Lloyds TSB VISA card charges

STARKS_2

Can you please tell me if the following is correct?

Do all banks charge a cash handling charge for using your credit card for on-line betting sites. Lloyds TSB have recently introduced a £2.50 minimum charge per transaction, whether you are using the betting facility or just browsing form? I have been told this is new government legislation but it is the forst I have heard of it. Do you know if this is correct?

Biggles

STARKS wrote: »

Can you please tell me if the following is correct?

Do all banks charge a cash handling charge for using your credit card for on-line betting sites. Lloyds TSB have recently introduced a £2.50 minimum charge per transaction, whether you are using the betting facility or just browsing form? I have been told this is new government legislation but it is the forst I have heard of it. Do you know if this is correct?

Pretty well all do and have done for years. The last one I knew of that didn't was Nationwide, but they're introducing a charge from 17 Oct.

napoleon

Alot of credit card companies charge 2.5 or 3% of your deposits into bookmakers and casinos. I think Lloyds TSB are one of these credit card companies although they may have only started this recently.