| Credit Card Charges – Good News |
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Good news and credit cards do not often go hand in hand, however, the Treasury is seeking to restrict excessive fees for purchases using a debit or credit card. The Office of Fair Trading estimates that over £300 million in ‘card surcharges’ was incurred by consumers for air travel alone in 2010. The Government is seeking to bring in new European Directives earlier than the 2014 date anticipated. A consultation will be launched in 2012. |
