Is there a time limit to dispute a debit card charge?
Is there a time limit to dispute a debit card charge? What's the Time Limit for Filing a Chargeback? Each card network and issuing bank sets its own time limits for filing a chargeback, but U.S. law sets a minimum time limit of 60 days. Most banks give cardholders 120 days to dispute a charge.
Can a bank refuse to dispute a charge?
There are several possible reasons a credit card company may deny a dispute claim: You provided inaccurate information. There's insufficient evidence of an error or unauthorized charge. The charge was too old.
Can the bank reverse a debit card transaction?
The term payment reversal applies to any transaction when payment funds are returned to a cardholder's bank. A payment reversal can be initiated by the cardholder, merchant, issuing bank, acquiring bank, or card network. There are lots of reasons why a payment reversal may take place.