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Home›Learn›Credit Card Chargeback
financial protection

Credit Card Chargeback

A reversal of a credit card transaction initiated by the cardholder through their bank.

📜 Fair Credit Billing Act (15 U.S.C. § 1666)📅 Since 1974
🇺🇸 United States🌍 Global

📖 What It Means

A chargeback is a consumer protection mechanism that allows credit card holders to dispute a transaction directly with their bank or card issuer. When you file a chargeback, the bank reverses the charge and investigates. If the bank rules in your favor, the merchant loses the funds plus a chargeback fee ($15-$100). Chargebacks are your last resort after trying to resolve the issue with the merchant directly.

✅ Key Points

  • 1File within 120 days of the transaction (Visa/Mastercard) or 60 days for billing errors (FCBA)
  • 2Must attempt to resolve with merchant first — document your attempts
  • 3Bank investigates and may issue a provisional credit immediately
  • 4Merchant can dispute the chargeback with evidence
  • 5Too many chargebacks can result in merchant account termination

💡 How to Use This

Always try to resolve with the company first and document everything. If they refuse, file a chargeback citing "services not provided" or "services not as described." Our templates include chargeback-ready language.

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⚖️ Legal Citation

Fair Credit Billing Act (15 U.S.C. § 1666)

Use this citation in your dispute letters for legal weight.

🔗 Related Terms

Section 75 (UK Credit Card Protection)

UK law making credit card companies jointly liable for purchases between £100-£30,000.

Fair Credit Billing Act (FCBA)

Federal law protecting consumers from unfair credit billing practices.

Dispute Letter

A formal written communication to a company disputing charges or requesting action.

Ready to fight back?

Use our free templates with Credit Card Chargeback citations built in.

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