Quote:
Originally Posted by Neil
I don't understand that sorry. I fill the car up with diesel, it cost £75.00 and only £75.00 comes out of my account. Asda were charged for the card payment but I wasn't. I took some money out of the cash machine last night and I wasn't charged. I am not charged for direct debt payments or when I use my online banking.
Where are these charges that I don't see the bill for? 
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Neil, the card companies charge around 2.5% for credit card use. Asda pay that by charging you 2.5% more in the first place. If you pay cash or use a debit card- well, they've made a bit more profit.
If the charge isn't built into what you pay you'll see an extra charge of 2.5% added to your bill.e.g. paying for a holiday with a credit card. They warn you so you have a choice-credit(charge), debit or cash(no charge).
If you could add up all the money floating around in current accounts it would be? a lot.
The banks know how much they can expect to be holding so they know they can lend that amount at 6 or 7%- that's how the cost of your current is covered.