Longtime Consumerist reader TBT read the fine print for a credit card she recently opened with Bank of America, and discovered that buried in pages 13 and 14 is a section that limits your right to request a chargeback to your home state or within 100 miles of your home address, and only for purchases over $50. He found this shocking, but, actually, this is a limitation provided by the Fair Credit Billing Act. If you dislike it, here’s a great post of ours on writing effective letters to Congress.
Chargebacks Have Geographical Limitations
By cwalters May 9, 2008
More From Consumerist
- Forgot To Return A Purchase? Maybe Your Credit Card Issuer Can Help
- 5 Signs That You Shouldn’t Be Using Credit Cards
- American Express Automatically Switched Me To Paperless Statements; Is That Legal?
- Court Sides With Consumer In Suit Against Retailer That Charges $250 When Customers Threaten To Complain
- Bank Of America Must Pay Family $1 Million For 5 Years Of Unwanted Robocalls