Posted on: 06-08-06 12:42:49
Hi
I have a query about credit card transaction that I did in the month of March of this year. I bought a airline ticket, but the transaction is yet to be posted in my statement. The same happened to some of the transactions that I did in India, some of them have been posted, some not yet, and its already more than 90 days.
I checked with TD Visa, they said that I am resposible for the payment/interest only when it appears in my statement. I have taken down the ID number of the callcenter rep who told me this, but a formal email to their office went unreplied.
I am a bit confused; 
Will I be slammed with high interest after they detect the missing transaction, say 6-7 months down the line, or should I just take it easy.
Is it going to be reported to the credit agencies?
Even the contract for the TD Visa Gold card says that a cx is responsible for payment/interest only when it appears in the statement.
Looking forward to comments/advise.
Thanx
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sumjo
no reply.....??
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sumjo
Quote:
Originally posted by sumjo
no reply.....??
Just take it easy, if its not posted on the account yet, there is no way you are accumulating intrest on it, leave aside it being sent for collection.
Take it easy. This normally happens when vendor use the (old) manual swipe machine for credit cards. I believe bank post charges only when they receive a slip that merchant sends in their slip if they used the manual swipe device.
If you do not see your transaction in your statement, then there is nothing to worry.
