A credit card chargeback is when a bank returns money to a card holder because a charge was fraudulent or the card holder bought something that wasn’t delivered or was defective.

Credit cards: If you have to dispute a credit card transaction against a merchant, you can raise a chargeback with your bank. If the chargeback request is valid, the transaction will be reversed.

Misuse of the credit card dispute process often backfires on bewildered consumers in shocking ways they never imagined ...

Credit card refunds are a reversal of a transaction made between a consumer and a merchant that follows a return policy and can affect your reward earnings, like a welcome bonus.

File - Credit cards as seen July 1, 2021, in Orlando, Fla. A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase a credit card spending limit.

Generally, chargebacks occur between a merchant and a credit card issuing bank or a consumer. However chargebacks are sometimes issued against consumers, for example in the case of an erroneous ...

If you spotted the scam on social media, you can usually report it directly. On Facebook, Instagram and TikTok, tap the three dots on the post or ad and choose “Report”. On X (formerly Twitter), you ...

Here's why. Credit cards can make it easier to spend without much thought, but they also offer financial protections for shoppers. Credit: Getty Images/iStockphoto/jacoblund ...

Shoppers dispute millions of credit-card charges. They usually win. Illustration: The Wall Street Journal, iStock By Imani Moise June 19, 2024 5:30 am ET ...

Experts say that although the law hasn’t changed, the power of chargebacks has surged, to the point that banks and credit card processors typically side with consumers. When Consumers ...