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[STEMO]

https://www.visa.co.uk/pay-with-visa/security/zero-liability.html

No need to use a credit card for payment protection. You can just as easily maintain a balance in a dedicated account f you wish to keep a separation between online spending and your main account(s).

The only real reason to have a credit card is to be able to say that you have one.

Go on MSE and post that statement 

[Doctor Gollum]

I may just do that

[STEMO]

I may just do that

You'll be told that your link has nothing to do with why people use credit cards. Fraud is one thing, non delivery, substandard building work, cancelled holidays, etc, up to £30,000 is why people use credit cards.

[Doctor Gollum]

All of which can be insured against 

[STEMO]

All of which can be insured against 

Bollòcks 

Insurance costs money, S75 doesn't.

[Doctor Gollum]

If you have one and don't use it, then you don't need one.

If you have one and rely on it then you shouldn't have one.

I can see why businesses use them, although the above still applies, in the same way that leasing vehicles/equipment makes some limited sense.

That said, debt free business that don't use credit don't go bankrupt. 

Fixed for glaring typo 

The single reason businesses fail is because they cannot meet their overheads.

[Doctor Gollum]

All of which can be insured against 

Bollòcks 

Insurance costs money, S75 doesn't.

Nor does it guarantee that you actually get your money back. It merely makes it easier to start a claim.

[STEMO]

All of which can be insured against 

Bollòcks 

Insurance costs money, S75 doesn't.

Nor does it guarantee that you actually get your money back. It merely makes it easier to start a claim.

Is there no beginning to your talents?

[STEMO]

Under Section 75 of the Consumer Credit Act 1974, the credit card company is jointly and severally liable for any breach of contract or misrepresentation by the retailer or trader.

This means it is just as responsible as the retailer or trader for the goods or service supplied, allowing you to also put your claim to the credit card company.

[Andy B]

....
 will even close our bank account with Barclays now as well.

Good luck closing your Barclay's credit card .... it took me a few attempts to close mine, and even then I had to put my foot down to do so.

.   

All done & dusted found it very simple to do .

I had a Barclay's credit card years ago & stopped using it. When I phoned to cancel it I was passed from pillar to post and in the end gave up trying. Ages later, I tried again and eventually managed to convince them that I didn't want it any more ... I'd not used it in years, & begrudgingly they cancelled it.

[Doctor Gollum]

https://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act-aZCUb9i8Kwfa

It guarantees your right to make a claim against the card company, not the supplier, but doesn't guarantee that you'll get all your(their) money back.

[STEMO]

https://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act-aZCUb9i8Kwfa

It guarantees your right to make a claim against the card company, not the supplier, but doesn't guarantee that you'll get all your(their) money back.

You'll get your money back if the retailer is at fault. End of.

[Rangie]

Move over Martin Lewis 😂😂😂😂😂😂 😂

[Andy B]

.....

The only real reason to have a credit card is to be able to say that you have one.

So how do you pay for your shopping or a tank of diesel/petrol? I use my credit card which means I need to carry the minimum of cash ..... and at the moment especially, most places want payment by a card of some sort .... they don't want cash.

[STEMO]

....
 will even close our bank account with Barclays now as well.

Good luck closing your Barclay's credit card .... it took me a few attempts to close mine, and even then I had to put my foot down to do so.

.   

All done & dusted found it very simple to do .

I had a Barclay's credit card years ago & stopped using it. When I phoned to cancel it I was passed from pillar to post and in the end gave up trying. Ages later, I tried again and eventually managed to convince them that I didn't want it any more ... I'd not used it in years, & begrudgingly they cancelled it.

Yes. Barclaycard, at one time, we're actually offering people £50 to keep their credit card accounts open. People were openly posting this up on financial forums. It didn't always work, of course. It was a bit like when they were telling people to ring up sky and say they wanted to cancel, once out of contract. Most were offered fantastic deals to stay, but some got the "OK, see ya" 
Things are very different now, but no one can tell you exactly why, only the companies involved. The was an article in money mail about Barclaycard, with hundreds of people complaining about credit limits being reduced, but they couldn't get an answer from BC either. Who knows?
My limit hasn't been reduced, but it is relatively low at £6500.