Bought a car this morning on Tesco Credit card

Craig1981

beany_bot wrote: »

Sorry but I just don't understand what on earth the point is of this thread? Literally just telling us you bought something with your credit card.

P.s. I bought three tins of paint and a new boiler on my credit card yesterday. :j:j:j:j:j:j:j:T:T

OP has asked a legitimate question about clubcard points, thats all. been answered - others are going off on a tangent of what OP SHOULD have done.

nothing dissimilar here to what you have posted about metal credit cards, american CC deals etc

Penelopa.Pitstop

stevenhp1987 wrote: »

I find it very unlikely the dealer would have taken Amex... I've never seen one that does!

703 clubcard points is still better than nothing!

Audi Dundee was happy to take £5000 holding deposit on Amex. And the best thing is, it was refundable and I got cheque back. So got to keep the points after refund.

jester212

Penelopa.Pitstop wrote: »

Audi Dundee was happy to take £5000 holding deposit on Amex. And the best thing is, it was refundable and I got cheque back. So got to keep the points after refund.

I wish Audi Aberdeen were as accommodating. I tried to pay a £5000 deposit on my Amex but they informed me that they did not take Amex. Then i had to battle for them to take my visa credit card as they only allowed up to £3000 on a card. I threatened to cancel the deal and they made an exception.

Penelopa.Pitstop

Isn't there a limit of 0.3% or 0.4% on Mastercard transactions? Not to mention that customers shouldn't be charged at all. You should try to get it back from your credit card company using chargeback.

stevenhp1987

landoon wrote: »

I would be grateful for advice. My husband and I bought a car from a Motor Dealer two weeks ago using four 0% credit cards to the value of £17,500. Unfortunatley, there was an issue with the car and we returned the car and requested a refund less than one week later. The dealer was content to give us a refund, but advised us that the he is charged by Mastercard as a retailer for the processing of credit card transactions up to 3% of the value of the transaction and as such he didn't refund us the full £17,500 but charged us £525 to cover the cost to him charged by Mastercard in order for him to recoupe the charge. Is there anyway we can get this £525 back from our credit card provider?

They are not allowed to pass on any fee from the card networks to you.

Do you have this in writing? I'd start by making a formal complaint with the dealer and getting your card issuer involved with the evidence.

Penelopa.Pitstop wrote: »

Isn't there a limit of 0.3% or 0.4% on Mastercard transactions? Not to mention that customers shouldn't be charged at all. You should try to get it back from your credit card company using chargeback.

While the interchange fee is 0.3% - that's from the card network to the payment service provider. The payment service provider can still charge fees to the merchant above that. For example iZettle charge 1.75% for all physical card purchases and 2.5% online.

Terry_Towelling

landoon wrote: »

I would be grateful for advice. My husband and I bought a car from a Motor Dealer two weeks ago using four 0% credit cards to the value of £17,500. Unfortunatley, there was an issue with the car and we returned the car and requested a refund less than one week later. The dealer was content to give us a refund, but advised us that the he is charged by Mastercard as a retailer for the processing of credit card transactions up to 3% of the value of the transaction and as such he didn't refund us the full £17,500 but charged us £525 to cover the cost to him charged by Mastercard in order for him to recoupe the charge. Is there anyway we can get this £525 back from our credit card provider?

Interesting. I note that no fee was charged on the original purchase (unless it was hidden in the price) and wonder whether the retailer believes discounting refunds is different to surcharging on sales. Effectively though, you have been required to pay for using a particular payment instrument - albeit in connection with a refund.

I am wondering whether there is scope to invoke the protection of S75 of the CCA here. Yes, I know it sounds a bit 'off the wall' but you had a contract with the retailer and I'm sure that contract will have covered returns and refunds.

So, if you have been charged a fee that was not noted in the terms of the original contract of sale (frankly, why would it be?) the retailer might be construed as being in breach of contract with you.

Just a bit of lateral thinking but it might give you a foot in the door with the credit card company if you get nowhere with the retailer.

System

Illegal for them to charge you for using a credit card. Simple as.

eskbanker

landoon wrote: »

The motor dealer had agreed a sale price of £17,250 for the car (which was less than the car was advertised for- hence he was doing us a deal), but when he realised we were paying with credit cards, he told us that he would be charged up to 3% on the transaction and said that he would meet us in the middle with this additional cost and so charged us an additional £250 to the total of £17,500.

[...]

I can see it from his perspective in recouping the cost to him, however, it is money down the plug to us as we have no product or service to show for the £525.

His initial surcharge of £250 was already unlawful, so as things stand you've actually paid £775 more than he was legally entitled to charge you, although the initial £250 surcharge is probably concealed within one 'agreed' price rather than being explicitly shown as the surcharge it really was?

Ben8282

landoon - please don't hijack other peoples threads. Start a new thread to discuss your issue concerning the credit card surcharge.

landoon

eskbanker wrote: »

His initial surcharge of £250 was already unlawful, so as things stand you've actually paid £775 more than he was legally entitled to charge you, although the initial £250 surcharge is probably concealed within one 'agreed' price rather than being explicitly shown as the surcharge it really was?

I know we won't get it back from the motor dealer, but do you think there is merit it trying to get it recouped via the credit card?