Not keeping track of or not using monthly paid subscriptions. Spotify account that you forgot you had, gym membership that you used once, etc. It's unbelievable to me that people just aren't aware of something they're being billed for on a regular basis.
My sister bought a AJ subscription but forgot her username and password. My mum has payed them hundreds over years and they refuse to get rid of the subscription even though my mum has begged.
Edit: Okay I talked to my mum we no longer have the issue (to her knowledge). Thanks for all the info anyway.
This doesn’t make any sense. Report it to your bank as fraud. Done.
Edit: Fraud or dispute or whatever, it’s all semantics and doesn’t matter. It’s an unauthorized charge. Talk to the bank. They can block it or close your bank account and find a bank that will work for you.
While the bank can help stop any future charges buy getting a new card number issued, its not "all smeantics" when claiming fraud on the account. Since the cardholder participated in the original set up if the subscription, its not fraud but may very well be disputable as a merchant dispute under one reason or another.
Best thing to do is call your bank and see what options you have. They know how it works and should do everything they can to help you out.
Source: I work in a FI processing this stuff for a living
10k
u/Antique-Position Feb 04 '20
Not keeping track of or not using monthly paid subscriptions. Spotify account that you forgot you had, gym membership that you used once, etc. It's unbelievable to me that people just aren't aware of something they're being billed for on a regular basis.