Spotify Charge on Your Bank Statement

Spotify is a subscription company. Music and podcast streaming service with a free ad-supported tier and paid Premium and Family plans. A recurring charge here is almost always your monthly Premium subscription, billed on the same date each month. It typically shows as SPOTIFY or SPOTIFY P followed by your plan, and free-tier users should not see any charge at all. It may appear on your bank statement under a shortened descriptor rather than its full name.

Spotify 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 Spotify account to review recent activity.

To cancel Spotify, log in to your account on their website and navigate to your account or subscription settings. Alternatively, contact their customer support directly. Once cancelled, no further charges should be taken. If you have already been charged and wish to recover the money, contact your bank to raise a dispute.

If you do not recognise a charge from Spotify, call the number on the back of your bank card or use your bank's mobile app to raise a dispute. Explain that you do not recognise the transaction and ask for a chargeback. Under Visa and Mastercard rules you typically have up to 120 days from the transaction date to raise a chargeback claim. For purchases over £100 paid by credit card, you may also have additional protection under Section 75 of the Consumer Credit Act.

Banks display a short "transaction descriptor" set by the merchant's payment processor, not the company's full trading name. This is why Spotify may appear as an abbreviation or code. The descriptor is usually the company's registered payment name, which can differ from the brand name you recognise.