Amazon and Visa credit cards

squirrelpie

born_again said:

squirrelpie said:

Yes but I don't have a mastercard credit card and I don't want to use a debit card (reduced protection!)

No explanations anybody?

What protection is reduced? 

As somebody else pointed out, there is the section 75 protection for credit cards (and yes I sometimes do spend over £100 on Amazon). Also, giving them my debit card details exposes me to more varieties of hacking attacks against my bank account.

squirrelpie

emmajones1976 said:

squirrelpie said:

RG2015 said:

squirrelpie said:

emmajones1976 said:

This is now the 6th thread on this subject.

Thanks I did a search before posting and didn't see anything!

This is the 5th on on this board today and the other was on the Praise, Vent and Warnings board.

I have always avoided that board just because of the name.

Thanks to you as well for pointing this out, but I just did another search and didn't see any relevant results.

Just look on the 1st page of the Credit Card board, they are all there...

https://forums.moneysavingexpert.com/categories/credit-cards

Thanks, at last I can see them. Why doesn't the search facility return them, I wonder?

The_Green_Hornet

squirrelpie said:

The_Green_Hornet said:

Or get an Amazon Mastercard?

Well, no. I certainly won't be giving Amazon any more insight into my financial life than they already have.

If you get an Amazon Mastercard and only use it for shopping at Amazon what more insight into your financial life do you think they are getting?

emmajones1976

The_Green_Hornet said:

squirrelpie said:

The_Green_Hornet said:

Or get an Amazon Mastercard?

Well, no. I certainly won't be giving Amazon any more insight into my financial life than they already have.

If you get an Amazon Mastercard and only use it for shopping at Amazon what more insight into your financial life do you think they are getting?

Add to that the card is actually run by NewDay, and not Amazon.

squirrelpie

The_Green_Hornet said:

squirrelpie said:

The_Green_Hornet said:

Or get an Amazon Mastercard?

Well, no. I certainly won't be giving Amazon any more insight into my financial life than they already have.

If you get an Amazon Mastercard and only use it for shopping at Amazon what more insight into your financial life do you think they are getting?

Sorry, I oversimplified my reasons for not wanting an Amazon credit card. But it's not worth explaining them any further.

It's interesting that now the real press are beginning to publish about this, some more facts (or at least press claims of facts) are coming to light. This one:

"Visa and Mastercard this year both raised their interchange fees from 0.3% to 1.5% for credit-card transactions between the U.K. and the EU"

from https://fortune.com/2021/11/17/amazon-blocks-uk-visa-credit-card-payments-fee-dispute/ indicates that it's not a case of Visa bad, Mastercard bad.

But I will write to my bank and ask them if they'll supply a Mastercard by January, but otherwise do nothing until things settle out.

Grumpy_chap

Maybe more people will apply for Visa cards as per the many people alleged by the Daily Fail and such like to dislike Amazon...

Marchitiello

emmajones1976 said:

The_Green_Hornet said:

squirrelpie said:

The_Green_Hornet said:

Or get an Amazon Mastercard?

Well, no. I certainly won't be giving Amazon any more insight into my financial life than they already have.

If you get an Amazon Mastercard and only use it for shopping at Amazon what more insight into your financial life do you think they are getting?

Add to that the card is actually run by NewDay, and not Amazon.

It is rrelevant who runs the card as those Co-branded credit cards main objective from any of the retail partners is to actually help with customer insight, so that for example they have a view of customer x spending 30% of their wallet with them and 70% with others. Depending on T&c signed up by the customer the level of data sharing may be higher or total. I have worked in several projects involving cobra landed cards and/or customer insight coming from it 

eskbanker

squirrelpie said:
I will write to my bank and ask them if they'll supply a Mastercard by January, but otherwise do nothing until things settle out.

Other than when transitioning from one to the other, do any credit card providers supply both Visa and Mastercard cards, and offer customers the choice between them?

Vortigern

If visa credit is your only card, you can use it to buy Amazon gift cards at supermarkets.

No need to get a MasterCard.

simongregson

The only reason they get charged the higher fee is because they process their payments in Iuxembourg to avoid paying taxes in the UK. If they processed in the UK they would have the 0.3% interchange cap and we'd have more money for public services!