Chargeback? - YorkieTalk.com Forums

cindy0721 · 01-27-2008, 06:53 PM

Ok I just looked on my online banking and it is showing a CHARGEBACK & a CHARGEBACK FEE? Does anyone work for a bank? What does this mean? I have no clue what a chargeback is?

bchgirl · 01-27-2008, 06:58 PM

A chargeback is when someone has disputed an amount charged to their credit card. When a seller has not given a refund themselves, it is called a chargeback.

cindy0721 · 01-27-2008, 07:03 PM

thats strange.. I HAVENT SOLD ANYTHING.. to anyone .. i bought something from ebay but paid asap and got my item.. i looked on my paypal and everything is fine.....could it be anything else? goverment like IRS maybe? Or some type of fraud ?>

bchgirl · 01-27-2008, 07:08 PM

It sounds like it's simply a mistake on the bank's part. I'd contact the bank tomorrow....

bchgirl · 01-27-2008, 07:12 PM

Generally when I hear chargeback....I think in reference to credit card sales...but perhaps a check you deposited from someone was returned by their bank...back to yours? Then your bank would chargeback (take out) that amount from your account.

Grayson's mom · 01-27-2008, 07:38 PM

Quote:

A chargeback occurs when a consumer requests a refund from their credit or debit card company. The merchant is billed by its merchant bank, which has been billed initially by the card issuer. This may happen for a number of reasons, but is most often the result of fraud. A chargeback fee, often up to $35, is charged per incident to the merchant, that is not refundable regardless of the outcome of the dispute. A chargeback to a merchant is the electronic equivalent of a returned check deposit. There are other forms of credit reversals that may also be referred to as chargebacks listed below.

found this on line

cindy0721 · 01-27-2008, 07:44 PM

well the amount is $602.12 .... I dont get it .. .I have no clue where it is coming from..

sammiz · 01-27-2008, 08:01 PM

Mercy!

That's a lot of money to have taken out of your account and not know what the heck is going on!

I'd be at the bank when they open.

cindy0721 · 01-27-2008, 08:07 PM

yea i am calling their customer service dept at 7am.. when they open...i dont know if i will be able to sleep tonight,...

sammiz · 01-28-2008, 11:26 AM

Quote:

Originally Posted by cindy0721

yea i am calling their customer service dept at 7am.. when they open...i dont know if i will be able to sleep tonight,...

Any news?

cindy0721 · 01-28-2008, 11:53 AM

well it turns out it was someone who had wrote me a bad check.. geez... thankfully i got all the money but .. i ended up eating the 40 fees.... this really bites.. but at least it wasnt 600 lost...

sammiz · 01-28-2008, 01:01 PM

Thank goodness!

You should be able to recover the fees by charging them to the writer of the hot check.

Glad it worked out for you. That sort of loss would be devastating....for me, anyway.

cindy0721 · 01-28-2008, 01:08 PM

Quote:

Originally Posted by sammiz

Thank goodness!

You should be able to recover the fees by charging them to the writer of the hot check.

Glad it worked out for you. That sort of loss would be devastating....for me, anyway.

i agree...

hha · 01-28-2008, 01:52 PM

It typically takes about 3 days for a check to clear..the best thing to do when you get a check from someone, is take it to their bank, if it's no good, they will tell you right then. otherwise, if you get a check and put it in to your acct. then you never want to write a check off of that money until you're sure its cleared

Lovin3Yorkies · 01-28-2008, 02:15 PM

I think that is so unfair of the banks. When someone gives you a bad check you are out of that money & then out of the fees the bank charges as well. This happened to me a while back, I accepted checks for deposits on my Yorkie puppies and I got a bad one. The bank charged me fees for it, I was so mad. I was mad at the girl that sent me a bad check & mad that I was out of even more money!

01-27-2008, 06:53 PM	#1
cindy0721 Always In My Heart Donating Member Join Date: Aug 2005 Location: The Lone Star State Posts: 3,392	Chargeback? Ok I just looked on my online banking and it is showing a CHARGEBACK & a CHARGEBACK FEE? Does anyone work for a bank? What does this mean? I have no clue what a chargeback is? __________________ Cindy & Gizmo Gizmo on Dogster *Rest in peace My Madda* *very much*

01-27-2008, 06:58 PM	#2
bchgirl Donating YT 10K Club Member Join Date: Apr 2005 Location: at da beach Posts: 10,306	A chargeback is when someone has disputed an amount charged to their credit card. When a seller has not given a refund themselves, it is called a chargeback. __________________ Deb, Ramsey, Reese, Reggie & Trace who watches over us Ramsey 's Bailey

01-27-2008, 07:03 PM	#3
cindy0721 Always In My Heart Donating Member Join Date: Aug 2005 Location: The Lone Star State Posts: 3,392	thats strange.. I HAVENT SOLD ANYTHING.. to anyone .. i bought something from ebay but paid asap and got my item.. i looked on my paypal and everything is fine.....could it be anything else? goverment like IRS maybe? Or some type of fraud ?> __________________ Cindy & Gizmo Gizmo on Dogster *Rest in peace My Madda* *very much*

01-27-2008, 07:08 PM	#4
bchgirl Donating YT 10K Club Member Join Date: Apr 2005 Location: at da beach Posts: 10,306	It sounds like it's simply a mistake on the bank's part. I'd contact the bank tomorrow.... __________________ Deb, Ramsey, Reese, Reggie & Trace who watches over us Ramsey 's Bailey

01-27-2008, 07:12 PM	#5
bchgirl Donating YT 10K Club Member Join Date: Apr 2005 Location: at da beach Posts: 10,306	Generally when I hear chargeback....I think in reference to credit card sales...but perhaps a check you deposited from someone was returned by their bank...back to yours? Then your bank would chargeback (take out) that amount from your account. __________________ Deb, Ramsey, Reese, Reggie & Trace who watches over us Ramsey 's Bailey

01-27-2008, 07:44 PM	#7
cindy0721 Always In My Heart Donating Member Join Date: Aug 2005 Location: The Lone Star State Posts: 3,392	well the amount is $602.12 .... I dont get it .. .I have no clue where it is coming from.. __________________ Cindy & Gizmo Gizmo on Dogster *Rest in peace My Madda* *very much*

01-27-2008, 08:01 PM	#8
sammiz No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA Posts: 1,574	Mercy! That's a lot of money to have taken out of your account and not know what the heck is going on! I'd be at the bank when they open.

01-27-2008, 08:07 PM	#9
cindy0721 Always In My Heart Donating Member Join Date: Aug 2005 Location: The Lone Star State Posts: 3,392	yea i am calling their customer service dept at 7am.. when they open...i dont know if i will be able to sleep tonight,... __________________ Cindy & Gizmo Gizmo on Dogster *Rest in peace My Madda* *very much*

01-28-2008, 11:53 AM	#11
cindy0721 Always In My Heart Donating Member Join Date: Aug 2005 Location: The Lone Star State Posts: 3,392	well it turns out it was someone who had wrote me a bad check.. geez... thankfully i got all the money but .. i ended up eating the 40 fees.... this really bites.. but at least it wasnt 600 lost... __________________ Cindy & Gizmo Gizmo on Dogster *Rest in peace My Madda* *very much*

01-28-2008, 01:01 PM	#12
sammiz No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA Posts: 1,574	Thank goodness! You should be able to recover the fees by charging them to the writer of the hot check. Glad it worked out for you. That sort of loss would be devastating....for me, anyway.

01-28-2008, 01:52 PM	#14
hha No Longer a Member Join Date: Oct 2007 Location: Seneca, SC Posts: 2,837	It typically takes about 3 days for a check to clear..the best thing to do when you get a check from someone, is take it to their bank, if it's no good, they will tell you right then. otherwise, if you get a check and put it in to your acct. then you never want to write a check off of that money until you're sure its cleared

01-28-2008, 02:15 PM	#15
Lovin3Yorkies Senior Yorkie Talker Join Date: Jun 2006 Location: VA Posts: 163	Banks I think that is so unfair of the banks. When someone gives you a bad check you are out of that money & then out of the fees the bank charges as well. This happened to me a while back, I accepted checks for deposits on my Yorkie puppies and I got a bad one. The bank charged me fees for it, I was so mad. I was mad at the girl that sent me a bad check & mad that I was out of even more money!