This is generally true not just for Steam. By issuing a chargeback, you're burning that bridge and shouldn't be expect to do business with that vendor again.

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0cf8612b2e1e 2 days ago | parent | next [-]

No future business, maybe. Steam locking your account could take a library with thousands of dollars of purchases.

	▲	dotnet00 2 days ago \| parent [-]
		As far as I can tell, you get restricted from buying new games/activating codes, but they don't take away your existing library (besides the one you chargeback'd).

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mrguyorama 2 days ago | parent | prev [-]

That is not the case. A non-criminal chargeback maybe, but if you've had your card stolen and chargeback with a merchant for that, they don't hold that against you.

Though, it maybe be more annoying to get your purchase approved because the automated risk system will flag it.

We sell product to people with prior chargebacks with us every single day