I’ve never had a credit card of mine report a chargeback, and if they ever did I would cancel the card immediately.
Mostly chargebacks are for actual fraudulent use of the card, and the process also includes getting a new card number.
Lately, most chargebacks I’ve done have actually been issued by the card itself after they detected suspicious activity and sent me a text alert asking about specific charges.
In one case, it was a debit card which I had received in the mail, activated, and never used and had never left the house. That one was particularly bizarre and I let them know something was very wrong there.
Credit cards do not report, merchants banks do directly With credit bureaus. from there they decide if certain card holder triggered too many they put it on.
Mostly chargebacks are for actual fraudulent use of the card, and the process also includes getting a new card number.
Lately, most chargebacks I’ve done have actually been issued by the card itself after they detected suspicious activity and sent me a text alert asking about specific charges.
In one case, it was a debit card which I had received in the mail, activated, and never used and had never left the house. That one was particularly bizarre and I let them know something was very wrong there.