Thousands of customers have the Platinum card, and it's featured for several years in our Travel Credit Cards guide – it offers fee-free spending abroad for those aged 50 and older, charging 11.9% APR.

But this week, Saga has written to customers warning them the card will be closed on 28 March when its partnership with current provider Allied Irish Banks (AIB) ends. The cards are already closed to new customers.

Cardholders with outstanding balances have been told they should either pay off or transfer any debt on the card by the time it's closed. Those who don't face uncertainty and possibly higher interest as AIB may decide to transfer any outstanding balance to a third party at that point.

See our Travel Credit Cards guide for more info on top cards for spending overseas.