They are definitely not subject to the same rules as a CC. The cheques are treated as a cash advance and as such the cover available when you use a CC if goods or services do not come up to expectation does not apply.
If for example you paid for a holiday and the company went bust the CC company would not be liable to pay you out as they would if you paid by CC.
I have been caught out by this rule when the cheques first came out, we did win in the end but it was only because they were new, now the clauses are in the literature that comes withthe cheques.
Bookmarks