Credit Cards news
14 stories on credit cards, newest first. Every story is dated and cites its sources.
- July 2026
StepChange calls for stronger credit card consumer protections
StepChange Debt Charity has published a report on the credit card regulatory framework, calling for earlier lender intervention, stronger affordability checks and higher minimum repayments as polling shows 15% of UK adults struggle with repayments.
Card fraud has rebounded, affecting 14% of people in two years
A Which? survey found 14% of people experienced card fraud in the last two years, with the figure rising to one fifth among 25 to 34-year-olds, as an automatic card-updating service helps fraudsters keep spending.
BNPL regulation due to come into effect
Buy now pay later regulation is due to take effect in July 2026, bringing Section 75 protection and access to the Financial Ombudsman for shoppers using deferred payment credit.
- June 2026
Which? finds cancelled card loophole can let fraud follow replacement cards
Which? has found that automatic card updating services can carry stolen card details onto replacement cards, and that most major high street banks give customers no way to opt out.
Which? reports card-not-present fraud hit record case volumes and losses in 2025
Which? reports that card-not-present fraud reached record case volumes in 2025, with 3.2m cases and £423.5m in losses, as overseas processing of online card fraud rose to 77%.
- November 2025
PayPal launches UK debit card, credit card and PayPal+ loyalty scheme
PayPal has launched a UK debit card, a credit card and a points scheme called PayPal+, with rewards of up to 1.5% on selected purchases at the higher tiers.
Annual growth of credit card borrowing reached 12.1%, the highest since January 2024
Bank of England data show annual growth in credit card borrowing rose to 12.1% in November 2025, the highest since January 2024, as consumer credit and mortgage borrowing both increased.
- September 2025
Annual growth rate for credit card borrowing rose to 10.8% in September 2025
The Bank of England's September 2025 money and credit figures show annual growth in credit card borrowing rising to 10.8 per cent, as mortgage borrowing reached its highest monthly level since March.
- July 2025
Santander UK increases credit card standard interest rates
Santander UK is raising standard interest rates on credit cards from July 2025 for customers who have been told their rate is going up, with a 60-day window to reject the change.
- March 2025
Final report of card scheme and processing fees market review published
The Payment Systems Regulator has published the final report of its market review into card scheme and processing fees, finding Mastercard and Visa raised core fees by at least 25% since 2017.
- December 2024
PSR publishes final report confirming UK-EEA cross-border interchange fee concerns and consults on price cap remedy
The Payment Systems Regulator has confirmed that Mastercard and Visa likely raised UK-EEA cross-border interchange fees to an unduly high level, and is consulting on a two stage price cap.
- November 2024
Rules on forbearance, sustainable repayment arrangements and repossession as a last resort took effect
FCA rules requiring lenders to show forbearance to borrowers in or approaching arrears, to agree sustainable repayment arrangements and to treat repossession as a last resort took effect on 4 November 2024.
- August 2024
FOS reports 70% rise in complaints in Q1 2024/25
The Financial Ombudsman Service received 74,645 new complaints in the first quarter of 2024/25, up 70% on the same quarter a year earlier, with credit cards the most complained about product.
- June 2023
Barclays withdraws Android NFC contactless payments from its app
Barclays has withdrawn contactless payments of up to £300 made through its app on NFC-enabled Android devices, with the feature ending on 30 June 2023 under terms issued in April and October 2023.