The conclusion is that credit card refunds usually do not offset the current outstanding bills, but are charged to next month's bills. If the refund occurs after the bill date, it will be regarded as the source of repayment in the next period. The refund process is complicated, and it needs to go through many stages, such as customer application, merchant processing, confirmation by the acquirer, and then accounting by the issuing bank. The issuing bank cannot directly regard the refund as repayment. Banks do this to prevent cash-out risks and avoid cardholders from using the interest-free period for capital turnover.

specifically, if the refund occurs before the bill date, for example, after the bill date of October 24th, it can be used to offset the bill of the current month. However, if the refund is made after the billing date, such as November 21, that is, after the billing date in November, it cannot be regarded as repayment in this period. Different banks may have different regulations, so when you encounter a refund, it is recommended to consult the bank customer service directly to clarify the bill handling method.

generally speaking, credit card refunds should be handled with caution and in accordance with the regulations of the bank, so as not to generate additional expenses or affect credit records.