extra charge for paying with credit card

Baron_Greenback_2

have a look at this:-

http://en.wikipedia.org/wiki/VISA_(credit_card)

Visa cannot add a surcharge anywhere in the world (well except for england and australia - gotta love this country aint ya! )

[Deleted User]

It costs retailers to buy bags of £1 coins and other change too.

jackomdj

I wanted to pay for my Keycamp holiday by credit card as it is 0% until next year & we are transfering the money we pay out on the card into our savings to offset against out mortgage....anyhow it was 2% on all payments over £100 so I just made 11 payments of £100 (1 a day for 11 days) & the final one for the balance & saved £20 for a minutes effort each day...:j

Nicky

saxmund

It's annoying, but when it comes to my infrequent large Ikea bills it's such a small amount of the total, which I might not actually be able to afford that month, that I don't mind paying. The one that annoyed me recently was thetrainline.com - there was no upfront notice that credit cards would be charged an extra £2 and when the confirmation screen popped up it was right at the top of my screen and I didn't notice until I'd clicked on confirm... as the bill was only £40 I'd have paid by debit card instead.

Don't forget you get consumer credit protection and some form of travel insurance when paying by CC which might sometimes make the fee worthwhile.

dunstonh

Visa cannot add a surcharge anywhere in the world (well except for england and australia - gotta love this country aint ya! )

Thats interesting as Australia and the UK are also the cheapest places to invest in the world as well. Maybe AUS and UK are more inclined to moving to a more explicitly charged environment rather than an implict one.

dzug

saxmund wrote: »

The one that annoyed me recently was thetrainline.com - there was no upfront notice that credit cards would be charged an extra £2 and when the confirmation screen popped up it was right at the top of my screen and I didn't notice until I'd clicked on confirm... as the bill was only £40 I'd have paid by debit card instead.

.

Moral is to buy the tickets - same price - from the Virgin or Chiltern or GNER or any of the other rail sites which don't charge the CC fee. You don't have to be using a train run by that company - they all sell each other's tickets.

Need_More_Money_2

Aren't the companies saving money by not having to take cash or cheques to a bank though? Processing cash/cheques also costs them but they don't pass on these charges separately. Are the costs of accepting credit cards significantly more?

Need_More_Money_2

Baron_Greenback wrote: »

Visa cannot add a surcharge anywhere in the world (well except for england and australia - gotta love this country aint ya! )

Interesting. So Scotland doesn't allow charging either?

saxmund

dzug wrote: »

Moral is to buy the tickets - same price - from the Virgin or Chiltern or GNER or any of the other rail sites which don't charge the CC fee. You don't have to be using a train run by that company - they all sell each other's tickets.

Thanks for the suggestion - I admit I find the thetrainline.com's interface easy to use and good for comparing ticket prices at various times so you can get the cheapest. Having said that, once I'd looked up the ticket there was nothing stopping me going to GNER and buying directly from them. The truth is, the last time I used thetrainline.com, they didn't have a credit card surcharge, I wasn't looking for it, and it caught me a bit on the hop.

Need_More_Money_2

saxmund wrote: »

Thanks for the suggestion - I admit I find the thetrainline.com's interface easy to use and good for comparing ticket prices at various times so you can get the cheapest. Having said that, once I'd looked up the ticket there was nothing stopping me going to GNER and buying directly from them. The truth is, the last time I used thetrainline.com, they didn't have a credit card surcharge, I wasn't looking for it, and it caught me a bit on the hop.

GNER use the same interface and the last time I used it they also gave 10% online discount