A proposed ban on card surcharges could disrupt a widely used travel perk in Australia: free travel insurance bundled with some credit cards. Multiple outlets report that a substantial share of travellers—about two in five—use credit cards that include free travel insurance when they travel. Travel agents warn that the surcharge prohibition could affect how travel businesses accept payment and handle the transactions that fund or enable these insurance benefits. The concern is that if surcharges are no longer allowed, some arrangements linked to card payments may become less viable, potentially reducing travel insurance coverage offered as part of credit card packages. The reports frame the issue as a risk to an established customer benefit rather than a change already implemented. While the sources focus on the travel industry’s objections and the potential impact on insurance perks, they describe the policy as a proposal, with outcomes depending on how rules are finalised and enforced.
Credit card travel insurers face risk from proposed surcharge ban, agents warn
A proposed ban on card surcharges could disrupt a widely used travel perk in Australia: free travel insurance bundled with some credit cards. Multiple outlets report that a substantial share of travel...
- A proposed ban on card surcharges could affect travel payment arrangements.
- Some credit cards offer free travel insurance to cardholders.
- About two in five travellers rely on credit-card-linked free travel insurance.
- Travel agents warn the surcharge ban could reduce or end the travel insurance perk.
- The reports present the change as a potential outcome of the proposed policy rather than an existing rule.
Two in five travellers rely on free travel insurance offered by their credit cards, but travel agents say the surcharge ban threatens their ability to accept such payments.
2 hours agoTwo in five travellers rely on free travel insurance offered by their credit cards, but travel agents say the surcharge ban threatens their ability to accept such payments.
2 hours agoTwo in five travellers rely on free travel insurance offered by their credit cards, but travel agents say the surcharge ban threatens their ability to accept such payments.
2 hours ago
Nick Arbuckle leads Argos to 26-12 win over Lions, ending losing skid
The Toronto Argonauts end a three-game losing skid with a 26-12 victory over the Hamilton Tiger-Cats (the “Lions” in the...
Typhoon Noul makes landfall in China, prompting evacuations and widespread travel disruptions
Typhoon Noul makes landfall in southern China as authorities issue high-level warnings and activate emergency measures f...
Stuff.co.nz runs daily Hard Word and Really Hard Word vocabulary quizzes
Stuff.co.nz publishes a series of short daily word quizzes under the “Hard Word” and “Really Hard Word” formats. Each en...