how to operate the credit card refund?

generally, the processing methods are different according to the time when the refund arrives.

1. If the credit card bill is refunded a few days ago and you haven't repaid the credit card yourself, the refund amount is directly deducted from the credit card debt. If you want to withdraw cash, because you withdraw the funds within the credit card limit, you will be charged a handling fee of 1% of the withdrawal amount, and interest will be calculated on a daily basis.

2. If the refund is received on the single day of the credit card account, the cardholder must repay it with his own money, because the current arrears cannot be deducted, so the refunded money can easily become an overpayment. Cardholders can withdraw cash directly, although it will not generate interest, but it is also possible to charge a handling fee. It is not cost-effective to charge according to the bank's overpayment withdrawal standard.

Further reading

A credit card, also known as a debit card, is a credit certificate issued by a commercial bank or credit card company to a consumer with qualified credit. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

The credit card stipulated in the relevant laws of our country (Interpretation of the NPC Standing Committee on the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or some functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal. On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate). [5]

On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

how can I get a refund after using my credit card?

after the credit card is swiped, the refund will be returned to the user's credit card. If it is a refund that arrives after the bill, it can't be recognized as the current repayment, and it can only be recorded in the next bill. In addition, compared with credit card consumption and repayment with SMS notification, the bank will not send SMS to the cardholder for the refund situation, and the cardholder needs to consult the merchant actively.

The refund process of merchants is complicated

Compared with the cardholder's repayment, the refund process of merchants is more complicated and involves many aspects, which is beyond the control of the issuing bank, so the refund cannot be directly recognized as repayment in the system settings.

a refund should be made by the customer first, then the merchant initiates the refund, and the acquirer will handle it after receiving the report. The acquirer will give feedback through the card organization and refund it to the issuing bank, and the issuing bank will not receive the refund until it is recorded in the account. The issuing bank can't control the process of other stages except the posting stage. Compared with the cardholder's repayment, the refund should be regarded as a transaction initiated by the merchant. If the time and amount of the return transaction submitted by the merchant during the refund operation can correspond to the original transaction time and amount one by one, then the issuing bank can accurately offset the account when receiving the return transaction information, but in many cases, the merchant does not do so. As long as the cardholder does have a refund transaction, he can apply to the credit card center, and the bank will manually track the refund. If you have been penalized, you can also call the bank to apply for exemption. As long as the situation is true, the bank can basically refund the interest. The consumption method of using credit card is basically the same as that of using debit card, but there are some small differences. Please follow the following methods when using a credit card to spend money:

1. When swiping a credit card, please keep the credit card away from the user's sight to avoid misuse or theft of the card.

2. Don't sign the blank or unfilled bill at will.

3. Before signing, please be sure to confirm whether the amount listed in the signed bill is correct, and pay attention to whether the consumption currency and the amount in words and figures are correct. 4. When using a credit card, you must sign your name to confirm your consumption. Generally, you don't need to show your ID card or enter your password. However, please cooperate in the following situations.

Due to the operating standards, POS machines in some cities still need to enter passwords, so users can enter 6 digits at will. Users are advised to enter the exact personal password of the ATM when they spend a large amount or buy easy-to-realize goods.

5. When the transaction needs to be rewritten or cancelled due to mistakes in signing the bill, please ask the merchant to tear up all the original signed bills and keep the return certificate given by the merchant to avoid future occurrence.

6. after signing the account, please confirm that the credit card returned by the salesperson of the special merchant is really the user's own credit card.

7. after the transaction is completed, please keep the root contact of the cardholder who signed the bill so that it can be checked with the credit card statement sent by the bank.

Can I get a refund after I swipe my credit card?

Yes. You can get a refund even within a few hours, and different banks may have different settings. You can call customer service to apply for a refund, and then ask the merchant to confirm. Credit card refund will be returned to the original credit card. Credit card refund only cancels the original transaction, not the actual repayment. After the refund, this account was not really credited to the credit card, but because the credit card was overpaid. Refunds after the billing date are not included in the current repayment. "Refund" in a credit card is different from cash repayment. Airline ticket refund, Alipay account refund or cancellation of consumption by other merchants are not included in the current repayment. Repayment is only made when the user deposits cash.

③ If the refund arrives before the billing date, the purchase can be deducted; But if the refund arrives after the bill date, you can't deduct the payment of the current month, only the bill of the next month. 3. The credit card refund process is very complicated. The merchant initiates the refund, and the bank only receives the refund. Therefore, when the credit card refund arrives, there will be no SMS reminder.

① a credit card, also known as a debit card, is a credit certificate issued by a commercial bank or credit card company to a consumer with credit qualification. The name of the issuer, expiration date, number, cardholder's name and other contents are printed on the front of the form, and the magnetic stripe and signature card are printed on the back. Consumers with credit cards can go to special commercial service outlets for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

② The credit card limit is determined by the bank according to the credit status of the applicant and the credit card grade applied for, and usually follows the following standards: credit card limit: -1, yuan; Credit card gold card amount: 1,-5, yuan; Platinum card and above: more than 5, yuan.

③ It is understood that the most important condition for applying for a credit card is that you are at least 18-6 years old and have a stable job and income. The required application documents are copies of your ID card and work permit. However, for ordinary people, the amount of credit card application is actually uncertain, mainly based on the application materials provided by you. If the income source is relatively stable, the amount of credit card application is relatively high.

How to refund the deposit paid by credit card

Taobao transaction, payment by credit card, once a refund is made, the funds will be returned to the credit card at the time of payment.

generate a transaction refund, and after the seller agrees, the refund amount will be received within 72 hours.

introduction to the operation flow of the buyer applying for a refund after the seller clicks on the delivery

If the transaction requires a refund, please apply for a refund (if the transaction is successful, click here to view the method). The operation steps are divided into the following situations:

1. Operation flow of the refund application only for goods that have not been received and goods that have been received

2. Operation flow of the refund application for goods that need to be returned.

Step 2: First, select the service type you want to apply for, then fill in your actual goods status and refund reason and submit a refund application;

note: the refund amount cannot be modified when the goods are not received, and the full transaction amount is applied by default.

Operation flow of refund application for goods that have been received and need to be returned

Step 1: Go to "Bought Baby", find the transaction that needs to be refunded, and click "Refund/Return" on the page;

Step 2: First, select the service type you want to apply for, then select the reason for your refund and fill in the refund instructions before submitting the refund application.

Later, you can go to the "Bought Baby" page, find the corresponding transaction and select "Refund in Process" to view the details of the refund and the seller's reply;

Step 4: The seller has 5 days to process the buyer's refund application. If the seller agrees to the return agreement, please find the corresponding transaction on the bought baby page and click "Please Return", and contact the logistics company to return the goods according to the return address provided by the seller on the refund details page.

after returning the goods, please go to the refund page "Fill in the return information" (that is, the name of the logistics company and the waybill number)

Reminder: once the return information is submitted, it cannot be modified. If you have purchased the return freight insurance before, please fill it in carefully.

note: 1) the buyer needs to complete the return within 7 days after the seller agrees to the refund application. If the buyer fails to return the goods within the time limit, the refund will be closed and the transaction will be overtime;

2) after the return information is submitted successfully, the seller will have 1 days to confirm the receipt. If the seller fails to handle it after the deadline, the system will automatically refund it to the buyer.

how can I get a refund if I swipe my card at the p>POS machine?

The method of refunding by swiping the card at p>POS machine is as follows:

1. Handling of incorrect amount input

1. Input amount is greater than consumption amount:

If it is found on the same day that the cardholder has not left, the cashier can cancel the consumption on this machine; If the cardholder has left, or the next day, the relevant treatment can only be carried out according to the return requirements.

2. The input amount is less than the consumption amount:

The POS terminal has printed out the POS voucher. If the cashier finds that the signed amount is less than the actual purchase amount at that time, he should explain the reason to the cardholder and swipe the card again to make up the difference. If the cashier later finds that the signed bill amount is less than the actual consumption amount, the merchant will provide the cardholder's consumption information, and receive the Application Form for Special Merchant's Account Adjustment from the maintainer, and fill in the written explanation and submit it to the maintainer.

ii. cardholder's return

if a customer who uses a bank card returns the goods, the merchant shall fill out the application form for account reconciliation of special merchants, indicating the return amount, time and name of the merchant, and submit it to the maintainer after being stamped by the merchant.

iii. Handling of transaction success without billing

The transaction success is subject to the signing of the purchase order;

in this case, the merchant need not worry, but can inform the cardholder that the bank and Lacarra will remit the money in time, and ask them to swipe their cards again until the POS machine successfully issues the bill; At the same time, the merchant contacts the maintainer or Lacarra customer service for registration and filing;

This is the end of the introduction about how to refund by credit card and where to refund by credit card payment. Did you find the information you need?