Ripped-Off Britain

* THE ONE AND ONLY, TRUE AND ORIGINAL, 'RIPPED-OFF' WEBSITE ON THE INTERNET *

SEE THE NEW "INTRODUCE YOURSELF" THREAD: HERE - - and - - LOOK AT OUR NEW "CAR-BUYING GUIDE" SUB-FORUM: HERE

    Rip-off credit card fees to be banned.

    Share
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Rip-off credit card fees to be banned.

    Post by papa_umau on Mon 28 Aug 2017, 11:30 am

    End to rip-off credit card fees as Government announces major crackdown

    "Rip off" card fees will be banned from next year as the Government has announced that paying by card will be free for consumers from next year.

    All consumer-facing credit and debit fees, which can be as high as 20 per cent, will be outlawed from next year under an EU rule change.

    For decades surcharges have been used by shops, restaurants and travel firms to make extra profit at the direct expense of customers choosing to pay by card.

    Read the rest of this great move from The Daily TelegraphHERE




    I have hated these actions with a vengeance for many years as I knew that the fees charged for the use of credit and sometimes debit cards were totally unnecessary.

    When I paid for my January holiday in the sun last week I knew that like the rest, Barrhead Travel, would charge a fee for this payment if I used my credit card. Because of this, I had to transfer a large sum of money from my bank savings account to my debit card to cover the no-fee payment.

    It will be great if all of these fees are removed as if they are, that interbank transaction will no longer be needed.


    _________________
    Best of regards

    Papa......


    avatar
    zathrus
    Field Marshal
    Field Marshal

    Number of posts : 2851
    Points : 6706
    Reputation : 100
    Registration date : 2008-08-21

    Re: Rip-off credit card fees to be banned.

    Post by zathrus on Thu 31 Aug 2017, 11:14 am

    That is brilliant news, as the card operators have been ripping us off for these fees for far too long.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Rip-off credit card fees to be banned.

    Post by papa_umau on Fri 01 Sep 2017, 11:27 am

    Yes, it certainly is "good news".

    Often the percentage that is charged for credit card use can add hundreds of pounds on top of the original cost.

    Cannot wait until this happens.


    _________________
    Best of regards

    Papa......


    avatar
    Angie baby
    Field Marshal
    Field Marshal

    Number of posts : 2735
    Points : 6650
    Reputation : 91
    Registration date : 2008-08-30
    Location : Northern England.

    Re: Rip-off credit card fees to be banned.

    Post by Angie baby on Sat 02 Sep 2017, 11:17 am

    I agree, as these charges are just money for old rope to the companies that charge such fees.

    Mind you I don't really trust the Tories to do this.

    We shall see if they do.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Rip-off credit card fees to be banned.

    Post by papa_umau on Sun 03 Sep 2017, 11:32 am

    Theresa May is going right outside her comfort zone by trying to sound more inclusive and even centre-left, but I do not think she has anybody fooled as she has proven to be a hard-line Tory many times over.


    _________________
    Best of regards

    Papa......


    avatar
    Hell's Granny
    General
    General

    Number of posts : 1435
    Points : 4751
    Reputation : 113
    Registration date : 2009-10-14
    Age : 70
    Location : in transit

    Re: Rip-off credit card fees to be banned.

    Post by Hell's Granny on Sun 03 Sep 2017, 11:43 am

    My GP levies a charge for credit and debit card payments.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Rip-off credit card fees to be banned.

    Post by papa_umau on Sun 03 Sep 2017, 12:17 pm

    WOW, never heard that one before.

    Mind you, at you're age and mine we should both be getting almost all of our medical costs for free.

    Anyway, when this ban comes in he/she too will not be able to make this charge.


    _________________
    Best of regards

    Papa......


    avatar
    Hell's Granny
    General
    General

    Number of posts : 1435
    Points : 4751
    Reputation : 113
    Registration date : 2009-10-14
    Age : 70
    Location : in transit

    Re: Rip-off credit card fees to be banned.

    Post by Hell's Granny on Sun 03 Sep 2017, 12:18 pm

    Agreed. Fortunately, I haven't had to pay them anything yet, and I would pay cash and demand a receipt!
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Rip-off credit card fees to be banned.

    Post by papa_umau on Sun 03 Sep 2017, 12:22 pm

    You certainly can.

    I take it that these charges are for private medical costs ?


    _________________
    Best of regards

    Papa......


    avatar
    Hell's Granny
    General
    General

    Number of posts : 1435
    Points : 4751
    Reputation : 113
    Registration date : 2009-10-14
    Age : 70
    Location : in transit

    Re: Rip-off credit card fees to be banned.

    Post by Hell's Granny on Sun 03 Sep 2017, 1:07 pm

    I believe so, letters to DWP etc.
    avatar
    papa_umau
    Field Marshal
    Field Marshal

    Number of posts : 13282
    Points : 20420
    Reputation : -25
    Registration date : 2008-08-23
    Age : 74
    Location : Scotland

    Re: Rip-off credit card fees to be banned.

    Post by papa_umau on Sun 03 Sep 2017, 1:15 pm

    Got-it.


    _________________
    Best of regards

    Papa......



    Sponsored content

    Re: Rip-off credit card fees to be banned.

    Post by Sponsored content


      Current date/time is Wed 20 Jun 2018, 10:51 am