Welcome to Your Weekly Money Saving Update!
This week brings a mix of important news impacting your household bills, urgent deadlines for reclaiming money, and crucial warnings to protect your finances. From energy prices to expiring vouchers and a bonus for Nationwide customers, here's a concise overview of what you need to know to keep more money in your pocket.
Energy Price Cap Set to Rise
Consumers should brace themselves for an increase in the Energy Price Cap, which is predicted to rise from July 1. This development could impact household utility bills, so it's essential to stay informed about what this means for your budget. For a detailed explanation, read more about the Energy Price Cap rise from 1 July explained by Martin Lewis.
Don't Let £17 Million in Tesco Clubcard Vouchers Expire!
A staggering £17 million worth of Tesco Clubcard vouchers are set to expire this week. If you're a Tesco shopper, now is the time to check your accounts to ensure you don't miss out on these valuable savings. MoneySavingExpert has provided guidance on how to find and extend your expiring Tesco Clubcard vouchers.
Warning: Social Housing Repair Scams
An important alert has been issued for those living in social housing. There are 'shyster firms' pretending to be legitimate compensation schemes for issues like mould, damp, and disrepair. Always exercise caution and verify any such offers to avoid falling victim to these misleading practices. Learn more about MSE's warning to social housing tenants about misleading repair compensation ads.
NS&I to Pay Out £367 Million in Untraced Savings
Good news for bereaved families: NS&I is set to pay out £367 million after failing to trace savings. If you believe this could affect you or someone you know, it's vital to understand the process. Get the full details on what you need to know about NS&I's £367 million payout for untraced savings.
Mileage Allowance Increase for Drivers
For those who use their cars for work, there's a 'really important change' regarding mileage allowance. Martin Lewis has highlighted this development, which could mean more money back for your work-related travel expenses. Find out more about the Chancellor's announced mileage allowance rise for work drivers.
Nationwide Fairer Share Bonus Confirmed
Nationwide customers could be in for a treat, as a free £100 bonus has been confirmed for 2026 as part of their Fairer Share initiative. Check if you're eligible for this boost to your finances. All the details are available in the Nationwide confirms £100 Fairer Share bonus for 2026 announcement.
Avios Users: Book British Airways Flights Before May 27
If you're an Avios user planning British Airways reward flights, there's an urgent deadline to be aware of. Book your flights before May 27, as the cost will increase afterwards. Don't miss the opportunity to save on your travel plans. Get the full advice for Avios users advised to book British Airways reward flights before May 27 price increase.
Stay tuned for next week's update for more essential money-saving news and tips!
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