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Credit card protection
baysieboy
Posts: 58 Forumite
in Credit cards
A friend of mine tells me that even if you only pay, say, a £100 deposit on a holiday by credit card and then pay the rest by cheque, (say a £1000), then nevertheless you are covered for the entire £1100 by the credit card company. Is this correct?
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Comments
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in fact you only need to pay 1p (or realistically £1) to qualify.We need the earth for food, water, and shelter.
The earth needs us for nothing.
The earth does not belong to us.
We belong to the Earth0 -
Thanks for the link....I am amazed to find that my friend was correct!0
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According to the link given by another it needs to be £100 deposit.thenudeone wrote: »in fact you only need to pay 1p (or realistically £1) to qualify.0 -
Just reread the link and think I'm wrong regarding the amount of the deposit....looks like any size deposit will kick in the cover so long as the total is over £100. Thanks again!0
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