the poster should be intended to help cardholders delay repayment and reduce economic pressure. But is this really the case? Can all consumer refunds after the bank statement be used to repay last month's consumption?
To solve this problem, 51 Credit Card Community Xiaobian consulted the customer service staff of China Merchants Bank, China Bank, China Construction Bank and China CITIC Bank respectively.
Among them, the customer service staff of Bank of China and China Construction Bank indicated that the transactions and refunds generated after the billing date and before the repayment date can be regarded as the current bill repayment. However, it should be noted that the refund must be received before the repayment date.
However, both China Merchants Bank and China CITIC Bank's customer service indicated that the refunds spent after the billing date could not be used to repay the current bill, and only the refunds traded before the billing date could be counted into the current bill repayment.
for a simple example, suppose the billing date is the 1th, the repayment date is the 3th, the transaction is made on the 2th, and the refund is received on the 22nd, then the refund cannot be deducted from the 1th bill. If the transaction is made before the 1th, the refund will not be recorded until the 1th, and some banks can also regard it as the bill repayment on the 1th.
tip of jintou credit card xiaobian: the regulations of different banks are different, and the consumer refund after the billing date may not be regarded as repayment. Cardholders should not suffer a big loss in order to take advantage of this. Moreover, different refund channels will lead to different refund arrival time, and the final interpretation right of whether it can offset the repayment of the month is still in the hands of the bank. In addition, there is no SMS reminder for some bank credit card refunds, and cardholders need to check whether the money has been successfully credited.
in a word, if a similar situation happens, you must call the issuing bank to confirm whether it is a repayment or not, so as to avoid bad credit records caused by insufficient or overdue repayment.
Credit card refunds don't arrive in real time, and the longest time for bank refunds can reach 15 days, some even longer, and the specific arrival time will vary from bank to bank. For example, Bank of China 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 takes 3 working days.
Jintou Credit Card Xiaobian reminds everyone that if the refund arrives before the current credit card bill date, the credit card holder does not need to repay the money; If the refund has been recorded in the current bill, then the credit card holder needs to repay according to the amount shown on the bill.
So, if you have a refund in the current month, you must call the credit card issuer before repayment to check whether the refund has been received. In order to avoid the situation that the refund has not arrived, and you have not returned this part of the money, resulting in penalty interest.
of course, if you have already been penalized in this kind of situation, then you don't have to be angry and anxious. You can call the bank to apply for exemption. As long as the situation is true, the bank can basically refund the interest.