Your credit card can be a lifesaver. Here's how.

Author

George Beecroft
January 09, 2026

👋 Hey guys - Noah here,

Last summer, my mate booked a £2,500 holiday to Greece. Two weeks before his flight, the travel company went bust.

He thought his money was completely gone.

But three weeks later, he got every single penny back. Not from the travel company (they were finished). From his credit card provider.

How? A UK law called Section 75.

Most people have no clue this protection exists. But it's honestly one of the most powerful money-saving tools you can use.

Let me show you how it works...

What is Section 75?

Section 75 is a UK law from 1974 that makes your credit card company equally responsible if something goes wrong with your purchase.

Let's say you buy a laptop that never arrives. Your credit card company has to refund you.

It's not the credit card company being nice. It's actually the law.

Here's the clever bit...

Say you're buying a £5,000 used car from a dealer. You pay a £200 deposit on your credit card. The rest you pay in cash.

If that car turns out to be faulty, you can claim back the full £5,000 from your credit card company. Not just the £200 deposit. The whole amount.

This is mental. But it's how the law works.

The rules you need to know

Section 75 only works if:

The item costs between £100 and £30,000
A £95 jumper won't be covered (even with £10 delivery). But a £100 pair of trainers will be covered for the full amount.

You pay on a credit card (not a debit card)
Debit cards have something called "chargeback" which can help, but it's not as strong as Section 75.

You pay the seller directly
This is important. If you pay through PayPal (where PayPal pays the seller), you might not be covered. Always pay the seller directly with your card when possible.

When you can claim

You can claim under Section 75 if:

  • Your item never arrives

  • The item is faulty or broken

  • The item isn't as described

  • The company goes bust before delivering

  • You had to spend extra money because of the problem (like booking a more expensive flight home when an airline collapsed)

Real example: Someone paid a £200 deposit on their credit card for a £22,400 kitchen. The company went bust before fitting it. They got all £22,400 back from their credit card provider.

Why this matters for you

Most people only use credit cards to spread costs. But Section 75 is honestly way more valuable.

It means you can buy things with confidence. Booking a holiday? Use your credit card for the deposit. Buying expensive trainers online? Credit card. Getting furniture fitted? Credit card deposit.

If anything goes wrong, you're covered.

This protection has saved people thousands when airlines collapsed, shops closed down, or items never turned up.

It's free protection that you already have. You just need to use it.

Speaking of protecting your money...

Section 75 is brilliant for keeping your money safe when you spend it. But what about actually growing your wealth?

I've been learning about property investment lately, and honestly, it's one of the best ways to build real wealth in the UK.

My friend Samuel Leeds is running a free training that breaks down exactly how everyday people are using property to become financially free. No massive deposits needed.

If you're serious about building wealth (not just protecting what you've got), this training could be exactly what you need.

All the best,
Noah