Discover Reason Code 05 Good Faith Investigation Chargeback
Dispute
Discover
Card Issuer Name
05
Reason Code
Service Dispute
Category
Claim
Following the retrieval process, the issuer started a good faith investigation, and the merchant accepted liability. A good faith investigation is a dispute that can be initiated well after the standard disputing timeframe has elapsed.
Cause
The cardholder learned of the fraudulent charge months or years after the transaction, and the bank agrees to start a Good Faith Investigation.
Response
Cardholders and issuers have up to 2 years to file a dispute related to the claim against the merchant.
Merchants have 30 days to respond to the claim in dispute.
Steps to Prevention
Offer great customer service. This includes responding to phone calls, emails, and social media messages.
Provide detailed and accurate service and product descriptions.