CHATGPT — ChatGPT Plus Bank Charge Explained

CHATGPT on your bank statement is a transaction descriptor for ChatGPT Plus, a subscription company. ChatGPT Plus is OpenAI's paid tier for its AI chatbot, giving priority access and advanced features. A recurring charge is your monthly Plus subscription.

What Is the CHATGPT Charge?

CHATGPT is a transaction descriptor for ChatGPT Plus, a subscription company.

ChatGPT Plus is OpenAI's paid tier for its AI chatbot, giving priority access and advanced features. A recurring charge is your monthly Plus subscription. It typically appears as OPENAI or CHATGPT SUBSCRIPTION 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 CHATGPT is the official identifier that ChatGPT Plus registered with Visa or Mastercard.

Is the CHATGPT Charge Legitimate?

ChatGPT Plus 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 ChatGPT Plus account to review recent activity.

How Do I Cancel or Dispute a CHATGPT Charge?

  1. Identify the charge: Confirm the charge is from ChatGPT Plus 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 ChatGPT Plus and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise the charge, contact ChatGPT Plus 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 CHATGPT 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 ChatGPT Plus Use on Bank Statements?

ChatGPT Plus may also appear on your statement as:

Frequently Asked Questions About CHATGPT

What is CHATGPT on my bank statement?

CHATGPT is a bank statement transaction code for ChatGPT Plus, a subscription company. ChatGPT Plus is OpenAI's paid tier for its AI chatbot, giving priority access and advanced features. A recurring charge is your monthly Plus subscription. It typically appears as OPENAI or CHATGPT SUBSCRIPTION on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is CHATGPT a scam?

ChatGPT Plus 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 ChatGPT Plus account to review recent activity.

Why is CHATGPT on my bank statement?

CHATGPT appears on your statement because ChatGPT Plus 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 CHATGPT?

To stop CHATGPT charges from appearing on your statement, you need to cancel your ChatGPT Plus subscription or account. Log in to the ChatGPT Plus 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 CHATGPT charge?

If you believe you have been charged incorrectly by ChatGPT Plus, 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 ChatGPT Plus and all its known transaction codes, visit the ChatGPT Plus merchant page.