All the updated news related to loyalty penalty

All the news related to loyalty penalty updated in real time

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Ban on acquisition-only energy tariffs to remain in Ofgem U-turn

Ofgem has announced that the ban on acquisition-only tariffs will stay in place, just two months after it proposed scrapping it. The ban on the tariffs – cheaper prices that are only for new customers in order to lure them away from their existing ...

30 Jul 2024 at 09:53

Personal Finance

Squeezed households paying loyalty penalty for key services, charity warns

Around one in seven people could be paying a “loyalty penalty” for products such as mortgages and mobile and broadband packages, according to Citizens Advice. The charity said tackling loyalty penalties – where longstanding customers may end up ...

01 Aug 2022 at 01:01

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