10 Money Changes Coming in September – Including End of One Vital Fund
In September, several key financial changes are set to impact millions of people, with significant updates planned throughout the month. These changes range from the conclusion of a popular fund that has been providing financial aid to individuals across the nation to adjustments affecting motorists, coffee enthusiasts, Barclays customers, homeowners, savers, and benefit recipients. With the upcoming Budget in October expected to bring tough measures, such as tax hikes and benefit reductions, it’s crucial for everyone to be aware of these impending changes.
The first change taking effect on September 3 involves Pret A Manger discontinuing its free coffee perk for Club Pret members. Starting from this date, the £30 monthly fee for the scheme will be temporarily reduced to £5, with members receiving a 50% discount on five drinks instead of the previous five free coffees, while the 20% food discount will be removed. Following this, on September 4, Barclays is eliminating the £5 cashback incentive for Blue Rewards scheme participants, affecting those with two or more direct debits linked to the scheme.
On September 10, Metro Bank customers will lose access to their credit cards, necessitating the transfer of ongoing payments to an alternative card. In addition, the latest inflation figures from the Office for National Statistics (ONS) will be released on September 18, marking an important date for monitoring price changes. The Bank of England is scheduled to make its next interest rate announcement on September 19, impacting borrowing costs for consumers.
Furthermore, deadlines for “dieselgate” claims against Nissan, Renault, Audi, Porsche, Seat, Skoda, and VW, including Vauxhall customers, are set for September 22 and 27. TSB’s £190 bank switch offer expires on September 27, motivating new customers to switch to a Spend & Save current account to benefit from cashback rewards. Finally, the Household Support Fund, which has provided assistance during the cost of living crisis, will cease on September 30, potentially leaving many households without vital support.
Moreover, ongoing migration of individuals receiving legacy benefits to Universal Credit throughout September is expected to impact millions, necessitating timely action to avoid benefit disruptions. With these significant financial changes on the horizon, it is essential for everyone to stay informed and prepared for the financial landscape ahead.