As an example, I bought a ticket using a British credit card to a music festival... | Hacker News

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		Symbiote on July 15, 2023 \| parent \| context \| favorite \| on: Bank transfers as a payment method (2021) As an example, I bought a ticket using a British credit card to a music festival. The festival went bankrupt so never happened. I claimed the cost of the ticket back from the credit card company. Recovering money from the bankrupt festival is then their problem.

AtNightWeCode on July 18, 2023 [–]

I forgot that credit cards comes with insurance in some places. Most apparent is that you can't even rent a car in some parts of US without a credit card. In EU that type of insurance may be included in the legally obligated housing insurance.

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