VISA TO PROVIDE BREAKDOWN OF AIRLINE FEES ON CREDIT CARD STATEMENTS
May 16, 2015
In an effort to make airline ancillary fees more transparent to consumers, Visa will begin categorizing airline charges for ancillary services separately from those for the purchase of airfare. Charges that will be listed separately will include, but not be limited to, those assessed for checked bags, in-flight meals, and seat upgrades. Visa did not provide a specific date, but said that the new policy would be put in place in the coming months. American Express already breaks out such charges, and MasterCard has announced that it will soon offer the same service.
If you have any questions, please contact Evelyn Sahr (esahr@eckertseamans.com, 202-659-6622) or Drew Derco (dderco@eckertseamans.com, 202-659-6665).