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New credit card rules introduced by the FCA

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The Financial Conduct Authority (FCA) has today published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges.

 

The new rules come into force on 1 March 2018, but firms have until 1 September 2018 to comply.

 

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