Section 75 Question and paying off your card

DaManUK

I often pay my credit card to keep the balance down.  If I buy something for say £200 and later that day make a £200 payment to my card.  Will I still be covered under Section 75 for that product/service?

What happens if my balance reaches 0 after that payment? Am I still covered.

Thanks

MattMattMattUK

DaManUK said:

I often pay my credit card to keep the balance down.  If I buy something for say £200 and later that day make a £200 payment to my card.  Will I still be covered under Section 75 for that product/service?

What happens if my balance reaches 0 after that payment? Am I still covered.

Thanks

Yes.       

DullGreyGuy

As above, no S75 issues

Are you clearing your balance in full each month? If so you arent really helping yourself making interim payments. 

MEM62

DaManUK said:

I often pay my credit card to keep the balance down.  If I buy something for say £200 and later that day make a £200 payment to my card.  

There is no point in clearing any balance until after you have received your statement.