Credit card surcharge ban

[jacknife 2,005]

Just been looking at the coininvest site and they are still charging 2% credit card surchage

Are some businesses exempt from the ban

[dave88 1,565]

Don't think there's any exemption.  Read an artical yesterday that says some companies are ignoring the ban and carrying on as usual

Edited January 22, 2018 by dave88

[j j m 6,480]

as above there was a survey and quite a few were found to be ignoring the ban

[neil82 1,008]

they`ll just jack their prices up to cover it, looks good politically but in real life makes no difference, banks will like it as more of the sheep will use cards over cash giving them more excuses to close branches, really don`t trust this electronic banking shit and until the banks take the hit for scams rather than the customers I won`t use electronic banking, young or old the same rule applies, cash is king

[jacknife 2,005]

8 hours ago, neil82 said:

they`ll just jack their prices up to cover it, looks good politically but in real life makes no difference, banks will like it as more of the sheep will use cards over cash giving them more excuses to close branches, really don`t trust this electronic banking shit and until the banks take the hit for scams rather than the customers I won`t use electronic banking, young or old the same rule applies, cash is king

I don't trust online banking that's why I would have preferred to use a credit card and then pay the card of

But at nearly £100 extra for 2% credit card charge