
20 October, 2020
New hope for holidays
The 1-minute read to get the money news you need.
1-hour corona test
From today, passengers flying out of Heathrow airport can take a coronavirus test and have the results back within an hour. The rapid tests will allow people to enter countries where you need a negative test result to skip quarantine. They cost £80 and must be booked in advance.
Credit card rip off
Retailers have accused Visa and Mastercard of cashing in on the coronavirus crisis by charging excessive fees on card transactions. Retail groups have complained that fees have doubled in the last 2 years. And they feel even steeper right now, when many shops can only take card payments.
Brits want politics
Book sales show people are ditching celeb autobiographies in favour of juicy political memoirs. Michelle Obama, Boris Johnson and others are keeping tills busy with their behind-the-scenes accounts of modern politics. Meanwhile, celeb memoir sales have almost halved in the last 10 years.
Monzo Premium
The digital bank has launched its latest paid offering. A Monzo Premium account costs £180 a year and offers perks like travel insurance, free overseas withdrawals, and a metal card. Premium customers can also earn 1.5% on savings balances up to £2,000.