How many days does a cardholder have to dispute a charge?

• A. 45 days
• B. 60 days
• C. 15 days
• D. 30 days

Answer: (B)

Time limit to dispute a card charge under the Fair Credit Billing Act is 60 days after the billing statement that shows the error is mailed to you. The clock starts on the date shown on that statement. If you file within this window, you may withhold payment of the disputed amount while the issuer investigates, but you should continue paying the portion not in dispute to avoid late charges. The issuer must acknowledge the dispute within 30 days and complete the investigation within two billing cycles, not to exceed 90 days.