Card with S.75 Protections but not CREDIT

Phil_M_72

Hi all

Ditched the Credit Cards and promised myself I will never have one again.  However, I occasionally need to make quite large online purchases (Max usually £1,500).  The money is refunded to me very quickly from the organisation I make the purchases on behalf of.

However rather than use a debit card, I want the protections offered by a Credit Card...

Is there anything possible???

molerat

S75 applies to items purchased with credit so if you want that protection you need to use a credit card.

etienneg

No, for two reasons.

Firstly, "S.75" is section 75 of the Consumer Credit Act 1974 (as amended). It applies to transactions made on credit. No credit, no S.75 protection.

Secondly, it applies to purchases made for the benefit of the person making them, not ones made on behalf of someone else.

cymruchris

Credit card only to my knowledge.

eskbanker

Phil_M_72 said:

Ditched the Credit Cards and promised myself I will never have one again.  However, I occasionally need to make quite large online purchases (Max usually £1,500).  The money is refunded to me very quickly from the organisation I make the purchases on behalf of.

The organisation should obtain a business credit card via which to make its purchases....

born_again

Phil_M_72 said:

Hi all

Ditched the Credit Cards and promised myself I will never have one again.  However, I occasionally need to make quite large online purchases (Max usually £1,500).  The money is refunded to me very quickly from the organisation I make the purchases on behalf of.

However rather than use a debit card, I want the protections offered by a Credit Card...

Is there anything possible???

S75 is CC's only.
But actually as you are buying for a 3rd party odds on it would be rejected anyway.
So you are looking at chargebacks for issues which are the same on both debit & credit cards & do not have the worry of being for a 3rd party.

TBH. S75 is so rarely used anyway. I think people think it is a get of of jail card for free.

eskbanker

born_again said:

S75 is CC's only.
But actually as you are buying for a 3rd party odds on it would be rejected anyway.
So you are looking at chargebacks for issues which are the same on both debit & credit cards & do not have the worry of being for a 3rd party.

TBH. S75 is so rarely used anyway. I think people think it is a get of of jail card for free.

Perhaps unsurprising that people form that impression when it's breathlessly bigged up by sites like this!

Your secret financial superhero: Section 75 laws mean your credit card provider must protect purchases over £100 for free, meaning you could get your money back if there's a problem.

bris

S75 is any form of credit not just credit cards, so if you can find a company that will finace this for you then S75 is available.

However as already said you can't claim S75 for purchasing something for someone else. 

Phil_M_72

Thaks all - thought so.  I think I will tell them to either give me a card for this purpose - OR just get them to pay in advance...

Sandtree

bris said:

S75 is any form of credit not just credit cards, so if you can find a company that will finace this for you then S75 is available.

However as already said you can't claim S75 for purchasing something for someone else. 

Not any form of credit, it has to be credit regulated by the consumer credit act... almost everywhere these days seem to offer BNPL with Klarna but their standard product is 3 payments to pay it off in under a year and as such isn't covered by the CCA and so no S75.

The other clue in the name is its the Consumer Credit Act, if an organisation gives you a card then it is likely to also fall outside of the definition of a consumer and so also will not have S75 protection.

Little confused as to what you are buying and why you need "protection" (S75 isn't what many think it is). On the basis an organisation is rebursing you (presumably your employer or client) then it seems its their product/service and so its equally their problem if the product/service has an issue with it and not yours.

phillw

bris said:

However as already said you can't claim S75 for purchasing something for someone else. 

It depends what you mean by "for someone else". If the legal owner of the property is you at the time of purchase, then it's covered. If you order something (like a car or holiday) where the name you give is someone else but you pay then it's not.

If you buy 100 of something that individually costs less than £100 then it's not covered.

The biggest problem is it's the consumer credit act, which is for consumers and not businesses. However depending on the purchase, they may not know.