"The Court of Appeal has said credit card guarantees do
cover items bought overseas, reversing an earlier ruling" (BBC
News, 22 March 2006).
Under this rule, shoppers can claim against the card issuer if a purchase
(between the value of £100 and £30,000) is unsatisfactory or faulty, or if
the seller refuses to compensate them.
The Office of Fair Trading (OFT) appealed an earlier High Court
ruling concerning Section 75 of the Consumer Credit Act, which ruled that it
did not apply to foreign purchases. .
Lord Justice Waller said the 1974 Consumer Credit Act applied to
"all transactions entered into using credit cards... whether they are
entered into in the UK or elsewhere".
As yet it is unclear whether the credit card companies might appeal to
the House of Lords, but until they do, this is law.
Note this only applies
to credit cards and not charge cards.
