Originally posted by MarillionFan
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Whose got the trousers on?
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Originally posted by Gentile View PostWhat extra protection do you think Section 75 provides? This article contains a fairly good summary of the differences between Section 75, Chargeback, and the security/insurance provided by other payment methods. The only material difference between Section 75 and Chargeback appears to be that in some cases some providers don't cover items less than £100. Conversely, purchases over £30k aren't covered by Section 75 but are covered by Chargeback. The one time I had to make a claim (because the item didn't arrive and the vendor's 'help' line was anything but), the item cost less than £100, and my Visa Debit provider (First Direct) still covered it with no quibbles.
That not an advantage?Comment
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Originally posted by Gentile View PostWhat extra protection do you think Section 75 provides? This article contains a fairly good summary of the differences between Section 75, Chargeback, and the security/insurance provided by other payment methods. The only material difference between Section 75 and Chargeback appears to be that in some cases some providers don't cover items less than £100. Conversely, purchases over £30k aren't covered by Section 75 but are covered by Chargeback. The one time I had to make a claim (because the item didn't arrive and the vendor's 'help' line was anything but), the item cost less than £100, and my Visa Debit provider (First Direct) still covered it with no quibbles.
However, there's a nice summary here Visa / Mastercard chargeback: Protection for debit card purchases...
The main difference for most purchases is the cover for future issues - you're not restricted to 120 days.
But a huge difference is that section 75 covers you for the whole cost even if you only pay part on your card. Both these issues apply to a news story recently where a woman had the whole cost of her PPI implants refunded under section 75 because she'd paid the deposit for the procedure on her card. It had been 18 months earlier, so she would have got zilch on chargeback.Comment
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Originally posted by mudskipper View PostYour link doesn't work for me.
However, there's a nice summary here Visa / Mastercard chargeback: Protection for debit card purchases...
The main difference for most purchases is the cover for future issues - you're not restricted to 120 days.
But a huge difference is that section 75 covers you for the whole cost even if you only pay part on your card. Both these issues apply to a news story recently where a woman had the whole cost of her PPI implants refunded under section 75 because she'd paid the deposit for the procedure on her card. It had been 18 months earlier, so she would have got zilch on chargeback.Comment
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Originally posted by Gentile View PostWell, that's certainly a valid benefit.Comment
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Originally posted by escapeUK View PostSo you were naive?Comment
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I wonder if there are any on here who had or have one and wish they didn't.
trouser wearer or not
(\__/)
(>'.'<)
("")("") Born to Drink. Forced to WorkComment
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Originally posted by EternalOptimist View PostI wonder if there are any on here who had or have one and wish they didn't.
trouser wearer or not
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Originally posted by Gentile View PostNo, dear. That there is what grown-ups do when someone makes a point that informs them of something useful, verifiable and that they didn't actually know. By contrast, all you've done is demonstrate your own naivety by making apocryphal statements about how the credit card marketing people told you that not having a credit card meant you'd never get a mortgage or a car loan. Pfffft!!Comment
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Originally posted by darmstadt View PostI actually don't use them too much as Germany is still very much a cash based society (i.e if I went into Media Markt or Saturn to buy gadgets I would have to pay cash.)
Likewise at least one department store (Manor) is offering their own credit cards, tied into a loyalty card scheme. Again, good discounts are available to entice you to get one. I am pretty sure this lot will be accumulating data on your spending patterns.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
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