Payment will exceed credit card limit

likelylad67

YorkshireBoy wrote: »

It's the purchase price that needs to be between £100 and £30K, not the amount charged to the credit card.

You can put as little as 1p on the credit card (if the retailer will accept it) and still enjoy full section 75 protection.

This is not correct. You have to pay atleast £100 on the credit card to be covered by S75. If you pay the £100 you are then covered for the full amount of the trasaction

clarkey3262

No, put ANY amount on the credit card of a single item costing over £100 up to £30 000 then you are covered

http://www.moneysavingexpert.com/shopping/section75-protect-your-purchases

MSE_Website wrote:

What if I only pay the deposit on the card?

The law's very specific, you get the protection for the whole thing even if you only pay for a part of it on the card, provided what you pay for costs more than £100 (and less than £30,000).
Here's a quick example of how it works…

Savvy Salma spots the high tech TV she's been planning to buy at half price for £500 including delivery in a high street sale. Yet she's only got £10 left on her card limit (don't worry, it's a cashback card, she's going to pay it off in full).

Salma pays £10 of the cost on her credit card and the rest on her debit card. Sadly the next day the store goes bust, before her telly is delivered. Yet she can claim the WHOLE £500 back from the credit card company, because she paid in part on the card.

Therefore if you want protection…
As long as it costs more than £100, pay for even a fraction on a credit card and you're protected.

You do NOT need to pay over £100 on the credit card to be covered.

malcolmffc

The total transaction needs to be over £100, though.