Originally Posted by
Ldnn1
Indeed, but I wasn't talking about the 261 question in my post - I was responding to Jambon87's more general assertion, which is *not* how s.75 works. It implied for example that the credit card company would not be liable for the cost of a replacement flight, whereas my experience, and my understanding, is that they are.
The 261 question is not something I've looked into.
MasterCard Chargeback is a system companies are set to process claims to MasterCard.
Under Sec75, a credit card issuer is indeed liable for the breach of contract should a airline fail and in will refund the money that the person paid, however a credit card company is not responsible or liable to pay for new flights. Unless you have specific travel insurance with that card provider that covers this.
As I would tell customers, paying with a credit card is not travel insurance.