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Debit card charges must be dropped, says OFT
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Amnesia10
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Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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http://www.telegraph.co.uk/finance/pers ... s-OFT.htmlI am sure that easyjet and Ryanair will come up with another hidden charge. Though why shouldn't credit cards be covered by this as well. All that they will do is ramp up credit card admin fees.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Tue Jun 28, 2011 5:45 pm |
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belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am
Posts: 6146
Location: Middle Earth
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To be honest it's almost every company these days. And it's been going on a long time with P&P beforehand anyways.
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If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
Last edited by belchingmatt on Tue Jun 28, 2011 5:49 pm, edited 1 time in total.
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| Tue Jun 28, 2011 5:49 pm |
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JJW009
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:58 pm
Posts: 8767
Location: behind the sofa
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Err, perhaps because the credit card companies charge more for the transactions? Remember, debit cards don't give credit while credit cards give up to 2 months "free credit". Someone has to pay for that "free credit". _________________jonbwfc's law: "In any forum thread someone will, no matter what the subject, mention Firefly." When you're feeling too silly for x404, youRwired.net
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| Tue Jun 28, 2011 5:49 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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No the actual tramsaction charges are fine but an £8 admin fee for a 40p fee? So if your bank charges a fortune then switch cards. As the report said that the admin fees could add another £60 to the flight cost. Yet this could be higher than the flight cost. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Tue Jun 28, 2011 6:15 pm |
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tombolt
Spends far too much time on here
Joined: Fri Apr 24, 2009 8:38 am
Posts: 2967
Location: Dorchester, Dorset
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Credit cards do cost the merchant more though. My fees are the same as a debit card (20p or thereabouts) + 2% of the total.
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| Tue Jun 28, 2011 8:45 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but I did suggest then could allow credit card fees that were representative, not a £8 admin fee per person per leg regardless of the actual cost. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Tue Jun 28, 2011 10:06 pm |
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