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Charges for using Credit Cards
batchworth
Posts: 2 Newbie
in Credit cards
Why do travel companies, airlines etc. apply a charge for paying by credit card. Travel companies are already earning commission when you arrange a holiday through them and on top of this thay expect you to pay 2.5o% on the amount charged? Does anyone know what the actual charge is for the holiday companies, I have heard it's only about 30pence per transaction.
0
Comments
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The cut their prices to the bone because of competition.
The charges are beacuse of their charges for CC payments, so they would claim they are merely passing these on.
I don't know actually charges, but 30p sounds more like the debit card price and not the credit card price.
Perhaps someone that runs a business can confirm.
However you are free to vote with your feet and go elsewhere or pay by debit card.0 -
The charge won't be 30p per transaction on a credit card. It may well be 30p PLUS a percentage of the transaction though.
They do it because they don't actually earn that much commission on a sale. In fact some airlines don't pay any commission at all.0 -
It's what what Mastercard & Visa charge the retailers. The Travel Agent (and others) shouldn't make any profit from passing the charge to you.0
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