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The Martin Lewis Podcast

Big warning for Barclaycard customers | Beat broadband & mobile rip offs | Zara trick

Apr 24, 2024
This podcast covers a warning for Barclaycard users, tips on reducing broadband and mobile bills, cheaper shopping abroad, and a Zara shopping trick. Topics include managing credit card debts, saving money on contracts, perfume purchase scenarios, joint liability for credit card purchases, benefits of fiber optic broadband, cost savings on IVF treatment abroad, and food storage tips.
54:44

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Quick takeaways

  • Barclaycard customers should be wary of reduced minimum repayments increasing total interest paid significantly.
  • Review broadband and mobile deals to potentially save hundreds of pounds by switching providers.

Deep dives

Barclay Card Minimum Repayments: A Costly Change

Barclay Card is reducing minimum repayments, potentially doubling total interest paid. For a £1,000 balance, the change means an additional £955 in interest over 19 years compared to £700 over 9 years. Customers need to be aware and consider fixing their repayments to clear debt more quickly.

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