credit card payment cover

chardy100

In September I ordered a bike from an online supplier costing £3,000and paid a deposit of £500 through Paypal.

The bike was a pre-order for next years model and was expected to arrive from the German manufacturers in October or November this year.

The suppliers have advised that, due to high demand and shortage of parts, the manufacturers have advised of delays initially till December and now up until April next year.

I don’t want to cancel the order as I still want the bike and all other dealers seem to be in the same situation with this and similar makes of bike.

My problem is that, if I wait until April, this will take me past Paypals 180 day period to raise a dispute and ,yes, I should have used a credit card.

My question is, if I now make a further deposit payment of say £100 on my Visa credit card and I fail to receive my bike in April, will my credit card company cover me for the FULL amount paid to the supplier including the £500 paid through Paypal?

I recall that Martin has said that even if you only pay part of the payment through a credit card, that they cover the full amount.

Sandtree

S75 will cover the whole amount no matter how much you pay directly to the merchant as long as the goods are within the limits.

If you’d get it all back if the bike failed to turn up in April and was pushed back to June is a separate matter and comes down to the T&Cs of the contract amoungst other things.

born_again

When do you need to make any more payments by?
You may find that if you make a £100 payment on CC now and then look at claiming for non receipt that they just chargeback that amount.
If still in the timescales 120 days but can be extended to 540 days for future dated purchases.

jsmith9

if you pay for goods partially by cc and partially by another method then you are covered under s75 for the total amount you have paid.

Sandtree

jsmith9 said:
 you are covered under s75 for the total amount you have paid.

Where does the limit being the total amount paid come from? As far as I knew the bank was jointly liable with the merchant rather than to a lower capped amount?

born_again

Sandtree said:

jsmith9 said:
 you are covered under s75 for the total amount you have paid.

Where does the limit being the total amount paid come from? As far as I knew the bank was jointly liable with the merchant rather than to a lower capped amount?

I read that as the cost of the item, not as the amount you paid on the CC.

I must admit that it could be taken both ways

Sandtree

born_again said:

Sandtree said:

jsmith9 said:
 you are covered under s75 for the total amount you have paid.

Where does the limit being the total amount paid come from? As far as I knew the bank was jointly liable with the merchant rather than to a lower capped amount?

I read that as the cost of the item, not as the amount you paid on the CC.

I must admit that it could be taken both ways

Even then is that what the CCA says? I thought it was simply jointly and severally liable so if the issue exceeded the cost of the item the bank is fully on the line I need the same way as the merchant 

phillw

born_again said:
I read that as the cost of the item, not as the amount you paid on the CC.

I must admit that it could be taken both ways

Its how much you paid, not how much you paid on credit card.
If you have not settled the balance at the time of the s75 claim, then you wouldn't be entitled to the full cost of the item

chardy100

Thanks for your inputs. Just to be clear, I am concerned with covering the amount that I have paid, not the full cost of the bike.

Sandtree

phillw said:
Its how much you paid, not how much you paid on credit card.

If you have not settled the balance at the time of the s75 claim, then you wouldn't be entitled to the full cost of the item

Still disagree... its the retailers full liability be that less or more than what you have paid by credit card, any method or total liability even if it exceeds the item value

born_again

phillw said:

born_again said:
I read that as the cost of the item, not as the amount you paid on the CC.

I must admit that it could be taken both ways

Its how much you paid, not how much you paid on credit card.
If you have not settled the balance at the time of the s75 claim, then you wouldn't be entitled to the full cost of the item

Settling the balance is not a factor in a S75 claim.

It would be highly unlikely for a S75 claim to be settled in the time from paying for a purchase & paying the balance.