The Martin Lewis Podcast A wallet workout to gain pounds! Earn £100s in minutes perusing your purse or (digital) wallet
Nov 13, 2025
Discover how a wallet workout can help you identify the best debit and credit cards to maximize your savings. Learn about cashback options like Lloyds Ultra and how to pick travel cards wisely. Martin discusses essential checks, from your driving licence photo to ensuring your organ donor registration is current. Find out why it's crucial to evaluate foreign transaction fees and whether cash or card is better for small purchases. Plus, tips on fighting price hikes with O2 and managing overdrafts effectively.
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Do A Fast Wallet Audit
- Check your wallet for debit, credit, driving licence and loyalty cards to spot quick savings opportunities.
- Spend a few minutes reviewing each item and act on easy wins like switching cards or updating documents.
NS&I: Safe Option For Large Sums
- NS&I is state-backed and useful for parking larger sums because of higher implicit security.
- Its British Savings Bonds now yield just over 4% and accept up to £1m, making them competitive for big savers.
Use Credit Cards As A Spending Tool
- Use a credit card for spending only if you pay the balance in full every month to capture rewards and Section 75 protection.
- Never withdraw cash on it and avoid treating it as a debt facility unless planned borrowing is budgeted.