like a convenient way to pay for things while abroad, but our research suggests that this can be a costly practice. Far too many holidaymakers told us that they paid significantly more than they anticipated because of the transaction charges made for using credit and debit cards at an overseas ATM.”

It was announced yesterday that only British Airways Premium Plus American Express cardholders — not those using the free British Airways American Express card — can now earn up to 2,500 tier points per year when using their card for everyday spending

A major update on British Airways’ tier points scheme has been announced.

Following the airline’s recent overhaul of its loyalty scheme, British Airways and American Express customers have been eager to find out how many tier points they can now earn with the British Airways Premium Plus Amex card.

It was announced yesterday that only British Airways Premium Plus American Express cardholders — not those using the free British Airways American Express card — can now earn up to 2,500 tier points per year when using their card for everyday spending.

The number of tier points you earn annually determines your membership level: blue, bronze, silver, or gold. Everyone starts at bronze, and can progress through the tiers based on how much they spend.

Higher-tier statuses unlock perks such as complimentary seat selection, priority check-in, additional baggage allowance, and access to British Airways’ airport lounges.

READ MORE: British tourist’s reaction on Benidorm holiday from hell when strangers were in her hotel room

Here’s how many Tier Points are required for each level:

• Bronze – 3,500 Tier Points
• Silver – 7,500 Tier Points
• Gold – 20,000 Tier Points

To reach silver, you could spend £5,000 on British Airways flights and holiday packages — each pound spent earns one tier point. The rest of the required points could be earned through spending on the British Airways Premium Plus Amex card, if you have one.

Here’s how the new tier point earning system works for cardholders:

• 750 tier P=points are awarded when you spend £15,000 after enrolling in the offer.
• An additional 750 tier points are awarded after spending a further £5,000 (total: £20,000).
• A final 1,000 tier points are awarded after spending another £5,000 (total: £25,000).

This brings the maximum total to 2,500 tier points earned via everyday spending. If this sounds confusing, there’s more: the tier points system is separate from Avios points.

Tier points determine your membership level and associated airport perks. Avios points, on the other hand, are used to claim rewards such as free flights.

READ MORE: Tourists hit with €750 fines for buying illegal souvenirs in Spanish hotspotREAD MORE: Brits call out ‘horrendous’ hotel behaviour but admit ‘we find it funny’

Travellers flying with British Airways or its Oneworld partners earn Avios to use toward future flights. Amex cardholders have long earned Avios on their spending. However, prior to the changes in April, cardholders could not earn tier points through everyday spending.

Here’s how Avios earning works:

• The free British Airways American Express card earns 1 Avios per £1 spent.
• The Premium Plus card earns 1.5 Avios per £1 spent, but has a £300 annual fee.

It’s important to note that the 2,500 tier point offer is not available to holders of the fee-free British Airways Amex Card.

If you do have the British Airways Premium Plus American Express card, make sure to enroll in the Tier Point scheme through the American Express app or website to begin collecting points.

BRITS jetting off to Europe for their summer holidays could risk losing cash if they pick the wrong time to buy the currency.

When heading abroad, it is not uncommon for many holiday-goers to exchange cash into the currency of the country they are travelling to.

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But when you convert cash from one currency to another, you could end up getting more money in exchange or in some instances less.

Factors such as inflation and the economic stability of a country can impact how much a currency is worth.

Currently, the Great British Pound (GBP) is worth more than the Euro, a popular holiday destination for many Brits.

So for example, if you had £100 and exchanged it you would get €116 in return.

While UK holiday goers currently get more money back when they swap their cash for Euros, returns have been better in previous years.

Back in 2024, £1 was worth €1.18.

Tony Redondo, founder of Cosomos Currency Exchange told The Sun that factors such as “soft UK economic data” and “rising geo-political tensions” is pushing the Pound to Euro exchange rate lower.

Inflation fell to 3.4% in the 12 months to May, raising expectations the Bank of England could cut interest rates tomorrow, June 19.

This can lower the value of the Pound as investors seek to get higher returns elsewhere.

With this in mind, Tony said that holiday goers heading to Europe before the end of the month, should buy Euros “soon”.

He said: “It might be best to buy soon to protect from any further possible downside.”

But the money expert said that those not travelling until the end of school holidays have no need to panic.

He said: “A calculated gamble would be to wait it out as the world moves at such a pace nowadays, that hopefully, the Pound has time to recover.  

“After all, in 17 out of the last 20 years, the Pound has gone up in value against the Euro in either July or August. “

It is worth noting that exchange rates can go up and down, so it is worth checking online currency converters to see how much you can get.

MORE HOLIDAY MONEY HACKS

When heading abroad there are a few hacks to ensure you don’t end up losing money.

Customers should avoid exchanging money at the airport as they tend to have higher fees due as they cater to a captive market.

Kara Gammell, personal finance expert at MoneySuperMarket, said: “If you have a holiday booked and want to make the most of current rates.

“Don’t wait to buy your travel money at the airport as you will pay a premium – and never pay for your currency with a credit card as paying on plastic means you’ll be charged a ‘cash advance fee’.

This fee is charged on ATM withdrawals but also on transactions such as online gambling and buying foreign currency.

You should also be aware that banks tend to charge customers a fee for using their debit or credit card abroad.

For example, NatWest charges customers a 2.75% fee for spending your debit card abroad.

That would add a £1.16 charge to the cost of a jacket which cost £42.16.

But some banks don’t charge you for spending abroad.

For example, Monzo does not charge its customers foreign transaction fees nor does First Direct.

Travel company Great Little Escapes has been removed from the ATOL scheme and ceased trading, leaving Brits with holidays booked through the firm in chaos

UK-based travel agency Great Little Escapes, also operating as Our Holidays and Tunisia First, has abruptly ceased trading, casting uncertainty for many travellers.

British holidaymakers are faced with turmoil as bookings fall through following Great Little Escapes being stripped of its ATOL scheme membership and halting its operations.

The Berkshire-based firm touted itself as a provider of the ‘best cheap breaks in the UK’, focusing on city breaks, while Your Holidays boasted a varied offering, including deals for hen and stag dos, LGBT getaways and bespoke packages.

Falling into financial difficulty, the company’s latest figures reveal a near £77,000 loss last year and a hefty £186,000 deficit reported for 2023, says TTG, the travel industry’s news outlet.

READ MORE: Brits face £1,700 fine if caught in popular European holiday spots with prohibited item

In the UK, it’s mandatory for any business selling holidays and flights to possess an ATOL (Air Travel Organisers’ Licensing), providing a safety net for consumers’ finances. The ATOL protection ensures that customers can either continue their planned trip or claim a full refund if a travel operator collapses, reports Wales Online.

Following the company’s sudden downfall, ATOL stated they are “currently collating information from the company” and will issue guidance promptly.

Those potentially impacted have been instructed not to submit claims yet, with warnings that premature attempts will be turned down.

But now hundreds of summer breaks are in jeopardy and holidaymakers are desperate for clarity.

The authority also issued explicit guidance for associated travel agents, noting: “If you are a travel agent of Great Little Escapes LLP and you are currently holding consumer payments which you have not yet paid to Great Little Escapes LLP, you must not use these funds to refund consumers until you have received instructions from the Air Travel Trust.”

The collapse of this latest travel agency is sure to unsettle those thrifty holiday-seekers keen on saving on their bookings to have more spending money for beachside cocktails and souvenirs during their getaway.

What to do if your holiday company goes bankrupt

So, what’s the next step if your travel firm goes under? What rights do you have, and how can you reclaim your hard-earned cash?

Discovering that your holiday provider has folded is every traveller’s worst fear, especially when you’re yearning for that essential escape. Thankfully, various laws and regulations exist to aid you in getting a refund should things take a turn for the worse.

Your first port of call should be to touch base with your travel agent if you arranged your trip through them, to confirm your booking is still valid.

All providers offering services within the EU are bound by consumer protection legislation. According to the European Consumer Centres Network: “If you book a holiday, rental car, accommodation or a flight in the EU, Norway or Iceland and run into problems, rest assured that consumer rights are in place to support you.

“If your flight is cancelled, your baggage is lost, your cruise doesn’t go smoothly, or you miss your train connection, EU legislation will ensure you obtain redress.”

In the UK, travel companies that provide packages, including a flight, and sell them to customers must protect your money through the ATOL scheme.

As the Post Office notes, this means that if you booked your overseas holiday with an ATOL member and it goes bust before you travel, you can apply to the Civil Aviation Authority (CAA) for a full refund. If you’re already on holiday when the company goes bankrupt, the CAA will arrange for you to return home.

ABTA, the Association of British Travel Agents, also provides financial protection for UK consumers who book holidays through ABTA members. This protection ensures that consumers receive refunds or assistance if their travel company goes out of business.

Package holidays and agency booking can also offer travellers extra reassurance and customer service. “Booking through a professional agent gives you the peace of mind that you are protected in the event of any changes to your travel,” said Sarah Davies, a travel advisor from Life Begins with Travel. “Even if just to have someone on the end of the phone to guide you through the process.”

Davies explained that many online travel companies weren’t members of ABTA, though, so it was important to ensure you choose a company with both ABTA and ATOL protection “so you don’t end up out of pocket and that you’re well looked after.”

Look for the ATOL logo when booking, and you should receive an ATOL certificate immediately after booking. You can also check a company’s ATOL status on the CAA website.

If you can’t reach the travel company, contact your airline and accommodation provider directly to confirm your booking and check that they’ve received your payment. If everything checks out, you should be all set to go on your hols.

However, if the booking doesn’t exist or you can’t get through to those companies, possibly because they’ve gone out of business, check your paperwork to determine whether you’ve ABTA or ATOL protection.

Making a claim

The Civil Aviation Authority notes that the refund process is quite straightforward. ATOL-protected consumers complete an ATOL Claim Form, and it then requests the documentation from the ATOL holder issued to the customer.

They will request evidence of payment to the ATOL holder or overseas supplier, depending on your claim type.

In some cases where you’ve paid by credit card, they may direct you to contact your card issuer for a refund. For more details, visit their website.

How to make a claim

1. Check your ATOL certificate or invoice to confirm that the trip was ATOL-protected and lists the ATOL holder.
2. Visit the CAA ATOL Claims Portal to submit your case as the Lead Passenger
3. You’ll need to provide an ATOL certificate/reference, booking and payment details, receipts for any extra costs
4. The CAA then processes the claim and may seek reimbursement through a credit card provider (Section 75), in some cases.

Will Travel insurance cover me?

Travel insurance doesn’t usually cover you if your holiday company goes bust — but some policies do include cover for things like “end supplier failure” or “scheduled airline failure.” It’s definitely worth having a quick look at the fine print to see if you’re protected.

Do I have Credit card protection?

If you haven’t got travel insurance in place at the point when your holiday company goes bust, you may be able to claim back your money through your credit card company.

To be eligible, you need to have paid more than £100 for your holiday or flights and booked directly with the holiday company or airline.

Next steps

• Do not apply for CAA claims before they publish details about a failed ATOL holder
• If you’re overseas, the CAA will inform you of the repatriation plan.
• Upon failure, the CAA list is updated; find it on the ATOL portal .
• Gather all documents: receipts, bookings, and communications; this will support your claim

At a glance:

If a travel company with an ATOL goes bust:

• You’ll get a refund if you haven’t travelled yet.
• If you’re already abroad, ATOL ensures you’re not stranded and helps bring you home.
• It applies to package holidays and some flight-only deals sold by UK companies.

If something goes wrong:

• First, go to the travel company.
• If unresolved, and it’s financial or related to collapse, go to ATOL via the CAA.
• For complaints not involving insolvency (e.g. poor service), escalate to an ombudsman or Alternative Dispute Resolution (ADR) body.