Tag: OFT
OFT orders banks to be clear on holiday money charges
The Office of Fair Trading (OFT) told the banking industry to make charges for overseas transactions more easily understood by improving credit card summary box information and by revamping websites so that customers will be able to see, at a glance, all the fees that apply. There is an alternative…get a prepaid foreign currency MasterCard…
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Credit and debit card surcharges ‘are excessive’
High costs, charged by retailers, for the use of credit cards has been a sore point with consumers for a while now. Which? said low-cost airlines were the worst offenders, with cinemas, hotels and even some local authorities starting to copy them. It said a family of four booking a return flight with Ryanair would…
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