VIOC Charge on Bank Statement! A Clear Explanation
My morning started with a familiar scene where a client asked me about the “VIOC charge”. He was very confused about that charge while I was on duty at a bank. I invited him to express his concerns as a banker because it allowed me to unravel the mystery of the charge to ease him.
It is a full form of “Vehicle Inspection and Oil Change” that provides preventive services for various automobiles. offers oil changes, vehicle checks, and routine maintenance.
This charge was made because you paid for their services using a card such as a Visa or MasterCard. He expressed interest and asked to learn more. Let’s get started!
What Is VIOC Charge?
A bank charge associated with the Vehicle Inspection and Oil Change across 1700 locations in the USA. VIOC is second in size of the quick-lubrication chains in the US. This indicates a larger customer base than competitors.
The US quick-lubrication industry is estimated to serve around 180 million cars annually. Its market value is over $8 billion. An average owner vehicle changes their oil after 3,000 to 5,000 usages of miles. That is 2-4 visits each year. VIOC may serve 11 million customers a year, but individual visit frequencies could make the number of clients lower.
If you notice “VIOC” on your credit card statement, that transaction was likely made at one or more of these Valvoline centers.
Read More about Wuvisaaft charges in bank statement.
What is Jiffy Lube?
Jiffy Lube operates a chain of large stores in the United States. They specialize in automotive repairs, especially oil changes. The following is a list and breakdown of services offered by Jiffy Lube:
Core services
They’re best known for quick and easy oil changes.
Other services
Jiffy Lube can offer a variety of additional vehicle maintenance services. Other services include fuel system cleansing, headlight repair, transmission service, etc.
Convenience
Jiffy Lube stores are well-known for their drive-through service bays. This allows for a quicker, more efficient experience.
Shell Oil Company, which owns the company, has 2,200 stores in over 200 countries.
Also Read: How to Get Old Bank Statements from a Closed Account
HOW IS this Charge Calculated?
The calculation of the charge depends upon several factors. Each factor contributes to your final bill, from the type or oil change to any additional maintenance. Taxes, fees, and other charges may also be included in your bill.
Understanding your expenses is easier when you know the breakdown for the Charge. It isn’t just about the oil changes but also the services received. It doesn’t matter if it is conventional or synthetic, the calculations are the same.
How to Identify the VIOC credit card Charge on Bank Statement?
My client was enjoying and listening very carefully to me. He showed more interest in explaining and asking me how to identify the Charge on a bank statement. I explained it with a comprehensive list of charges that will appear on your bank statement, which is below:
- VIOS POS
- VIOC
- VIOC DEBIT
- Valvoline Instant Oil Change
- POS PUR VIOC GN0151 SAN DIEGO
- POS Debit VIOC GN0151 SAN DIEGO
- POS REFUND VIOC GN0151 SAN DIEGO
- PRE-AUTH VIOC GN0151 SAN DIEGO
- PENDING VIOC GN0151 SAN DIEGO
- Visa Check Card VIOC GN0151 SAN DIEGO MC
- Misc. Debit VIOC GN0151 SAN DIEGO
- CHKCARD VIOC GN0151 SAN DIEGO
It is easy to find the most important information in your statement. The description of the above state list is that:
VIOC means Merchant name. Where your vehicle was serviced, is the Merchant’s address.
Identifies the date and amount on which the transaction took place is the transaction date and amount.
Why Did I Get the VIOC Charge on Credit Card?
Due to the following services offered by the VIOC, you get this charge from VIOC:
The principal service offered by the VIOC is oil change from a fundamental oil change to a synthetic one, including tire rotations.
Not just fundamental services Other Maintenance Services are also offered by Valvoline, such as tire alignments, brake inspections, and topping off fluids.
You can also buy a Gift Card from VIOC for coming services.
Valvoline Instant Oil Change can pre-authorize the credit card of a customer for an estimated service amount. This charge typically gets reversed after service.
Also Read: How to Read Bank Statement?
How do I handle unfamiliar charges?
When you receive a bank statement, finding an unfamiliar charge can be alarming. Step-by-step guide on how to handle such a situation is given below:
Additional Tips for Safety:
What if I Don’t Recognize VIOC GN Charge?
If you do not recognize the charge, you should immediately notify the VIOC at the contact information here is the detail:
Address 100 Valvoline Way Lexington, Kentucky 40509 USA
VIOC Customer Service Phone Number 800-327-8242
Timing Mon – Fri: 8:00 AM – 9:00 PM ET – Sat: 8:00 AM – 8:00 PM ET
Contact Website for Chat: www.Valvoline.com
FAQs – Frequently Asked Questions
Conclusion
You shouldn’t worry if you notice the this charge on your statement. This “VIOC” code means, “Your vehicle received Valvoline service.” Relax the next time you notice it because you know what to expect. You should always ask questions if anything seems off.
By retaining your receipts, knowing the service costs, and straightforwardly communicating with Valvoline, you can avoid these charges. Do not be afraid to use a little oil – it will keep those wheels turning smoothly.
This content is written for educational purposes only, please consult financial experts in case of any legal obligations who understand you and your risk.
