What Is Vioc On Credit Card Statement (2024)

FAQs

What's that charge on my credit card? ›

The easiest way to check your credit card's transaction history is by logging in to your online account through the issuer's website. This way, you will be able to see your past transactions, including the date each transaction took place, the name of the merchant that charged it and the amount.

A summary of the transactions on your account—your payments, credits, purchases, balance transfers, cash advances, fees, interest charges, and amounts past due.

Each time a merchant accepts and processes a credit card transaction, they pay a processing fee to the appropriate financial institution. A credit card surcharge (or cc surcharge) is a fee enforced by the merchant to compensate for some of the cost of payment processing.

If it's a billing error, contact the merchant to resolve the issue. If you believe the charge to be fraudulent, you should contact your card provider to begin the dispute process.

Services can include maintenance, repair, and sometimes improvement of roofs, foundations, window frames, guttering, communal drains and pipes and insurance of the building. Full details should be on the lease documents, which will also state when the service charge is due.

Pay cash. While businesses can charge a surcharge for paying with a credit, debit or prepaid card, they can't charge you more than the advertised price if you're paying in cash.

A service charge is a fee collected to pay for services related to the primary product or service being purchased. The charge is usually added at the time of the transaction. Many industries collect service charges, including restaurants, banking, and travel and tourism.

Consider a pay-for-delete agreement

This common method of negotiating debt involves sending a letter directly to your original creditor or the collections agency. In the letter, you ask the lender to agree to remove a charge-off in exchange for a payment. You can ask to either pay it off in full or partially.

Can I block my credit card from being charged? ›

Stopping a card payment

To withdraw consent, simply tell whoever issued your card (the bank, building society or credit card company) that you don't want the payment to be made. You can tell the card issuer by phone, email or letter.

If you're a credit card holder, you can review your bank or credit card statement. Near each purchase, you should see a “merchant description,” which includes either the four-digit merchant code or the name of the category itself.

Contact your bank right away. To limit your liability, it is important to notify the bank promptly upon discovering any unauthorized charge(s). You may notify the bank in person, by telephone, or in writing.

In most cases the $1.00 is an authorization and not a charge. It is used to verify the card information and in most cases is voided seconds after it is authorized. Note that banks do not have to process the void immediately and so sometimes the void is not processed for a few days.

Interest on credit cards is generally charged on any balances that aren't paid by the due date each month. When you carry a balance from month to month, interest is accrued on a daily basis, based on what's called the Daily Periodic Rate (DPR).

First of all, a business can't charge your card without your permission. It would need to get your authorization first. This holds true whether you're paying with your smartphone or for any other online card-not-present transaction.