What is rev reapply frm abandoned prpty?

The credit card charge REV REAPPLY FRM ABANDONED PRPTY was first recorded on December 12, 2014. It has been flagged as suspicious by our users.

Do you have any information regarding this credit card charge? If so, please share below! Help others avoid a potential confusion by commenting!

Is this a legitimate credit card charge?

75% of users have reported this charge as suspicious.

Merchant Information

Merchant Citi (edit)
Website Click to Add (edit)
Phone Number Click to Add (edit)
Category Click to Add (edit)
Description Click to Add (edit)
Merchant
Website
Phone Number
Category
Description

Comments

Jesby on February 28, 2016

Many people would not understand, but, this happens when you made a higher payment on your credit card and (as a routine from citi card) they send you a check back for the positive credit, this may also mean that after you paid your card to zero, there was a return transaction, which gave you a positive balance resulting in a check that they send you to avoid reporting positive credit to certain credit bureaus. Anyways, after a while (several months "+-6") when you do not cash or deposit that check (from the positive credit) they send you a letter canceling the check; for the same reason you did not receive the letter from the check, you may not receive the correspondence with the note to void the check, then they will credit such amount for when you have a debit balance higher than the amount they are holding thus giving you a shocking surprise (I doubt they are required to pay back interest on that money) note that the process may take also more than a year. Check your statements several months back, it may not feel like a surprise anymore.

Do you know what the source of this charge is? Comment below!

What are low interest credit cards?
A low interest credit card could help save you money on monthly payments. A low interest credit card is generally a good fit for someone who carries a balance from month to month. Some low interest credit cards come with a 0% introductory rate while others have a low, ongoing rate. However, remember that these cards generally require a good to excellent credit rating for approval.
What are business credit cards?
Business credit cards are a great way to help track expenses for your small business. Picking the right business credit card can save you thousands of dollars each year on interest, help you book travel for free, or earn you rewards for business spending.