What is Chargeback?
Chargeback: A chargeback reverses a credit card charge after you dispute it with your card issuer, for example for services you paid for but never received.
Source: Consumer Financial Protection Bureau: How do I dispute a charge on my credit card bill?
Which terms are related?
- Trip cancellation insurance: Trip cancellation insurance reimburses prepaid, nonrefundable trip costs if you cancel for a reason listed in the policy, such as illness.