Is it common practice to have your credit card charged before your woot item ships????
You've been a member since 2006 and you're just wondering this now?
Yes, that's the normal practice. You order, they charge, and then (sooner or later, but withing five business days, unless it's wine, which may take longer) it ships.
That's the way it works. That's the way it's ALWAYS worked.read more collapse
@shrdlu: The OP does have a point. Generally a merchant will get a pre-authorization to your credit card to make sure the funds are available and set aside. Then, when the item ships, the card is actually charged at that time.
As for me, it doesn't really matter because even if the credit card is charged immediately, you have about up to 55-56 days before you have to pay it. That's assuming you bought it the day after your previous cycle ended. Then you have 30-31 days before the next statement prints plus a 25 day grace period (usually).
If, for some reason, it gets to 60 days AFTER your statement cycle date and you still have not received the product, you better begin the dispute process. If you do not, you can lose your rights to dispute it later if you never receive it. While an item is in dispute status, you do not have to pay for it. Once you finally receive the product, then you send payment to your credit card company for the item.read more collapse
- Aug 2, 2012 3:43 PM
- Asked By
- 9 times
- Recently Viewed
- 3670 times
- Voted Against
- 3 times
- Voted For
- 3 times