Alright, so let’s say as usual, you are just checking your bank or credit card statement, and then you see something weird or something you don’t recognize. What’s that? Well, for many out there, there is this charge with a label of “Agaserviceco MAR TT.” Yes, yes, we get it, it sounds all way too confusing, but you’re not the only one who’s seeing it that way. This same charge, with the same label, has shown up in many people’s credit card or bank statements. And yes, we’re here to clear things up a bit for you so that you know what it is and why it is on your statement as a transaction or charge. First of all, just know that this odd name usually means you paid for something from AGA Service Company, and if you don’t know, well, it is tied to a big company called Allianz Global Assistance. Oh, and they actually sell travel insurance, like protection for trips or hotel stays.
But The Real Question Is: Why’s This Charge Popping Up on My Statement?
See, nowadays, whenever you’re travelling somewhere, like taking a plane, train or even bus, it could be that behind the scenes, you bought travel insurance without even realizing it. And that’s super common actually. You know like, whenever you buy a flight ticket, or maybe a hotel, for example, the Marriott stay, and you click “Yes” on the add-on for trip protection, that’s precisely where you agreed to buy this travel insurance. Not just that though, sometimes, these insurances are actually recurring, like they can renew over and over again and that’s why you may see such charges. And sure enough, sometimes, a travel agency or website uses AGA Service Company to handle the payment, so it doesn’t even look like something you signed up for.
Wait, Is This a Scam or Nothing Fishy Is Going On Here?
See, after reading whatever we have told you so far, you must be thinking that you got tricked in some way or this is some scam, right? But the thing is, this “Agaserviceco MAR TT” thing is totally real. How and why? Well, sure enough, AGA Service Company is a legit business connected to Allianz, you know, a huge company that helps millions with travel insurance out there. And since this travel insurance isn’t that pricey, people just go for it most of the time because it can be a good thing whenever something goes wrong when you’re out there enjoying your trip. Though, if it is showing over and over again, in that case, we’d certainly say that it is a red flag because that’s not how it is supposed to work.
Help! I Don’t Know This Charge, What Now?
See, after reading this post from the very start, if you still don’t recognize this “Agaserviceco MAR TT” charge, then you must take some action. First of all, we’d recommend you to straight up let your bank people and credit card company know so that you won’t be charged with the same charge again. On top of that, we’d recommend you call Allianz and ask them what’s up with this charge.
