It's not just "poof it's gone" here.
In Australia, if you dispute a credit card transaction, it still counts against your limit and your required repayments until the dispute is resolved. This can take months and be more than inconvenient.
In Australia, if you dispute a credit card transaction, it still counts against your limit and your required repayments until the dispute is resolved. This can take months and be more than inconvenient.
If I complain about a charge (which I will only do if it's truly fraudulent, or not possible to have been initiated by me) the amount is credited immediately while the bank is taking it up with the merchant.
That's exactly the way it should be and if this is not the case you should probably be pushing for stronger consumer protection laws.