New rules take effect from today which should mean clearer energy bills, making it easier to shop around.
With hundreds of confusing tariffs and bills that are hard to understand, the regulator, OFGEM, is forcing companies to make it easier for us to work out exactly what we're paying for.
If you’ve ever looked at your energy bill and felt none the wiser about what you’re actually paying for and whether you're getting a good deal, you’re not alone. A survey by the comparison website uSwitch last year found that 75% of people thought their energy bills were confusing. The good news is that new rules taking effect from today mean that we'll all receive clearer bills from gas and electricity suppliers, together with annual statements with information about the tariff you’re on and how to switch to a cheaper deal.
Cashback websites are very popular, but how do they work and is there a catch?
How do you like the idea of getting money back when you shop online? There are dozens of cashback sites that let you do this.
A few years ago not many of us had heard of cashback websites. Now there are dozens of different sites, all promising to give you money back when you shop online. The idea is that instead of going directly to the retailer’s website, you shop via a cashback site and earn a percentage of the money you spend as cashback. The amount you earn will vary according to the retailer you’re ultimately shopping with and the cashback site you’re using.
There’s a new credit card balance transfer deal – 0% for 16 months. Is it as good as it looks?
For the last two years 0% credit card balance transfer deals have been a little thin on the ground; is this a sign that competition is returning?
The last couple of years have been tough for credit card customers, with almost 50% of applications for credit cards being rejected and 6 million cards seeing a rise in their interest rates for existing customers. But the signs are that competition could be returning to the balance transfer market. Yorkshire bank and Clydesdale bank (both owned by the same parent company) have launched a credit card deal offering 0% interest for 16 months. How does it compare with others in the market?
