Monarch hikes credit card booking fees for flyers: This is Money

Posted: April 25, 2012 in Airlines, Aviation & Airports (General News), Gatwick
Tags: , , , , , ,

[This is Money] Customers heading overseas with budget airline Monarch this Summer should brace for a hike in credit card fees.

Extra costs: Three-quarters of Monarch passengers could see their credit fees rise, according to Which?

Three-quarters of Monarch passengers could see their credit fees rise, according to Which?

The airline has increased its credit card booking fees for the majority of its customers. Monarch used to charge a  £10 flat fee but now asks for £5 or 4 per cent of the cost of the total booking – whichever amount is higher.

This means a family of four flying to Spain in June would pay £1,243 for their flights and would then face an extra £50 in credit card fees.

The Government announced late last year would ban profiteering on all forms of payment by the end of 2012 and ruled businesses would only be able to charge what it costs them to process a transaction.

A Monarch spokesman says the airline will not make a profit through the fee hike and says many of the airlines 3.9m customers will pay less as a result of the change.

But a spokesman for consumer lobby group Which? says…..

Read the rest of this story at This is Money…..


By Ruth Lythe
25 April 2012


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