Debit Card Dilemma

never-in-doubt

Why is this continuing when the proof that would kill this dead, is here! #12

Read it and weep - Its clear that Visa offer VCS and all CC's are protected under s.75 - maestro and mastercard debit do not offer protection as yet but will do when Cyldesdale / Yorkshire start to use Mastercard Debit at the end of the year - rumour has it they are trying to do similar as VCS.

exel1966

never-in-doubt wrote: »

Mate section 75 covers all credit cards so long as it conforms with s.75 (1). Debit cards are not covered but mastercard and amex are eligible as is visa. Of course they are relevant under CCA - its credit so the CCA kicks in, naturally.

Now, the Visa chargeback scheme (VCS) is slightly different, this relates to Visa (debit) cards and not restricted to £100+ either....

See here: http://news.bbc.co.uk/1/hi/programmes/working_lunch/7347146.stm

Lets make it clear - all credit cards. The key is the word 'credit'.

Martins guide: http://www.moneysavingexpert.com/shopping/section75-protect-your-purchases#which

Important info:

I'm fully aware of all of that. I think if you re-read my posts you'll realise that as I've never said CREDIT cards aren't covered, in fact I said they ARE.
I said DEBIT cards are NOT coverred under the CCA.

savagej

I am far from confused:

Mastercard Credit card allow chargebacks in the same way Visa do, Mastercard Pre-paid Card allow chargeback in the same way Visa does, When CB/YB start to issue Mastercard Debit card the same rules will apply as per Visa Chargeback.

UK issued Maestro cards and Cirrus cards (same as Visa's PLUS) (which all Maestro/sOLO debit cards and some ATM only cards are also Cirrus Cards) allow Chargeback with respect to specfic issues, which as you have not stated them I can only concluded you have not looked at the document they are under appendix B.

My qualifications, as listed, are not in banking I could list my qualifications and memberships in banking separately, however, you seem to have failed to grasp the point I was making that I do know how to use my mother tougne, however, some of this has been taken from me by health problems, beyond my control. Which you choose to ridicue by going back to School days, rather than to make any attempt to empathise with.

Please read the document and compare it to the one issued by Visa International before you make any further comments that will lead you to be proven wrong, again.

James

never-in-doubt

savagej wrote: »

UK issued Maestro cards and Cirrus cards (same as Visa's PLUS) (which all Maestro/sOLO debit cards and some ATM only cards are also Cirrus Cards) allow Chargeback with respect to specfic issues, which as you have not stated them I can only concluded you have not looked at the document they are under appendix B.

Mate there is no current protection for Maestro as Excel did say to you and my post 12 confirmed. We can all find snippets of law to create a scenario but generally talking Maestro has no protection - cirrus has less. :beer:

never-in-doubt

exel1966 wrote: »

I'm fully aware of all of that. I think if you re-read my posts you'll realise that as I've never said CREDIT cards aren't covered, in fact I said they ARE.
I said DEBIT cards are NOT coverred under the CCA.

Chill babe! I never disputed you...... I just happened to use your post to quote - I am in agreement here! Nuggat lol :beer:

savagej

All debit cards as far as I am aware when used to overdraw an account (it matters not if this was you or a frausdter), they then become credit tokens and hence are covered by the CCA1974.

savagej

exel1966 wrote: »

But it's true, not misleading as Mastercard DEBIT cards offer no protection whatsoever, wheras VISA Debit cards do with the VISA Chargeback Scheme.
Neither have any protection under the law, only CREDIT cards do.

Cheers NiD but this statement is wrong, all Mastercards (not Maestro cards) have exactly the same right of chargeback as a Visa card.

exel1966

savagej wrote: »

All debit cards as far as I am aware when used to overdraw an account (it matters not if this was you or a frausdter), they then become credit tokens and hence are covered by the CCA1974.

That's just plain WRONG ! NO DEBIT card is covered under the CCA.

Now if you can show me otherwise I'll believe it, but please also send it to Martin Lewis personally as he isn't aware.

never-in-doubt

No cos the basic principle of the account would supercede the overdraft. The O/D is covered within the CCA, however the card you used (Maestro) would not.

Its quite clear, all cards except Maestro are protected by some form of c/b rule. In fact tinking about it, the only way to c/b on Maestro is using DSR2000. However try complaining to your bank, they can intervene and reclaim the payment manually if you prove it was fraud etc - remember it runs on the old switch system which allows this as they are not C&P compatible.

never-in-doubt

savagej wrote: »

Cheers NiD but this statement is wrong, all Mastercards (not Maestro cards) have exactly the same right of chargeback as a Visa card.

No mate the quote by Excel is right - not mastercard debit - debit cards do not conform to CCA 1974. It has to be credit card. You're missing the point here.

Your quote above is incorrect as mastercard debit offers no protection under CCA (i.e. s.75). ONLY credit related cards.