Does anyone know what i can do if i bought something with my credit card and returned the item back. But haven't recieve back my credit in over one month?
example: i bought a 200$ tv and didn't like it, so i return it with the restocking fee. But have yet to see it in my credit card balance. What can i do?
2007-01-08 10:47:44 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
Report them to your credit card company and dispute the charges. Let your credit card company know that you have returned the item. It may take a couple of months for your credit card company to return the money, but they will always give it back.
Plus, in doing so , you are giving the merchant a double whammy: they will be out of the amount because your card company will get it back from them PLUS they will be slapped with a chargeback fee. The more chargebacks a merchant gets, the higher the chance their merchant account provider will cancel their ability to accept credit cards
2007-01-08 10:52:50 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Do you have a receipt from the merchant showing you returned the item and your card was credited? If not, why did you leave the store without it. If you do, send a copy (not the original) to the credit card issuer and ask why the credit has not appeared on you statement. NOTE: do not send this with your payment. There is a separate 'correspondence address' for this type of inquiry. It may be in a different state than you send payments to.
2007-01-08 21:06:58 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
If you still have the original PURCHASE receipt along with a copy of the RETURN receipt, contact your credit card and complaint about it. Returns/credit normally do not take more than 5-business days to appear on your credit card.
2007-01-09 19:53:32 · answer #3 · answered by lelekid4ever 5 · 0⤊ 0⤋
Call your credit card company and have the charge credited back to your account.
Shady merchants rely on people not checking their statements. Good for you that you did!
2007-01-08 19:56:32 · answer #4 · answered by Anonymous · 0⤊ 0⤋
First contact the merchant and give them the opportunity to clean this up. If they won't follow through, then contact your credit card company and dispute the charge.
2007-01-08 21:07:25 · answer #5 · answered by Jen G 5 · 1⤊ 0⤋
If you wish to accept credit cards, I highly recommend dealing with Payanywhere. They give the minimum commission rates. They haven't any set up or month to month service fees. I have been accepting credit cards using them for more than 5 years and I am very pleased with the service. You can examine that out at: http://is.gd/payanywhere
2014-09-08 22:01:48 · answer #6 · answered by Anonymous · 0⤊ 0⤋