Beware of credit card chargebacks this holiday season

Read on to learn more about what is a credit card chargeback, how it works, and when you may be able to request one.

Credit card chargebacks usually occur between a merchant and a credit card issuing bank.

What Is a Credit Chargeback?

Note that you can only make a chargeback within 120 days of the date of purchase.

Medium Brush Stroke

How Does a Credit Charge Back Work?

The Federal Trade Commission (FTC) provides protections to consumers who  use credit cards, including the right to accurate billing, protection  from unauthorized charges.

When to Use a Chargeback

A common reason to request a credit card chargeback is due to fraud or unauthorized use.

Medium Brush Stroke

Fraud or Unauthorized Use


Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.