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Direct Debit V Credit Card
bmr
Posts: 27 Forumite
in Credit cards
I use Amex CC with the cashback facility. To take advantage of it I wanted to pay my mobile bill with the Amex card. The mobile company are happy with my proposal but added that by paying with a CC I will be surcharged approx £4 every month. The thing I could not apprehend was why this 'SURCHARGE' on CC payment??:eek:
0
Comments
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Many mobile phone companies charge you extra (i.e. surcharge) if you pay by any method other than direct debit..
Regards
Sunil0 -
Thanks. Understood. But what could be the logic behind the surcharge??0
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Thanks. Understood. But what could be the logic behind the surcharge??
To discourage customers by paying by any other method.
Direct debit is the cheapest method for them to process/collect payments - its done automatically and they get a 'report' of all the failed payments.
Regards
Sunil0 -
It costs them more to accept credit card payments, so they pass the cost on to you.0
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Thanks. Got it. I can sleep well tonight.0
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