Price Protection Prepaid Cards - Free Price Protection Service
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Price Protection Prepaid Cards?
So why would you choose this account with Price Protection Service? Well, some prepaid debit cards that give you price protection for free to help you when you shop online or at retail outlets.
What is Price Protection - Also known as payment protection
Prepaid Credit card payment protection available through some prepaid card companies and is when you use your prepaid card to pay for something. Covered by section 75’ of the Consumer Credit Act the amount has to amount from £100 up to £30,000.
Section 75’ of the Consumer Credit Act means the prepaid card company will have to liability or responsibility with the seller if you have a problem with the purchase such as you never receive the items.
Price Protection Prepaid Cards
Problems covered by Price Protection Prepaid Cards?
- The service provider fails to supply the items or the service you paid for.
- A service provider has supplied items that are not up to standard.
- The service provider has misrepresented what the item or service is.
Minimum and maximum by Price Protection Prepaid Credit Cards?
If your prepaid card company offers price protection. Also referred to as payment protection under section 75. The purchase has to be more than £100 but under £30,000 but as most prepaid cards have a maximum limit of £5,000.
How to Claim?
For you to make a claim from your prepaid debit card company for price protection. You need to login to your prepaid card account and click on ‘chargeback’. Where you need to complete this section in full. If at any point you are unsure just ring customer services and they will guide you through the whole process.