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Section 75 stupid question

shjo558
Posts: 1,550 Forumite

in Credit cards
Hi folks,
Just a quick question - the section 75 protection covers you for transactions over £100.
I was going to start paying my holiday off in instalments and was wondering if the section 75 protection kicks in at exactly £100.00 or do I need to pay an amount over £100 - example £100.01?
Hope this makes sense!
Happy New Year:j
Just a quick question - the section 75 protection covers you for transactions over £100.
I was going to start paying my holiday off in instalments and was wondering if the section 75 protection kicks in at exactly £100.00 or do I need to pay an amount over £100 - example £100.01?
Hope this makes sense!
Happy New Year:j
0
Comments
-
As long as the total purchase is over £100 and under £30,000 you can pay as little as £1 and still benefit from Section 75 protection on the entire purchase.
Happy New Year0 -
Just a quick question - the section 75 protection covers you for transactions over £100.
As Nick has said, the transaction value is irrelevant.
Does the holiday provider have a minimum charge, as well as a percentage amount? eg "3%, min £3". If so, you might want to consider making larger payment installments in order to save yourself some money.0
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