Merchant Credit Card

  Merchant Credit Card  - How to dispute a faulty credit card bill and claim a chargeback  - Jun 18, 2007  

Credit cards are increasingly being used for offline and online shopping. With this rapidly growing phenomenon there are reports of credit card misuse and shopping fraud which might require disputing a particular credit card bill.

A person can dispute his credit card bill in two ways. First, when he hasn't bought anything and the actual purchase or billing on the credit card was done by someone else fraudulently or it simply got there by mistake. In second case the credit card holder purchases something (usually online) and when he receives the product he finds it substandard, defective, or simply a wrong shipment. In both the cases credit card holders can get their amount back because they were duped in one way or another.

The process of disputing a fraudulent or unworthy credit card bill is pretty simple. A very basic thing such as keeping record of every transaction that you make until things get satisfactory or they show correctly on your billing statements, helps tremendously in this process.

In the first case where you find that someone has fraudulently billed your credit card, contact the credit card company as soon as you receive any such communication. Talk to the credit card company representative, keep a record of the communication. Tell them that you didn't purchase that thing, and it is a faulty statement. Most of the credit card companies will simply revert the process. Because the credit card fraud liability in US is $50, that's all you owe, and if you have a good relationship with the credit card company this fee is also waived.

In second case when you get a damaged, incorrect or substandard product. Contact the merchant and tell him about the problem, keep a record of every complaint and conversation. If possible interact with the merchant in writing. If the response is positive and the merchant agrees to replace back the product, things are settled. Otherwise contact the credit card company and tell them about your problem. Enclose the copies of complaint and details of defective product. Ask them for a chargeback. All the big credit card companies favour the customer whenever there is a complaint. So, in most of the cases you will get a chargeback.

Being cautious while using credit card and not allowing them to fall into wrong hands will help you avoid any credit card faulty billings. Reading your credit card monthly statements carefully, and checking them against actual purchases will help you find out the wrong statements and dispute them instantly.

  Merchant Credit Card  - Know the various fees associated with All Access Prepaid Visa Card  - May 24, 2007  

The All Access® Prepaid Visa® Card gives you the simplicity and the convenience you need to manage your finances. All Access is more than just a card - it's a full service account that takes care of all of your financial needs in just one place. With all its good features there are certain fees to be paid when you own and use this excellent prepaid card. In this article we take a look at the various fees associated with All Access Prepaid Visa Card.

Some prepaid card charge an annual fee for ownership. A big plus with theThe All Access® Prepaid Visa® Card is that it has no annual fee. This will help the owner save some money. Prepaid cards are frequently used to withdraw cash from ATM's. If you withdraw cash using U.S. ATM's by your All Access® Prepaid Visa® Card the cash advance fee of $2 will be charged and if you are using an international ATM for the same purpose $4.95 will be charged for every transaction. When you apply for The All Access® Prepaid Visa® Card there is an application fee of $9.95 to be paid. When you participate in the All Access® Prepaid Visa® Card program a participation fee of $9.95 per month is charged on your account. The prepaid card owner has an option to pay per transaction also in which case the participation fee can be waived.

The All Access® Prepaid Visa® Card provides various ways of reloading. Depending on each option there are various fees to be paid. If you reload via direct deposits or PayPal transfers the reloading is free or costs you $0, if you use ACH, credit or debit card transfers there is a reloading fees of $4.95 and if you want to reload your credit card in person with retail cash the reloading fees vary by merchant location.

If you don't use your All Access® Prepaid Visa® Card for a certain amount as mentioned in the terms and conditions associated with the debit card there is an inactivity fees of $5.95 to be paid to the prepaid card company. Overall this prepaid card has lots of good features but the fees associated with it makes it a bit costly option to have.

The figures presented in this article were correct and relevant at the time of writing, and are at the sole discretion of prepaid card issuing agency. They can change without notice. The latest figures can be had by logging into the prepaid card website and reading the offer document carefully.

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