How should cardholders handle an incorrect charge on their statement?

Cardholders should investigate incorrect charges on their statements and dispute them according to the bank's established procedures. This approach is crucial because it ensures that any erroneous charges are addressed promptly and accurately. By following the bank's procedures, cardholders can provide the necessary documentation and evidence to support their claims, which can lead to a resolution that is in their favor. Ignoring the charge, seeking informal advice from a colleague, or simply paying the charge without question does not resolve the issue and may result in financial loss or continued incorrect billing. Properly addressing discrepancies upholds the integrity of the payment system and protects the cardholder's rights.