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Section 75 Refund - Cancelled Card
Occam's_Razor
Posts: 3 Newbie
in Credit cards
Hi all, first post here so please be gentle!
I took out an Amex platinum charge card recently to collect some extra Avios points. I have spent the minimum required to get the bonus points, cleared the balance, and have no further use for the card.
The card has a monthly fee and I am keen to cancel it soon, but it dawned on me that by cancelling it I may lose the Section 75 protection on my purchases. Is this the case?
Thanks for any help that can be provided.
I took out an Amex platinum charge card recently to collect some extra Avios points. I have spent the minimum required to get the bonus points, cleared the balance, and have no further use for the card.
The card has a monthly fee and I am keen to cancel it soon, but it dawned on me that by cancelling it I may lose the Section 75 protection on my purchases. Is this the case?
Thanks for any help that can be provided.
0
Comments
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Occam's_Razor wrote: »The card has a monthly fee and I am keen to cancel it soon, but it dawned on me that by cancelling it I may lose the Section 75 protection on my purchases. Is this the case?
No. But the reality is that you'll would probably find them more responsive if you left it open.0 -
Does Section 75 apply to Charge Cards anyway?
http://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act
Says not. So cancel away.
In debt and looking for help? Look here for the MSE Debt Help Guide.
Also, If you need any free and impartial debt advice, the National Debtline, Stepchange, and the CAB can help.0
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