What Is the VIOC Charge on Your Bank Statement? - Finance Topical (2024)

by Daniel

Have you ever noticed an odd charge on your bank or credit card statement labeled “VIOC“? You may have wondered what that unfamiliar acronym stands for and why the charge is there. This article will explain exactly what is VIOC charge refers to, what types of services it covers, and what you can do if you find an unrecognized VIOC charge on your bank statement.

Table of Contents

Overview of Valvoline Instant Oil Change (VIOC)

VIOC stands for Valvoline Instant Oil Change, a popular nationwide chain of automotive service centers specializing in oil changes, inspections, and minor repairs.

With over 900 locations across the country, Valvoline Instant Oil Change aims to provide fast, convenient maintenance services without the need for appointments.

As an abbreviation for the Valvoline service center name, VIOC will show up on receipts and credit card statements for any services received at one of their locations.

So if you happen to see VIOC on your statement, it likely indicates you had work done on your vehicle at Valvoline Instant Oil Change.

Read this article if you see WW Int’l-DIGITAL 800-221-2112 Charge on Your Bank Statement

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Typical Services Resulting in a VIOC Charge

Below are some of the most common reasons you may encounter a VIOC charge on your bank statement:

  • Oil Change Service: The classic oil change is Valvoline Instant Oil Change’s signature offering. The standard conventional oil change service typically costs around $40-60.
  • Promotional Offers: VIOC frequently offers coupons and discounts like $20 off for new customers that will also show up as a VIOC charge.
  • Additional Maintenance: Beyond oil changes, many Valvoline locations also perform other common maintenance tasks like:
    • Replacing air filters
    • Installing new windshield wiper blades
    • Transmission fluid changes
    • Coolant system flushes
  • Unplanned Repairs: During an oil change, VIOC technicians will conduct a basic inspection. They may recommend additional repairs or parts replacement that would result in extra VIOC charges if approved.

So in most cases, VIOC charges are legitimate for automotive services rendered at Valvoline Instant Oil Change locations. But occasionally billing issues or mistakes can occur.

Read this article if you seeMMBILL.COM Charge on Your Bank Statement

Identifying VIOC Charges on Statements

The Valvoline service charge will show up on receipts or credit card statements in a few possible ways including:

  • VIOC
  • VIOC Debit
  • Valvoline Instant Oil Change

Along with the VIOC designation, the statement should also list details like the specific dollar amount charged and location where the service occurred.

To identify VIOC charges, carefully review current and past receipts and statements around the time you had vehicle work done.

Compare the date, amount, and location listed to confirm the charges match the Valvoline service you received.

If any details don’t line up with your records, further investigation may be needed to determine the source of the charge.

Read this article if you seeMCW Charge on a Bank Statement

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Steps to Handle Potentially Fraudulent VIOC Charges

If you discover an unknown VIOC charge on your statements, here are some tips on addressing the issue:

  • Contact Your Bank: Notify your bank or credit card provider immediately about any unauthorized transactions or fraudulent charges. They can start the dispute process and refund the charges while investigating.
  • Reach Out to Valvoline: If you don’t recall the specific VIOC charge, call the local Valvoline Instant Oil Change location listed on your statement to inquire about it. There may be an honest mix-up or error they can identify.
  • Review Receipts and Paperwork: Carefully go through any past receipts or paperwork from Valvoline to see if you can match the date, amount, services rendered, and location with the charge in question.
  • Monitor Statements Regularly: Ongoing review of your credit card and bank account statements can help you quickly identify and dispute bogus charges before they accumulate.

By following up swiftly on unrecognized VIOC charges, you can either get to the bottom of a legitimate charge you forgot about or initiate a fraud investigation into invalid charges.

Keep an eye out and don’t hesitate to call your bank or credit card issuer for assistance if needed.

They have teams available to look into unauthorized transactions and ensure you receive credit for any fraudulent automotive charges.

Preventing Unexpected VIOC Charges

To help avoid confusion over charges from Valvoline Instant Oil Change in the future:

  • Save Receipts and Paperwork: Maintain detailed records with the services, costs, date, and location anytime you have work done at VIOC.
  • Review All Charges at Time of Service: Don’t leave the service center without checking that all charges on your receipt or statement match the services you approved.
  • Log Services in Your Own Records: Note the details of maintenance or repairs you authorize in your personal vehicle service history log.
  • Monitor Account Statements Frequently: Review statements as soon as possible so you can more easily recall the source of charges from places like VIOC.

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Understanding VIOC Charges

In summary, a VIOC charge that appears on your bank statement refers to services received from Valvoline Instant Oil Change, a chain of automotive service centers specializing in quick oil changes, inspections, and minor maintenance or repairs.

If you find an unfamiliar VIOC charge, first compare the details to your own records. If it still seems fraudulent, promptly contact your bank and the VIOC location to investigate the issue.

Keeping thorough documentation and remaining vigilant about reviewing account activity can help minimize confusion over these types of automotive charges.

So now you know the deal with that VIOC charge that might have previously puzzled you. With this background, you can decipher the meaning behind charges from Valvoline or other automotive service centers when reconciling your account statements.

What Is the VIOC Charge on Your Bank Statement? - Finance Topical (3)


Daniel, a seasoned professional with over 5 years of experience in banking, property, and finance, brings a wealth of expertise to the table. This authoritative blog is meticulously curated to provide you with the most up-to-date financial insights. Delving into the dynamic realms of banking and mortgages, Daniel’s passion for finances shines through every post.

What Is the VIOC Charge on Your Bank Statement? - Finance Topical (2024)


What is the sq * on a credit card statement? ›

If you make a purchase with a merchant who uses Square to accept payments in person, over the phone, or through Square Online, the characters SQ* or gosq.com, the merchant's name or business name, and business type will appear on your credit card statement.

What is a quick card purchase on my bank statement? ›

It is associated with QuickCard—a payment system used by different businesses. Being informed about what this charge means can help you quickly determine whether it's a legitimate transaction or something that needs quick attention.

What do the finance charges on your credit card statement include? ›

Interest, penalty fees, annual fees, foreign transaction fees, cash advance fees, and balance transfer fees are all finance charges. Read your card's terms and conditions to understand what finance charges you may incur and how your credit issuer calculates each fee.

How do I find out what a charge is on my credit card? ›

Reviewing your credit card statement

Your credit card statement provides a detailed summary of how you use your credit card throughout a billing cycle. Reviewing your credit card statement every month is a good way to view your purchases and identify any unknown charges.

What is this Square charge? ›

The Square standard processing fee is 2.6% + 10¢ for contactless payments, swiped or inserted chip cards, and swiped magstripe cards. Payments that are manually keyed-in, processed using Card on File, or manually entered using Virtual Terminal have a 3.5% + 15¢ fee.

What is a card that automatically takes money straight from your account? ›

A debit card looks like a credit card but works like an electronic check. Why? Because the payment is deducted directly from a checking or savings account.

What is a virtual purchasing card? ›

Virtual cards generate a unique 16-digit number, expiration date, and CVV that inactivates after the approved value is charged by the vendor. Enforce spend and purchasing policy compliance: By pre-setting card limits, virtual cards ensure that the card is not over-charged by the supplier or employee.

What is instant card payment? ›

Unlike standard bank transfers, instant payments are set up so that the money reaches the recipient's bank account within seconds, which means it's not possible to retrieve the money via a clearing process.

What is the purchase finance charge on my credit card? ›

A finance charge is the total amount of money a consumer pays for borrowing money. This can include credit on a car loan, a credit card, or a mortgage. Common finance charges include interest rates, origination fees, service fees, late fees, and so on.

Why do I have a finance charge on my credit card? ›

The most common type of finance charge is the amount of interest charged on the amount of money borrowed. However, finance charges also include any other fees related to borrowing, such as late fees, account maintenance fees, or the annual fee charged for holding a credit card.

What is a finance charge on a bank statement? ›

A finance charge is often an aggregated cost, including the cost of carrying the debt along with any related transaction fees, account maintenance fees, or late fees charged by the lender.

How do you identify an unknown transaction? ›

If you're not sure whether a transaction is suspicious or not, you might want to run through the following steps.
  1. Compare your receipts. ...
  2. Double check transaction dates. ...
  3. Confirm conversion rate. ...
  4. Go online and search the account name/number.
Dec 6, 2023

How can I tell where a charge came from? ›

What You Should Do If You Don't Recognize a Charge
  1. Try Online Research. ...
  2. Check Your Calendar. ...
  3. Ask Anyone Who May Have Access to Your Card. ...
  4. Contact the Merchant. ...
  5. Contact the Retailer. ...
  6. Contact Your Card Provider. ...
  7. Track Your Expenses. ...
  8. Take Steps to Protect Your Card.
Sep 25, 2023

Can I trace a bank transaction? ›

While you may not have direct visibility into the progress of your transaction between banks, reaching out to your bank can help you determine whether the transaction has been processed and sent. The Trace ID plays a crucial role in enabling banks to monitor the whereabouts of funds.

What is sq credit card? ›

Square Credit Cards are issued by Celtic Bank, Member FDIC, pursuant to a license from American Express, and may be used wherever American Express is accepted. If approved, APR may vary based on creditworthiness and other factors.

What does sq in front of a transaction mean? ›

Identify Square Purchases

If you make a purchase with a merchant who uses Square to accept card payments, the characters SQ* or gosq.com, the merchant's name or business name and business type will appear on your card statement.

What does sq mean? ›

written abbreviation for square: used in units of measurement to refer to an area equal in size to a square with sides that are a metre, kilometre, mile, etc.

How do I look up a Square transaction? ›

In your online Square Dashboard, go to Payments > Payment Links. Select Transactions and select a payment to view individual payment details. You can look up the customer who made a purchase (and see any relevant customer details), review a short payment summary, and see your customer's receipt.


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