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About time
hobo28
Posts: 1,601 Forumite
in Credit cards
As much as I believe it is down to the individual to control their urges, I'm glad that the banks seem to be moving in the right direction....
http://news.bbc.co.uk/1/hi/business/4489222.stm
http://news.bbc.co.uk/1/hi/business/4489222.stm
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Comments
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hobo28 wrote:As much as I believe it is down to the individual to control their urges, I'm glad that the banks seem to be moving in the right direction....
http://news.bbc.co.uk/1/hi/business/4489222.stm
Sorry but I think its being done to stop stoozing and tarting.......Mortgage Free Wannabe 2009 Challenge
Mortgage Free Wannabe 2009 Challenge £1,000 overpayment.
Total Mortgage £90,000 (as at 01/01/09)0 -
Sandra Quinn spokesperson for The Association for Payment Clearing Services (APACS) the people facilitating this scheme said on Radio 5 this moring that people were using one card to make payment on another.
Martin warned us when PINs were issued with cards:
Due to chip’n’pin, you’ll now know your credit card pin number – something unlikely in the past. This increases the temptation to withdraw cash from holes in the wall on credit cards, yet do this and there are massive hidden costs.
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1082327662,44861,
The Banking Code changed around 2000/2001 time. It used to say if you want to use your card to withdraw cash then let us know and we will send you a PIN.
To
We will send you a PIN (even if you cant manage one).
If your tempted send back your PIN and request a PIN supressed or Chip and Signature Card or cards.0 -
James wrote:The Banking Code changed around 2000/2001 time. It used to say if you want to use your card to withdraw cash then let us know and we will send you a PIN.
To
We will send you a PIN (even if you cant manage one).
If your tempted send back your PIN and request a PIN supressed or Chip and Signature Card or cards.
My understanding is later next year you will have to use chip and pin. The only way round it will be if there is some reason why you can not use a pin, and that will be on individual applications only. I have already had an old style signature only card refused, even though chip and pin is not yet compulsory.Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0
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