Credit Card Chargeback Guide: All You Need To know

Поделиться
HTML-код
  • Опубликовано: 8 авг 2024
  • Read & Learn More ⬇️⬇️⬇️
    Timeline:
    00:00 Intro
    00:47 What is a Chargeback?
    02:04 What Does Chargeback Cover?
    02:55 Timeframe to File a Chargeback Claim
    03:45 How the Chargeback Process Goes?
    05:11 Normal Process of a Chargeback (1)
    06:56 Optional Steps in The Process
    07:39 Improper Instances of Chargebacks
    --------------------------------------------------------------------------------------------------------------
    Learn Credit Cards
    ✏️ How Can You Get a Credit Card with Bad Credit? thesmartinvestor.com/credit-c...
    ✏️ How To Fix Errors and Mistakes in Your Credit Report: thesmartinvestor.com/credit-c...
    ✏️ How to Use Credit Card to Build Credit: thesmartinvestor.com/credit-c...
    ✏️ How to Cancel a Credit Card: All You Need To know: thesmartinvestor.com/credit-c...
    Credit Cards Calculators:
    📳 Cost Of Debt Calculator: thesmartinvestor.com/money/ca...
    📳 Credit Card Debt Calculator: thesmartinvestor.com/money/ca...
    📳 Credit Card Pay Off Calculator: thesmartinvestor.com/money/ca...
    📳 Savings, Taxes, and Inflation Calculator: thesmartinvestor.com/money/ca...
    --------------------------------------------------------------------------------------------------------------
    Compare Credit Cards
    📌 Best Credit Cards for Bad Credit : thesmartinvestor.com/credit-c...
    📌 Best Credit Cards for Excellent Credit: thesmartinvestor.com/credit-c...
    📌 Best Credit Cards for Fair Credit : thesmartinvestor.com/credit-c...
    📌 Best Credit Cards for Good Credit : thesmartinvestor.com/credit-c...
    📌 Best Discover Credit Cards : thesmartinvestor.com/credit-c...
    📌 Best Capital One Credit Cards: thesmartinvestor.com/credit-c...
    📌 Best Chase Credit Cards : thesmartinvestor.com/credit-c...
    --------------------------------------------------------------------------------------------------------------
    🙏 Follow us 🙏
    Subscribe to our RUclips Channel: / @thesmartinvestor4539
    Our Website: thesmartinvestor.com/?...
    Twitter: / infoforinvestor
    Facebook: / infoforinvestors
    --------------------------------------------------------------------------------------------------------------
    Advertiser Disclosure: Some of the links and other products that appear on this website are from companies which The Smart Investor will earn an affiliate commission or referral bonus.
    This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all companies or all available offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.

Комментарии • 35

  • @jerry3579
    @jerry3579 Год назад +4

    Thank you so much for this very useful information. The best piece of advice that I learned from this was that I have a time frame for how long I wait to file a chargeback claim. Knowing this, I'll now put more pressure on the company to deliver the goods that got lost in the mail, so they say. They took out my money as a down payment. This is NOT ok.

  • @NOT-WOKE-007
    @NOT-WOKE-007 3 года назад +1

    Yes, I just filed one on a cruise that was cancelled by the cruise line in early November. Tired of waiting for my refund!

  • @thedude2651
    @thedude2651 4 года назад +1

    I was charged a cleaning fee on a rental car. Can a chargeback be done in this situation?

    • @BrutallyHonest-
      @BrutallyHonest- 3 года назад

      Unfortunately I don’t believe so. It’s really their word over yours and I’m assuming you don’t have any photo evidence of the vehicle’s condition upon its return :/ have you informed the rental car company that you’d like to dispute their (probably erroneous) claim? There might be a loophole/work-around somewhere in the rule book. I’m not an expert though, that’s just my humbled opinion
      This might help: www.elliott.org/travel-problems/why-charged-extra-rental-car/

  • @neilallen507
    @neilallen507 4 года назад +3

    What happens if a merchant offers you a cash refund for a credit card purchase ?

    • @began4895
      @began4895 4 года назад +1

      Neil Allen if you go through the charge back system and you were scammed you are almost guaranteed to get your money back. So it is better to just go through the situation that way.

  • @marianmartin9441
    @marianmartin9441 3 года назад

    I ordered some leg circulation equipment from a company online. Credit card company paid the company. Never received the item. Filed a complaint with credit card company 8 months ago. I think the company has gone out of business now. What do I need to do to get my credit card charged back. 8 months sounds like a long time to resolve this issue. Advice would be appreciated.

    • @thesmartinvestor4539
      @thesmartinvestor4539  2 года назад +1

      Most of the credit cards issuers will compensate you, since you didn't get the item. Check with your issuer.

  • @juliannaokike3359
    @juliannaokike3359 Год назад

    Overdraft payment or payment.

  • @unknownreporter5064
    @unknownreporter5064 3 года назад +1

    What if you scam someone on paypal can you go to jail if they file case and so on stuff anyone can please answer

    • @swaggyg6017
      @swaggyg6017 3 года назад +1

      yes, they can file police report, and paypal will release your adress on file.

    • @jnetwork3232
      @jnetwork3232 3 года назад +9

      Bro why you questioning that lmao stop scamming

    • @danknuggz7098
      @danknuggz7098 3 года назад +1

      @@jnetwork3232 clear as day if ur asking that smfh

    • @goseiihf898
      @goseiihf898 2 года назад

      He locked up now

  • @robertageorge1140
    @robertageorge1140 Год назад

    what happens when the customer, me, puts a service from a Dr into dispute w/ creditcard co. Credit Card co. resolves dispute in My favor. Then dr sends me the same bill saying I owe him the money... How can dr do this? Creditcard co. said he can never charge to my card again so this is just a paper invoice dr sent me. I have zero intent on paying him.

    • @XCELS14
      @XCELS14 2 месяца назад

      How did this go?

  • @LuisC7
    @LuisC7 5 лет назад

    Hello! I bought a thing for €130 online, but the seller just banned me and scammed me. I payed with my credit/debit card. What can I do?

    • @thesmartinvestor4539
      @thesmartinvestor4539  5 лет назад

      Try talking to your credit/debit card company.

    • @LuisC7
      @LuisC7 5 лет назад

      @@thesmartinvestor4539 My bank or Mastercard?

    • @LuisC7
      @LuisC7 5 лет назад

      When I call Mastercard they redirevt to my bank.

    • @teekaybe4016
      @teekaybe4016 4 года назад

      @@thesmartinvestor4539 I still don't understand why if Family member made an unauthorized purchase you cannot get a charge back? The FTC has gone after Amazon, Apple, and Google because children were making $1000 in unauthorized purchase.

  • @Mar-sb1ss
    @Mar-sb1ss 2 года назад

    Does making a return affect your Credit Score?

    • @thesmartinvestor4539
      @thesmartinvestor4539  2 года назад

      Chargebacks will not have a negative impact on your credit score. However, if you have a large number of them, they can have an impact on your merchant account.

    • @MegaMr28
      @MegaMr28 Год назад

      I had 24hrs to inspect product was not damaged. I went way over the 24hrs and the beyond repair .now the merchant won’t refund anything because it states the 24hr thing in the term and conditions.. is it a waste of time to try..?

  • @imthebest7290
    @imthebest7290 2 года назад

    I got a counterfeit item & merchant isn’t helping me.

    • @thesmartinvestor4539
      @thesmartinvestor4539  2 года назад +1

      Hi! In such a case, you can try to talk to your issuer and see if you're eligible for a chargeback.

  • @juliannaokike3359
    @juliannaokike3359 Год назад

    Statement of the details from the merchants.

  • @dearbonks
    @dearbonks Год назад

    A Charge-back has ruined my life! Help!

  • @theindividualizt
    @theindividualizt 3 года назад +1

    You omitted to say how we file a chargeback!

  • @frankw9836
    @frankw9836 Год назад

    I bought a so called "cuddle clone" and paid £186 + £ 50 Duty from the US ( i am in the UK) in July 22 when i received my Item i was so disappointed the "toy " I received was nothing like my dog at all . I contacted the Company provided pictures of the toy i received and they agreed that " in this case they got it wrong" and they want to re do it again . Because i was so disappointed and lost trust i decided against a remake and ask my money back. Cuddle clone told me they don't do refund !? So i contacted my Credit card and requested a recharge which i received on July 5th . The toy i donated to a charity shop ! I thought it was done and lost £50 Duty i paid. Today 23.09 ( 8 weeks after i got my refund) i received a letter from my credit card telling me that the Company challenged my chargeback and now have to pay again ? I thought the company only have 45 days to challenge ???