Even if the airline goes bust, UK residents who have taken the precaution of paying by credit card (as distinct from debit card) can claim on their credit card provider, which is jointly liable with the airline, where the sum paid is over £100. In my case it is.Sinned wrote: ↑Sat May 23, 2020 5:12 pmThere's risk both ways. Thousands of customers demanding cash refunds could push the airline into administration but at least you should get your money unless you are last in the queue. Accept vouchers and the airline will be relieved and possibly prepared to bend over backwards to accommodate you but if the airline goes bust then the chances are that you will lose your money. Hobson's choice.
Even if you only paid part on credit card you can claim the full cost from the card company. It’s section 75 of the consumer credit card. That’s the reason I always pay a small amount this way even for something like a car. Trading Standards pointed this out to me when a company went bust and a boat I had bought was wrongly repossessed as part of its assets.