Any truth to this? credit card question - GoFuckYourself.com

BJ · 08-10-2006, 02:17 PM

I have heard that credit card companies only allow each person like 2 chargebacks per year. Is this true or just BS?

BoyAlley · 08-10-2006, 02:19 PM

I've never heard that before........

sextoyking · 08-10-2006, 02:19 PM

BS..... mabey if they suspect you of playing the cb game, they might limit or close your account, but if you have valid cb's they won't do much...

woj · 08-10-2006, 03:00 PM

never heard of anything like that, it could be 2 charge backs from the same merchant though...

Tdog · 08-10-2006, 03:13 PM

I have never herd of the that. I wish it was no chargeback.

pocketkangaroo · 08-10-2006, 03:16 PM

Not really. If it is a fraudulent charge, the CC company is going to protect the consumer 9 out of 10 times. However, if a consumer has a history of chargebacks that seems suspicious, and the companies have disputed his chargebacks, they are less likely to get the lenient treatment in the future.

Kimmykim · 08-10-2006, 03:17 PM

No truth to it.

BJ · 08-10-2006, 03:27 PM

thanks... so what exactly happens if someone is excessive in charging back? For example: They have a pattern of making claims that they received items/service not as described or claim fraud even with positive avs and cvv2 etc.

Diligent · 08-10-2006, 03:32 PM

Don't know at all about that..

But another thing I've heard is that chargebacks are only allowed for amounts above $20...
Which makes me think $10-sites etc. must really looove being chargeback-safe. ;)

Anyone here able to confirm that hearsay?

DutchTeenCash · 08-10-2006, 03:34 PM

not true

you can dispute any charge to your card $0.01 or 1 mln

Diligent · 08-10-2006, 04:13 PM

Thanks for that info thinkx, can be useful if making choices related to it later.

KrisKross · 08-10-2006, 04:22 PM

Like many have said, if the bank notices a habit of frequent chargebacks, they'll eventually say enough is enough.

As for amounts under $20, many banks will simply write off the amount and credit to the customer rather than going through with the chargeback. Typically, it costs a bank a lot more than $20 to file a chargeback.

Keep in mind that it's at the bank's discretion, so some banks will chargeback, and those that typically don't sometimes will.

Diligent · 08-10-2006, 04:55 PM

Thanks KrisKross, always good with some detail knowledge

tical · 08-10-2006, 05:08 PM

Quote:

Originally Posted by Diligent

Don't know at all about that..

But another thing I've heard is that chargebacks are only allowed for amounts above $20...
Which makes me think $10-sites etc. must really looove being chargeback-safe. ;)

Anyone here able to confirm that hearsay?

nope, wrong... i've got cb's here for $1

tical · 08-10-2006, 05:08 PM

Quote:

Originally Posted by KrisKross

Like many have said, if the bank notices a habit of frequent chargebacks, they'll eventually say enough is enough.

As for amounts under $20, many banks will simply write off the amount and credit to the customer rather than going through with the chargeback. Typically, it costs a bank a lot more than $20 to file a chargeback.

Keep in mind that it's at the bank's discretion, so some banks will chargeback, and those that typically don't sometimes will.

thats why the merchants are fined per each cb, it wouldnt cost the bank anything

KrisKross · 08-10-2006, 05:40 PM

Quote:

Originally Posted by tical

thats why the merchants are fined per each cb, it wouldnt cost the bank anything

That's not correct. The fees are two ways. Mechants only get charged half the fees. Keep in mind there are typically two banks involved in the process. The customer's issuing bank has fees as well as the merchant's bank.

I used to work for Visa, FYI.

BJ · 08-10-2006, 05:44 PM

Quote:

Originally Posted by KrisKross

That's not correct. The fees are two ways. Mechants only get charged half the fees. Keep in mind there are typically two banks involved in the process. The customer's issuing bank has fees as well as the merchant's bank.

I used to work for Visa, FYI.

so whats the real answer? If someone is excessive in charging back and it is known to the issuer.

KrisKross · 08-10-2006, 07:55 PM

Quote:

Originally Posted by PureMeds

so whats the real answer? If someone is excessive in charging back and it is known to the issuer.

The policy varies from one bank to another.

madawgz · 08-10-2006, 07:56 PM

only 2, thats impossible!

08-10-2006, 02:17 PM	#1
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	Any truth to this? credit card question I have heard that credit card companies only allow each person like 2 chargebacks per year. Is this true or just BS?

08-10-2006, 02:19 PM	#3
sextoyking Confirmed User Industry Role: Join Date: Dec 2001 Location: Portland, OR. Posts: 6,034	BS..... mabey if they suspect you of playing the cb game, they might limit or close your account, but if you have valid cb's they won't do much... __________________ ICQ: 52344098 -------------------------------------- 50% Commissions on all Product Sales. http://www.wishing.com/money

08-10-2006, 03:00 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	never heard of anything like that, it could be 2 charge backs from the same merchant though... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

08-10-2006, 03:13 PM	#5
Tdog Confirmed User Join Date: May 2006 Posts: 2,707	I have never herd of the that. I wish it was no chargeback. __________________ SOLOGIRLPAYS.COM Very Hot Solo Girls now paying 50% sales,rebills and 10% webmaster referral. Free Hosted Galleries are ready to go !!

08-10-2006, 03:32 PM	#9
Diligent Confirmed User Join Date: Aug 2003 Location: Hoy Suecia, mañana Nirvana Posts: 1,594	Don't know at all about that.. But another thing I've heard is that chargebacks are only allowed for amounts above $20... Which makes me think $10-sites etc. must really looove being chargeback-safe. ;) Anyone here able to confirm that hearsay? __________________ ~¤~ MORE MONEY ~¤~ VOD? XoD! ~¤~ ~¤~ ICQ# 9828 2461 ~¤~

08-10-2006, 02:19 PM	#2
BoyAlley So Fucking Gay Join Date: Nov 2004 Posts: 19,714	I've never heard that before........

08-10-2006, 03:16 PM	#6
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	Not really. If it is a fraudulent charge, the CC company is going to protect the consumer 9 out of 10 times. However, if a consumer has a history of chargebacks that seems suspicious, and the companies have disputed his chargebacks, they are less likely to get the lenient treatment in the future.

08-10-2006, 03:17 PM	#7
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	No truth to it.

08-10-2006, 03:27 PM	#8
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	thanks... so what exactly happens if someone is excessive in charging back? For example: They have a pattern of making claims that they received items/service not as described or claim fraud even with positive avs and cvv2 etc.

08-10-2006, 03:34 PM	#10
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	not true you can dispute any charge to your card $0.01 or 1 mln __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

08-10-2006, 04:13 PM	#11
Diligent Confirmed User Join Date: Aug 2003 Location: Hoy Suecia, mañana Nirvana Posts: 1,594	Thanks for that info thinkx, can be useful if making choices related to it later. __________________ ~¤~ MORE MONEY ~¤~ VOD? XoD! ~¤~ ~¤~ ICQ# 9828 2461 ~¤~

08-10-2006, 04:22 PM	#12
KrisKross Confirmed User Join Date: Jan 2006 Location: Canada Posts: 5,025	Like many have said, if the bank notices a habit of frequent chargebacks, they'll eventually say enough is enough. As for amounts under $20, many banks will simply write off the amount and credit to the customer rather than going through with the chargeback. Typically, it costs a bank a lot more than $20 to file a chargeback. Keep in mind that it's at the bank's discretion, so some banks will chargeback, and those that typically don't sometimes will. __________________

08-10-2006, 04:55 PM	#13
Diligent Confirmed User Join Date: Aug 2003 Location: Hoy Suecia, mañana Nirvana Posts: 1,594	Thanks KrisKross, always good with some detail knowledge __________________ ~¤~ MORE MONEY ~¤~ VOD? XoD! ~¤~ ~¤~ ICQ# 9828 2461 ~¤~

08-10-2006, 07:56 PM	#19
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	only 2, thats impossible! __________________ TAEMDLRMSKRJIXMRLSMRJ.