Monday, August 8, 2016

Cathay Pacific is the latest airline to revise its credit card fees for online bookings, in line with the Reserve Bank's new rules on surcharging.
From September 1, all Cathay Pacific online bookings made in Australia will attract a percentage fee based on the total cost of the ticket rather than the current flat fee of $30.
Payments made using a Visa or MasterCard will attract a 0.99% levy, with American Express and Diners Club cards attracting a 1.3% markup.
In all cases, fees will be capped at $70.
Qantas last month announced it will axe its flat-rate credit card fee in exchange for a 1.3% cut of the booking, although those charges will be capped at $11 for domestic and trans-Tasman flights and $70 for international travel.
Virgin Australia will also move to a percentage-based credit card booking fee, although the airline has not yet revealed what rate it will charge.

Cathay Pacific reveals new credit card booking fees

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