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June 2019 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in June 2019. Browse articles below for key developments, expert analysis and insights from the month.

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June 2019 News

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Mastercard Ice loyalty scheme closure leaves customers’ reward points frozen

26th June 2019

A loyalty scheme that let Mastercard users collect points from by shopping with ‘ethical’ retailers has now ceased trading leaving customers with no way to claim their outstanding rewards.

The ice loyalty scheme for Mastercard credit cards has now been closed leaving customers with no way to redeem outstanding points

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The best inflation-beating savings accounts in June 2019

21st June 2019

Inflation has fallen to 2.0% in May, down from 2.1% in April, which is good news for savers as it means more savings accounts now beat inflation

Inflation has fallen to 2.0% in May, down from 2.1% in April, which is good news for savers as it means more savings accounts now beat inflation

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Struggle to save for house deposits forces half of young adults to live with parents

21st June 2019

Over half (58%) of young adults surveyed by the mortgage broker, Trussle, revealed that they still live with their parents as financial circumstances prevent them from moving out and saving for a house deposit or being able to afford to live on their own

Over half (58%) of young adults surveyed by the mortgage broker, Trussle, revealed that they still live with their parents

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Is time running out for 0% credit card deals?

17th June 2019

Over the past twelve months the average interest-free period available on 0% balance transfer credit cards has reduced by 63 days, while their equivalent purchase cards have seen a reduction of 29 days, according to data from the Moneyfacts UK Credit Card Trends Treasury Report

Over the past twelve months the average interest-free period available on 0% balance transfer credit cards has reduced by 63 days

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Two well-known credit card providers change 0% interest-free terms

6th June 2019

Two credit cards currently rated as Outstanding by Moneyfacts have just announced changes to their introductory 0% interest periods.

Two credit cards currently rated as Outstanding by Moneyfacts have just announced changes to their introductory 0% interest periods.

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