If you’ve noticed a Daily Info 24 charge on bank statement, you might be confused about what it means. This blog will explain what this charge is, why it appears, and what steps you can take if it doesn’t seem right.
What Is Daily Info 24 Charge on Bank Statement?
The Daily Info 24 charge on bank statement often shows up when someone has subscribed to a service that provides daily updates or reports. This could include financial updates, credit monitoring services, or subscription-based information platforms. These services usually charge a small fee daily, which can add up over time.
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Here’s an example of what it might look like on your bank statement:
Date | Description | Amount |
---|---|---|
Dec 5, 2024 | Daily Info 24 Charge | $1.99 |
Dec 6, 2024 | Daily Info 24 Charge | $1.99 |
Why Does This Charge Appear on My Statement?
This charge appears because:
You Subscribed to a Service
You may have signed up for a daily information service that charges a small daily fee. This could be for news updates, market data, or other alerts.
Free Trial Conversion
Sometimes, services offer a free trial but start charging after the trial period ends. If you forgot to cancel, you’ll see these charges.
Unauthorized Transactions
There’s also a chance that someone else used your card details without your permission.
How to Identify the Source of the Charge?
If you’re unsure where the charge comes from, follow these steps:
Check Emails and Texts
Look for confirmation emails or messages about a subscription. Search for terms like “Daily Info 24” or similar.
Visit the Website
Try visiting the website associated with “Daily Info 24.” You might find more information about the service.
Contact Your Bank
Banks often have customer support that can help identify the merchant.
Check Past Transactions
Look at your past bank statements to see when the charges started. This can give you clues about when you signed up.
How to Stop the “Daily Info 24” Charges?
If you no longer want this service, you can stop the charges by following these steps:
Cancel the Subscription
- Log in to the account where you signed up for the service.
- Find the subscription or billing section and cancel the plan.
Contact Customer Support
- Look for customer support details on the service’s website.
- Call or email them to request a cancellation and refund (if applicable).
Notify Your Bank
- If you believe the charge is unauthorized, report it to your bank.
- Request a chargeback or block future transactions from the merchant.
Monitor Your Account
- Keep an eye on your bank statements to ensure no further charges appear.
Tips to Avoid Unwanted Charges
Read Terms and Conditions
- Always read the terms before signing up for free trials or services.
Set Reminders
- If you subscribe to a free trial, set a reminder to cancel before the trial ends.
Use Virtual Cards
- Some banks offer virtual cards for online subscriptions. These can help you manage and block charges easily.
Review Statements Regularly
- Check your bank statement every month for unfamiliar charges.
Sample Email to Dispute the Charge
Here’s a sample email you can send to dispute the charge:
Subject: Request to Cancel Subscription and Refund Charges
Dear [Service Name] Customer Support,
I recently noticed charges from your service on my account. I do not recall signing up or authorizing these charges. Please cancel my subscription immediately and refund the charges.
Here are the details:
- Name: [Your Name]
- Email/Account ID: [Your Email or Account ID]
- Transaction Date(s): [List Dates]
Thank you for your assistance.
Best regards,
[Your Name]
FAQs: Daily Info 24 Charge on Bank Statement
What is Daily Info 24 charge on bank statement?
It’s a charge for a daily subscription service, often related to information or updates.
Is the Daily Info 24 charge a scam?
Not always. It could be a legitimate charge for a service you signed up for. However, it could also be unauthorized, so verify its source.
How do I cancel the Daily Info 24 service?
Log in to the service’s website or contact their customer support. You can also ask your bank to block the merchant.
What should I do if I didn’t authorize the charge?
Contact your bank immediately to report the unauthorized transaction. Request a refund or chargeback if needed.
Can I get a refund for the Daily Info 24 charges?
You may be eligible for a refund if you cancel the service quickly or prove the charge was unauthorized.
Conclusion
The Daily Info 24 charge on bank statement is often linked to subscription services. While it might be a legitimate charge, it’s essential to verify its source. By staying vigilant and regularly reviewing your bank statements, you can avoid unwanted charges.
Disclaimer: This blog is for informational purposes only. The content is based on general knowledge and may not cover all scenarios. For specific concerns, please contact your bank or a financial advisor.