Type of card
VISA Personal Credit Card
MasterCard Personal Credit Card
MasterCard World Premium Credit Card
MasterCard Signia Premium Credit Card
MasterCard Elite Premium Credit Card
Corporate credit cards
VISA Business Credit Card
VISA Corporate Credit Card
VISA Purchasing Credit Card
MasterCard Business Credit Card
MasterCard Corporate Credit Card
MasterCard Purchasing Credit Card
MasterCard Fleet Credit Card
The secondary legislation is the Fees for Payments of Taxes, etc by Credit Card Regulations, SI 2016/333 and the rationale for the change is given in the explanatory memorandum. In essence, it is being made to ensure HMRC recovers the costs for credit card use charged by the various card-providers. The rates for personal credit cards are capped to 0.3% of an element (called the “interchange” element) by an EU regulation introduced in December 2015. This cap does not apply to corporate credit cards.
There is so far no mention of the rates, or this change, on GOV.UK.