Question 1

What does 'POS PURCHASE*' mean on my bank statement?

Accepted Answer

POS PURCHASE* stands for Point of Sale Purchase and indicates that you made an in-store card purchase at a physical retail location. The asterisk is often followed by a merchant name or partial name. This is a legitimate charge that reflects a debit or credit card swipe, tap, or chip transaction completed at a store's checkout terminal.

Question 2

I don't recognize the POS PURCHASE* charge — could it be fraud?

Accepted Answer

Not necessarily. POS PURCHASE* is a standard label banks use for in-store card transactions, and the merchant name that follows can sometimes appear abbreviated or unfamiliar. Think back to any recent in-store shopping trips and compare the amount to any receipts you may have. If after checking you still cannot match the charge to a purchase you made, contact your bank directly to dispute the transaction, as cancellation or refund options depend entirely on the specific merchant involved rather than a central cancel URL.

Question 3

Why does the amount for POS PURCHASE* vary each time I see it on my statement?

Accepted Answer

The amount listed under POS PURCHASE* is variable because it reflects the actual total of each individual in-store purchase you made at the point of sale. Every transaction is unique, so the dollar amount changes based on what you bought, at which store, and on what date. There is no fixed or recurring fee associated with this label itself.

Question 4

How do I get a refund for a POS PURCHASE* charge I want to reverse?

Accepted Answer

To get a refund for a POS PURCHASE* charge, you will need to go back to the specific store where the purchase was made and request a return or refund according to that merchant's return policy. There is no single cancel URL for POS PURCHASE* charges because the label covers any in-store card transaction across many different retailers. If the merchant refuses a refund and you believe the charge is unauthorized, reach out to your bank or card issuer to initiate a dispute or chargeback process.

POS PURCHASE* Charge (What It Is + Is It Legit?)

Why does this charge appear?

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Is this charge fraudulent?

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