Quick Answer: How Long Does A Chargeback Take?

about 45 days

How long does the chargeback process take?

How long can the chargeback process take? It depends on the complexity of the chargeback request and the issuer. The process of investigating a claim typically takes between four weeks and 90 days. However, you may have to wait months to see money back.

How long does it take to chargeback a credit card?

Cardholders have a limit on how long after the transaction processing date they can file a chargeback. The time limit varies, depending on the reason for the chargeback. Generally speaking, cardholders have 120 days to file a chargeback for issues related to: counterfeit or non-counterfeit fraud.

Does a chargeback hurt your credit?

Disputing a charge on your credit card will not negatively affect your credit standing, although the credit card company may add a statement to your credit report indicating that the account is currently in dispute. Late payments remain on your credit report for seven years from the original delinquency date.

What is the chargeback process?

A chargeback typically refers to the act of returning funds to a consumer. The action is forcibly initiated by the issuing bank of the card used by a consumer to settle a debt. To start a chargeback a consumer will contact their credit card company and ask for a chargeback. At this point, the dispute process has begun.