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+--- Thread: Bank Chargeback Limit? (/Thread-Bank-Chargeback-Limit)
Bank Chargeback Limit? - gatescrusher - 07-06-2022
I read that you should use bank chargebacks as a backup. What are your experiences with this? Where is the limit? 10k, 20k...? I just want to be sure in case I would ever need it. And how often can you submit this to the bank...every 6 months...every 12 months? Can't find much information on this.
RE: Bank Chargeback Limit? - gatescrusher - 07-07-2022
Does anyone have an idea?
RE: Bank Chargeback Limit? - 2ndround - 09-06-2022
SWIM tested 1.5k, the card had solid history as well as high spending. The claim was EB and it went through.
Did read about a guy doing 5k of apple chargebacks once a year but that does seem extremely dumb in the long term and likely to fail.
RE: Bank Chargeback Limit? - mothered - 09-07-2022
Quote:Where is the limit? 10k, 20kThere are no hard and fast rules.
Obviously the greater the value, the more attention It will attract which may lead to a lengthy process.
Quote:And how often can you submit this to the bank...every 6 months...every 12 months?To be on the safe side, once every 12-18 months.
That's on the grounds you're hitting chargebacks on a long-term basis.