Consumers Miss Out On Protection When Purchasing Abroad

Written by Ian Hughes | 29-Mar-2017 07:25:00

Consumers are missing out on important protections and legal rights by choosing not to pay with a credit card when travelling or buying online. 

Purchasing with a credit card gives consumers extra rights under section 75 of the Consumer Credit Act for any purchase over £100 and less than £30,000.

 

Despite this extra protection being in place only 36% or just over 1 in 3 consumers would use a credit card to pay for goods costing £120 according to research by Consumer Intelligence for European Money Week.

 

The same consumer protection is not available to thosethat purchase through a Debit Card or the 5% that would prefer to use cash.

 

 

Travel money: how Britain buys travel money

Consumer Intelligence’s biannual travel money survey reveals a detailed picture of the UK travel money market. Our last survey involved 1,096 online interviews in October 2017. Here are some highlights.

 

 

 

 

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