INTUIT — QuickBooks Bank Charge Explained

INTUIT on your bank statement is a transaction descriptor for QuickBooks, a subscription company. QuickBooks is Intuit's accounting software for small-business bookkeeping, invoicing and payroll. A recurring charge is your monthly subscription, which varies by plan and add-ons.

What Is the INTUIT Charge?

INTUIT is a transaction descriptor for QuickBooks, a subscription company.

QuickBooks is Intuit's accounting software for small-business bookkeeping, invoicing and payroll. A recurring charge is your monthly subscription, which varies by plan and add-ons. It typically appears as QUICKBOOKS or INTUIT 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 INTUIT is the official identifier that QuickBooks registered with Visa or Mastercard.

Is the INTUIT Charge Legitimate?

QuickBooks 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 QuickBooks account to review recent activity.

How Do I Cancel or Dispute a INTUIT Charge?

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

QuickBooks may also appear on your statement as:

Frequently Asked Questions About INTUIT

What is INTUIT on my bank statement?

INTUIT is a bank statement transaction code for QuickBooks, a subscription company. QuickBooks is Intuit's accounting software for small-business bookkeeping, invoicing and payroll. A recurring charge is your monthly subscription, which varies by plan and add-ons. It typically appears as QUICKBOOKS or INTUIT on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is INTUIT a scam?

QuickBooks 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 QuickBooks account to review recent activity.

Why is INTUIT on my bank statement?

INTUIT appears on your statement because QuickBooks 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 INTUIT?

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

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