Online shopping can often lead to fake schemes to steal money. So that’s the first thing you think about when you see notifications like a charge for CBI*WINZIP in your banking app. However, in this instance, it’s not hackers who are trying to defraud you. It’s a real company that just takes a fee for its services. Keep reading to find out what is going on with your credit card.
What is WinZip?
WinZip is a Windows application that allows users to store and compress documents in order to more effectively keep or share them.
The application offers a number of instruments for system integration. Their premium services include uploading particular subsidiary types of archive files along with generating Zip archives.
How to cancel your subscription
If you noticed a charge for CBI*WINZIP on your credit card, it was probably for a subscription extension. WinZip provides a confirmation email with all the details of your purchase for every transaction. Try checking your spam or junk mailbox if you haven’t received such an email.
The WinZip subscription renews itself regularly once a year to guarantee you further access to the application.
You can cancel your membership at any time if you decide you no longer want to use or have access to the program. Once you follow the steps below, any automatic continuing subscriptions or charges will stop:
- Open your confirmation order email, and press the “Cancel your subscription” button or follow the similar link to start the foreclosure process.
- If you can’t find your order confirmation email, deactivate your membership by turning to Cleverbridge, the company’s payment partner.
Try to report that to your bank
If you are sure you never purchased the WinZip tool, it’s better to turn to your credit card issuer. Maybe fraudsters have stolen your financial information.
Email or call your bank to dispute the charge for CBI*WINZIP. The bank will then get in touch with that business and look into the situation.
So what is a charge for CBI*WINZIP on your credit card? Most likely, it’s a fee for a subscription you purchased and forgot to cancel. But don’t panic – it’s a common problem, and the methods above may help you fully resolve it!