Government Card Stamp Duty

Discussion in 'Banking, credit cards, etc' started by pudds, Jan 5, 2017.

  1. pudds

    pudds Frequent Poster

    Posts:
    1,649
    Both cards would be due the €5 reduction.


    PTSB took €5 3/01/2017

    UB took €1.32 4/01/2017

    I know the duty is calculated in a different way but still capped at €5 for dual usage card, so
    why are the amounts deducted not at least the same.
     
  2. gravitygirl

    gravitygirl Frequent Poster

    Posts:
    326
    Are you sure you didn't only make 11 ATM transactions with the UB card, and more than 41 with the PTSB card? The charge is 12c per transaction I believe, and capped at €5.
     
  3. pudds

    pudds Frequent Poster

    Posts:
    1,649
    That probably explains it all right (ptsb is someone elses card) I get about 50/50 atm/cash back...I think there is no charge for cash back just the atm transactions if I'm right

    Budget 2016
    The €2.50 per annum charge on ATM cards and €5 on combined (ATM and debit) cards was abolished from 1 January 2016. A new 12 cent fee per ATM withdrawal is being introduced from 1 January 2016. The total fee paid per annum per card will be capped at €2.50 on ATM cards and €5 on combined (ATM and debit) cards.