Easyjet - would you pay 2.5% for section 75 protection

lisyloo

I have an Esayjet booking which with all the seats luggage etc. is around £1500. So the CC fee is £38.
If we phone up I guess we might be able to pay £1 on CC but the flights work out £90 more expensive through the phone channel so no point in that.

I have sent a query to my travel insurance to ask if I'm covered for scheduled airline failure.

I's not really possible for us to book a package with what we are doing - going through a scuba diving company who don't do flights.

Would you pay £38 for section 75 protection or is that a bit paranoid for Easyjet on November?

Have I missed anything?

My feeling is that Easyjet are sound by Richard Branson has siad to expect "spectacular failures" so I guess nothing is impossible.

[Deleted User]

Personally....probably not. But I don't think you'd be mad if you did.

InsideInsurance

How many of you are traveling to be paying that much to Easyjet?

Given their current results http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/media/latest-news/2012/ims-q3-2012.pdf I think it is highly unlikely they are going anywhere in the next few months. If you are booking years in advance then almost anything could happen

lisyloo

How many of you are traveling to be paying that much to Easyjet?

3 seats to Hurghada (Egypt) from London
Flights are around £450 return each for Sat in November (high season for Egypt).
You can go cheaper in July but it might be 50 degrees :-)

If you know a much cheaper route then please let me know.

I am tempted not to bother with the credit card. I'd be miffed at losing £1500, but it would only mean we had lost savings, not losing the roof over our head.

Thanks for the link.

dalesrider

Missed flight cover
Cover is £28.50 return for your party..

Are Easyjet covered by CCA or such?

Why are you thinking of section 75 when there are other options open before that?
Easyjet go bust, you have a chargeback right.

lisyloo

Thanks for your reply.
The insurance you quote is for missed flights. I have travel insurance.
The risk I am trying to cover is Easyjet going bust.

Are Easyjet covered by CCA or such?

If you pay by credit card yes, but that would cost me about £38, and the question I'm asking is - is it worth it?

you have a chargeback right

I'm sure someone will correct me if I'm wrong, but no I don't think it's is a "right". It is not enshrined in law or a statutory right.
One would hope large banks would do the right thing, but I don't think there is a guarantee as there is with statutory rights like Section 75.

I think I'm just going to go for it and pay by Debit card.

dalesrider

lisyloo wrote: »

I'm sure someone will correct me if I'm wrong, but no I don't think it's is a "right". It is not enshrined in law or a statutory right.
One would hope large banks would do the right thing, but I don't think there is a guarantee as there is with statutory rights like Section 75.

I think I'm just going to go for it and pay by Debit card.

So long as its a VISA card then it is a added right that is agreed between retailer/card provider & visa. As per their regulations ALL parties have to sign up to.
This is over and above your statutory legal rights.

So don't worry about using your debit card.

This year has been a good year as far as travel co's go. No where near as many gone under as 2011. :T

opinions4u

I probably would.

With a cashback card.

But it's a close call.

InsideInsurance

Chargeback ultimately only works if the bank can get the money back from the merchants account. As we are talking about the merchant having gone bust they probably wont be able to hence why you turn to section 75 instead.

As to price... obviously depends on your exact dates/ flexibility etc but a friend is going with EgyptAir in Nov and paying about £370 a head - would suggest checking Skyscanner.net as they tend to be reasonable reliable at finding cheap flights.

lisyloo

As per their regulations ALL parties have to sign up to.

So VISA could enforce it, but I don't think I could,
I'm not being paranoid, I'm now interested :-)

Chargeback ultimately only works if the bank can get the money back from the merchants account.

I don't think this is true. The chargaback comes from the retailers bank and not the retailer. I had a successful chargeback for a Peacocks voucher after Peacocks went bust. I believe it's Peacocks bank who are left with the liability.

but a friend is going with EgyptAir in Nov and paying about £370 a head

Thanks but we can't be flexible with dates (work) and are taking Scuba gear, so we'll just have to take it on the chin. The trip is about 1/4 of the price of going to the Maldives :-)

InsideInsurance

lisyloo wrote: »

I don't think this is true. The chargaback comes from the retailers bank and not the retailer. I had a successful chargeback for a Peacocks voucher after Peacocks went bust. I believe it's Peacocks bank who are left with the liability.

Dont know the ins and outs of it, I have to admit. I know when I did a chargeback I was informed by the bank that if they were unable to recover the monies then they would be removing them from my account again.

A little scouting around says there is no legal obligation to it (according to Martin Lewis and his Daily Mail article) so it may vary by bank