Credit card fees to be banned – Q&A

Tagged Under : Card, Credit Card

A short guide to some of the main issues around the government’s plan to ban all excessive surcharges on debit and credit card transactions. 560 315 TelegraphPlayer_8974974

10:14AM GMT 23 Dec 2011

What’s the problem?

Consumers increasingly face high fees – known as surcharges – when purchasing goods and services when paying by credit and debit cards.

Low-cost airlines are among the worst offenders, with some charging a fee per passenger, per leg of the journey, despite the fact that they only have to process one transaction.

What’s changing?

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