Mastercard: Fees and Charges

(asked on 5th June 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to ensure that Mastercard publicises the right of Mastercard holders between June 1997 and June 2008 to claim up to £70 each in relation to fees wrongly levied against those cardholders.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 18th June 2025

The Government believes it is important for card fees to be set at an appropriate level for all parties.

In May, the Competition Appeal Tribunal approved a settlement which would allow consumers to claim compensation in relation to historical card fees. It will be for individuals to come forward and claim compensation once further information is made available.

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