Sign up to FREE email alerts from our Money Saving Club Newsletter Shoppers in the UK have been urged to check the settings on their contactless cards.
From October 15, many card providers will be increasing the limit to £100 - a move which has both good and bad points. A UK Finance spokesperson said: "The contactless limit increase to £100 will allow customers to pay for higher value transactions like their weekly shop or filling up their car with fuel.” But anyone unsure about the new spend cap may be able to add their own limit to their account by speaking to their bank.
HBOS, which owns Bank of Scotland, Halifax and Lloyds Bank, will let you set your own ceiling rate between £35 and £95 when the cap changes in a fortnight. READ MORE: Dr
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