Booking flights on credit cards 'is crucial'
Britons should always pay for flights with their credit cards because of the financial protection they can potentially offer, according to a leading consumer magazine.
The issue of financial compensation for cancelled bookings has come under sharp focus recently, with the imminent threat of British Airways strikes being narrowly averted and the collapse of Flyglobespan.
Scotland's leading low-cost carrier was plunged into administration last week, leaving more than 4,000 passengers and up to 800 staff stranded in foreign destinations.
Many travellers affected by the news will not be suitably compensated as insurance companies tend to avoid covering the demise of a tour operator.
However, those who made purchases with their credit cards could be in line for a refund under the terms of the Consumer Credit Act, as long as they spent between £100 and £30,000.
Rochelle Turner, from Which? Holiday magazine, admitted that this approach is now even more important at a time when an increasing number of carriers appear to be under threat.
"Always bear in mind the debit and credit card protection when paying for flights," she said in an interview with the Daily Mail.
Flyglobespan was founded in November 2002 and its main bases were Glasgow International Airport, Edinburgh Airport and Aberdeen Airport.
Published: 22 December 2009
- Industry responds to FCA's proposal on persistent credit card debt – Here's what industry experts have to say about the FCA's proposal to help credit card consumers in "consistent debt" ...
- Open banking FAQs answered – What is the new "open banking" initiative, how will it work and how will it benefit you? ...
- FAQs on FCA proposal for helping consumers with persistent credit card debt – The FCA is suggesting new rules for credit card companies to help those with "persistent debt". Here's what you need to know ...