I want to purchase an online dating service that only allows you to view messages if you pay, but then cancel the subscription after I read the messages. Will that show up on the credit card bill as paid and then refunded? or not at all?
2007-10-09 13:11:39 · 6 answers · asked by Edags 2 in Business & Finance ➔ Credit
Yes, it will show up on the bill as a charge, and the refund will show up on the bill also, and your parents will find out you used their credit card without permission. It's not a good idea.
2007-10-09 13:37:05 · answer #1 · answered by likepepsi 7 · 0⤊ 0⤋
read the terms of the offer carefully. If it allows you to do this on a trial basis and get a refund within a certain time period, then those are the terms. It is rare that they ask for a number and state that your card will not be charged. It sometimes happens that way, but usually only for age verification. If not, you will be charged and NOT get a refund. In any case, since they are asking for your credit card number BEFORE they give you access, an authorization WILL be posted via the credit card you submitted, and the "purchase" will show on your statement. If you are entitled to cancel within a certain time period, and you do so, you will get a REFUND credit dated after you cancel.
2007-10-09 13:21:57 · answer #2 · answered by Mike 7 · 0⤊ 0⤋
Well, that's unethical and might even be considered stealing. I know someone who got fired because they bought a shirt, wore it and then returned it.
To answer your question....
Yes, the charge will be on your statement and the refund will also be on your statement. Although they cancel each other out, they don't disappear.
Will you end up having to pay for it?
It depends on your billing cycle. If your billing cycle runs from Sept 5th - October 4th and you sign up for the service on October 3rd, the billing cycle will close on the 4th and it's doubtful your refund will have shown up yet. This means you will probably have to pay the service fee because it was included in your statement closing balance. (If there are no other charges on the card, as long as the refund is posted by the time the payment is due - you will not end up paying anything.)
So, charge it near the beginning of the billing cycle to avoid that problem.
It may also depend on the terms of your contract with the credit card company - they commonly have up to 30 days before posting a refund to your account. (Although usually it processes within a few days of the refund.)
2007-10-09 18:38:04 · answer #3 · answered by Sophie 2 · 0⤊ 0⤋
Yes, however a refund may take several week to show up on a credit card statement. You will have a charge from them on you credit card for the initial payment and then when ever they decide to refund your payment you will see a credit.
If the service was that bad I would just call the credit card company and dispute the charge, explain to them how rotten and nasty the service was and that you can get a satisfactory answer on a refund. You credit card company will reverse payment and take care of the whole mess for you.
2007-10-09 13:19:28 · answer #4 · answered by Randy W 5 · 0⤊ 0⤋
Most businesses I have dealt with are fast to charge your credit card and slow to process refunds, so you will probably see the charge hit your card and it may take a month or two before you see the refund.
2007-10-10 04:53:47 · answer #5 · answered by ArchTx 1 · 0⤊ 0⤋
Only if they processed a payment would it show on your statement. If this applies, then your statement will show a debiting transaction from the service and later a credit from the service. If it was one of those trial memberships, then they don't process payment until after the initial trial period expires. In this trial period scenario there would not be any transaction record on your statement.
2007-10-09 16:35:02 · answer #6 · answered by oceanpotion™ 3 · 0⤊ 0⤋