Hidden credit card charges after Christmas abroad.

Posted 2007-12-11

The Post Office has warned the 2.4 million Britons heading overseas for Christmas this year that they could face “hidden” credit card charges in the New Year.
Many card companies charge an extra 2.75% in commission for each overseas transaction, a fact many consumers are unaware of until the charge appears on their bill.
Post Office Director of Lending Gary Fitton said:
“Many people could be returning from their Christmas break with a lot more than ‘memories and mementoes’ due to unnecessary card charges.”
According to the Post Office, 49% of festive holiday makers plan to use their credit cards whilst abroad.

Leave a Reply