Protection when using someone else's credit card?
Discussion
I've Googled like a good 'un but I can't find search results that help...
At some imminent point I intend to spend about £25k on a car - payment in full - no finance. I understand that if a portion of this is paid on a credit card then there are protections which wouldn't otherwise exist. I've never had a credit card but I could get the OH to pay a nominal amount of the price on hers. Question is, would this create a "hole" in the protection mechanism because I own the car but she would be the one protected?
At some imminent point I intend to spend about £25k on a car - payment in full - no finance. I understand that if a portion of this is paid on a credit card then there are protections which wouldn't otherwise exist. I've never had a credit card but I could get the OH to pay a nominal amount of the price on hers. Question is, would this create a "hole" in the protection mechanism because I own the car but she would be the one protected?
Interesting question.
If a big enough problem arises that you need to fall back on the cc protection I suspect it could cause a problem if everyone goes by the book.
You could get receipt in oh name and registered keeper in your name.
Oh can then give you a receipt in your name transferring ownership (if necessary) at a later date when the cc cover has expired. No need to change the v5 as it’s already in your name.
Nothing dodgy in that imo especially between spouses.
If a big enough problem arises that you need to fall back on the cc protection I suspect it could cause a problem if everyone goes by the book.
You could get receipt in oh name and registered keeper in your name.
Oh can then give you a receipt in your name transferring ownership (if necessary) at a later date when the cc cover has expired. No need to change the v5 as it’s already in your name.
Nothing dodgy in that imo especially between spouses.
Technically you can't do anything "on someone else's credit card".
A credit card transaction is a "three way" contract made between the retailer, the card holder and the credit card company. Any "rights" under s.75 belong to the credit card holder.
The credit card holder enters the contract to buy the thing and either makes a gift of it to you or sells it to you in a separate transaction.
If you go in and sign a contract at the retailer and somebody else pays you can't expect s.75 protection. Your contract is only a "two way" contract with the retailer.
A credit card transaction is a "three way" contract made between the retailer, the card holder and the credit card company. Any "rights" under s.75 belong to the credit card holder.
The credit card holder enters the contract to buy the thing and either makes a gift of it to you or sells it to you in a separate transaction.
If you go in and sign a contract at the retailer and somebody else pays you can't expect s.75 protection. Your contract is only a "two way" contract with the retailer.
Edited by Panamax on Monday 2nd January 16:04
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