CBS — Paramount+ Bank Charge Explained

CBS on your bank statement is a transaction descriptor for Paramount+, a subscription company. Paramount+ is a streaming service carrying CBS, Paramount and related content (formerly CBS All Access). A recurring charge is your monthly or annual subscription at your chosen tier.

What Is the CBS Charge?

CBS is a transaction descriptor for Paramount+, a subscription company.

Paramount+ is a streaming service carrying CBS, Paramount and related content (formerly CBS All Access). A recurring charge is your monthly or annual subscription at your chosen tier. It typically appears as PARAMOUNT+ or PARAMOUNTPLUS on your statement.

This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code CBS is the official identifier that Paramount+ registered with Visa or Mastercard.

Is the CBS Charge Legitimate?

Paramount+ is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your Paramount+ account to review recent activity.

How Do I Cancel or Dispute a CBS Charge?

  1. Identify the charge: Confirm the charge is from Paramount+ by checking your email for a receipt or logging into your account on their website.
  2. Cancel your subscription: If you no longer want the service, log in to Paramount+ and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise the charge, contact Paramount+ customer support and ask for an explanation and refund.
  4. Dispute with your bank: If the merchant does not resolve the issue, call the number on the back of your card and ask to raise a chargeback on the CBS transaction. Provide the transaction date and amount.
  5. Section 75 rights: If you paid by credit card and the amount was over £100, you may have additional protection under Section 75 of the Consumer Credit Act 1974.

What Other Names Does Paramount+ Use on Bank Statements?

Paramount+ may also appear on your statement as:

Frequently Asked Questions About CBS

What is CBS on my bank statement?

CBS is a bank statement transaction code for Paramount+, a subscription company. Paramount+ is a streaming service carrying CBS, Paramount and related content (formerly CBS All Access). A recurring charge is your monthly or annual subscription at your chosen tier. It typically appears as PARAMOUNT+ or PARAMOUNTPLUS on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is CBS a scam?

Paramount+ is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your Paramount+ account to review recent activity.

Why is CBS on my bank statement?

CBS appears on your statement because Paramount+ processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.

How do I cancel CBS?

To stop CBS charges from appearing on your statement, you need to cancel your Paramount+ subscription or account. Log in to the Paramount+ website, go to your account settings, and cancel your subscription. If you cannot find the cancellation option or do not recognise the charge, contact your bank to dispute it and block future payments.

How do I get a refund for a CBS charge?

If you believe you have been charged incorrectly by Paramount+, first contact their customer support to request a refund. If they are unresponsive or unhelpful, contact your bank and ask to raise a chargeback. You typically have up to 120 days from the transaction date to raise a chargeback claim. For credit card purchases over £100, you may also be protected under Section 75 of the Consumer Credit Act.

For more information about Paramount+ and all its known transaction codes, visit the Paramount+ merchant page.