What is the advantage of paying by Credit Card????

allofushere

I paid for my hoilday with my credit card in April. The holiday was then cancelled as the holiday company went bust. I have been told by Lloyds TSB, my credit card provider that they have no obligation to keep the payment on dispute until I get a refund and now, as the payment has come off dispute, ( Lloyds decision, not mine!) I have to pay all the accrued interest on the payment. This has been added on to my monthly payment which means this months payment has more than doubled the previous months.

I asked if I could claim this interest back when I had had a refund for the holiday but was told I could n't.

So I have to pay £180 interest on a payment for a holiday I did not go on.

Please can someone explain what possible benefit there was by paying by credit card????? Card companies are always saying you should pay for big purchases by card as you 'will be covered'.

Covered for what exactly?????!!!!!

Or can anyone tell me if I have any chance of claiming back this interest as feel ROBBED AND LIED TO by Lloyds.

thanks for letting me rant.:mad: