Learn about the “1 INFINITE LOOP” charge and why it is showing on your credit card statement.
What is this charge for?
This is a charge for purchase from Apple or one of its subsidiaries, such as iTunes, the App Store, or Apple Music.1 Infinite Loop is the street address of Apple Inc.’s headquarters located in Cupertino, California, United States.
Apple is a well-known technology company that designs and manufactures a range of consumer electronics, including iPhones, iPads, Mac computers, and Apple Watches. They also offer a range of software and services, such as iCloud, Apple Music, and the App Store, which customers can use to download apps, games, and other digital content.
How to determine whether a credit charge is fraudulent or unauthorised?
- Merchant
- Is the merchant’s name familiar to you, or does it look different from what you expect?
- Does the type of product or service align with what you usually purchase?
- Are there any complaints or fraud reports associated with the merchant?
- Amount
- Does the amount match what you remember spending, or is it significantly higher or lower?
- Is it a duplicate charge?
- Date of occurrence
- Does the date of the charge align with any known transactions?
- Potential recurring charge
- Was this charge expected as part of a subscription or regular payment?
- Authorised transaction
- Did you consciously make a purchase or subscribe to a service associated with this charge?
- Unauthorised charges
- Have you provided your credit card details to anyone or any service that could lead to unauthorised charges?
- Could someone else on your account have made the charge without your knowledge?
If you’re unfamiliar with the merchant and the transaction, it is likely a fraud or unauthorised transaction.
What should I do if I suspect fraud?
- Take note of the unfamiliar transaction, including the merchant’s name, the amount, and the date. Then gather documentation such as receipts, transaction confirmations or any correspondence related to the transaction in question.
- Call your bank or credit card company immediately to notify them of the suspected fraudulent charge. Ask them for a specific procedure for disputing the charge and request a fraud investigation.
- Secure your account by updating your online banking passwords, setting up alerts for new transactions, or freezing your credit.
- Check the status of your dispute and ask for written confirmation of the outcome.