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Credit/debit card surcharges to be banned


anchor

Likes # 1

Good news; about time.

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OTT_B

Likes # 0

AitchBEE

Or perhaps more accurately, 'A fool and his money are easily parted' could be combined with another well known saying to give, 'A fool is someone who knows the cost of everything, but the value of nothing and is therefore easily parted with his money'

That's rather a mouthful though.

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morddwyd

Likes # 0

Still don't see how it's relevant to credit cards though.

That saw has been around a lot longer than credit cards, and applies to all, card holders or not.

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proudfoot

Likes # 0

Having scanned through the comments I may have missed the point I wish to make. I use my credit card in many local shops to pay for items sometimes rather than go to the hole in the wall for cash. The local shop keepers and many large stores are willing to absorb the cost into the price they are charging. The cost of allowing credit card purchases is presumably lumped in with their other overheads. This at least is being honest. The only reason the likes of Ryanair use the "Admin charge" is to make their prices seem low. In my experience if you are travelling with luggage you get a much better and reliable service using a schedule airline and some travel companies take air travel only passengers at little extra cost.

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Bingalau

Likes # 0

I maybe going off track a little, but I always use a debit card in this country. However when going abroad I use an FX card, this you can pre-load with Euro's prior to going and saves you carrying large amounts of money on your person. The rate of exchange is much better and I have found it is accepted more readily than other bank cards. I know this isn't much of a help in the subject being discussed but thought maybe our readers would like to know about it. (No I do not have shares nor any connection to the organisation at all).

There are other currency cards besides FX.

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