It is reported that if consumers return goods after shopping with a credit card, the payment can only be directly refunded to the credit card, while the refund time of most banks is about half a month, and some even longer. For example, China Bank or some local banks need ten working days to return the money to the credit card account; ICBC needs about 15 working days; CCB can generally complete the refund process within 3- 15 working days; China Merchants Bank only needs 3 working days.
However, it should be noted that if the refund arrives before the current credit card billing date, the credit card holder does not need to repay; If the refund has been recorded in the current bill, the credit card holder needs to repay according to the amount shown on the bill.