3min chapter

The Martin Lewis Podcast cover image

Uni costs doubling, holiday must-dos and money fails

The Martin Lewis Podcast

CHAPTER

Chargeback Chargeback

section 75 of the consumer credit tax states that if you buy an item cost between 100 pounds and 30,000 pounds on a credit card, then the credit card company is jointly liable with the retailer. Chargeback applies to any plastic - it's not a law but rules of Visa MasterCard Dynamics say people should be able to get their money back. Virgin Media does not say in its contracts that it can do inflation-based price hikes so customers can leave penalty free once they're notified.

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