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How to dispute a wrong transaction on my credit card

Aakash Namboothiri

Asked 7 May 2026

25

I see a transaction of ₹75,000 on my credit card statement that I never made. What is the exact dispute process and how long does the refund take?

3 Answers

22
Sita Bhati·16 May 2026

Credit score impact: each hard inquiry (which happens on card application) drops your score by 5-15 points temporarily. Applying for 3 cards in 2 months is fine IF you get all 3 approved. If 2 get rejected, you've taken a hit with nothing to show for it. Apply smart, not fast.

13
Selvaraghavan Devadiga·7 Jun 2026

Credit score impact: each hard inquiry (which happens on card application) drops your score by 5-15 points temporarily. Applying for 3 cards in 2 months is fine IF you get all 3 approved. If 2 get rejected, you've taken a hit with nothing to show for it. Apply smart, not fast.

1
Aarohi Brahmbhatt·5 Apr 2026

The 'minimum due' trap is real. Banks love it because they charge ~36-42% interest on the carried-forward amount. If you can't pay the full bill this month, pay at least 50% — anything below that and the interest eats the rewards of the next 6 months.

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