How can I get a refund after using a credit card?

If you make a refund after swiping with a credit card, the refunded amount will be returned to the user's credit card. If the refund is received after the bill is received in the future, it will basically not be recognized as repayment in the current period and can only be credited to the next period's bill. In addition, compared with SMS notifications for credit card purchases and repayments, banks will not send text messages to cardholders regarding refunds, and cardholders need to proactively consult the merchant for information.

The merchant refund process is complex

Compared with cardholder repayment, the merchant refund process is more complicated and involves many aspects, which are beyond the control of the card issuer. Therefore, in the system In the settings, refunds cannot be directly recognized as repayments.

A refund must first be requested by the customer, then the merchant initiates the refund, and the acquiring bank handles it after receiving the report. The acquiring bank provides feedback through the card organization and refunds the money to the card issuing bank. The issuing bank only receives the refund. The customer eventually received a refund. Apart from the account entry process, the card issuing bank cannot control other processes. Compared with cardholder repayment, a refund should be regarded as a transaction initiated by the merchant. If the return transaction time and amount submitted by the merchant during the refund operation can be matched one-to-one with the original transaction time and amount, Then when the card issuing bank receives the return transaction information, it will be able to charge the account accurately. However, in many cases, merchants do not operate this way. 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 into his account. If you have been charged a penalty interest, 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 payment method using a credit card is basically the same as the payment method using a debit card, with some minor differences. Please follow the following methods when swiping a credit card:

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. Do not sign blank or incomplete payment forms at will.

3. Before signing, please be sure to confirm whether the transaction amount listed on the transaction form is correct, and pay attention to whether the consumption currency and uppercase and lowercase amounts are correct. 4. When using a credit card, you must sign to confirm the purchase. Generally, there is no need to show your ID card or enter a password. However, please cooperate when the following situations occur.

Due to operating standards, POS machines in some cities still require a password. Users are asked to enter any 6-digit number. When making large purchases or purchasing easily cashable goods, it is recommended that users enter an accurate personal password for the ATM.

5. When the transaction form needs to be rewritten or canceled due to errors, please ask the merchant to tear up all the original invoices and retain the return certificate given by the merchant to avoid future occurrences.

6. After making the payment, please confirm that the credit card returned by the salesperson of the special merchant is indeed the user’s own credit card.

7. After completing the transaction, please keep the root link of the cardholder who signed the bill for verification with the credit card statement sent by the bank.

How to refund credit card payment

If a refund occurs when paying by credit card, the refund will be refunded to the credit card through the original route, but it will not be refunded immediately. It will be within 3-15 working days. Arrive.

1. The concept of credit card overpayment

Overpayment refers to the funds overpaid by credit card customers when repaying or the funds deposited in the credit card account. This amount can increase the credit card balance. available credit, or directly used for consumption repayment. If there is an overpayment on the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, there will be no overdraft. No interest is accrued on overpayments.

2. Precautions for overpayment

1. Overpayments are credit card deposits, and banks do not charge interest, which is completely different from debit cards.

2. Credit card withdrawals are subject to fees as per regulations. The charging issue should be looked at from two aspects:

1) According to the regulations on the use of credit cards, ATM withdrawals basically charge a cash withdrawal fee. The usual standard is 0.5% of the cash withdrawal amount, with a minimum of 5 yuan; The handling fees for overseas cash withdrawals are higher.

2) If you withdraw money from an ATM machine with "overpayment", you will still be charged a cash withdrawal fee according to the credit card cash withdrawal standards. In this case, it is recommended that the cardholder transfer the overpayment on the credit card to a debit card of the same name in any bank, and then withdraw cash from the debit card. This reduces handling fees.

3. Cash withdrawal method for overpayment

1. Cash withdrawal at the counter: Cardholders can bring their ID card and credit card to the bank business hall, submit a cash withdrawal application to the counter staff, and then Enter the withdrawal password as required to withdraw.

2. Withdraw cash from an ATM teller machine: Cardholders can bring their credit card to the ATM teller machine, insert the credit card, enter the withdrawal password, and then follow the interface prompts to perform the withdrawal operation.

4. Will the overpayment be repaid automatically?

The overpayment will not be repaid automatically. However, when the cardholder uses the credit card to make a purchase, the overpayment will be deducted first. , use the credit only after the deduction is completed. Overpayment refers to the money that the cardholder pays back on the credit card or deposits in the credit card. The cardholder can choose to withdraw this money or keep it in the credit card account for consumption. It should be noted that overpayment is different from the money stored in a savings card. Interest is not calculated on it. The money stored in a savings card has interest.

Can I get a refund after swiping my credit card?

I can get a refund. Different banks may have different settings within how many hours a refund can be made. You can call customer service to apply for a refund and then ask the merchant to confirm. ①Credit card refunds will be refunded to the original credit card. About credit card refunds, refunds only cancel the original transaction, not the actual repayment. ②After the refund, the account was not really credited to the credit card, but because the credit card was overpaid. Refunds after the billing date do not count toward current repayments. A "refund" on a credit card is different from a cash repayment. Air ticket refunds, Alipay account refunds or cancellations by other merchants will not be included in the current repayment. Repayments only occur when users deposit cash.

③ If the refund arrives before the bill date, the purchase can be deducted; but if the refund arrives after the bill date, the current month's payment cannot be deducted, and can only be deducted from the next month's bill 3. Credit card refund The payment process is complicated. The merchant initiates a refund and the bank only receives the refund. Therefore, there will be no SMS reminder when a credit card refund arrives.

①Credit card, also known as debit and credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with credit qualifications. The name of the issuing bank, expiration date, number, cardholder name and other information are printed on the front of the form, and the magnetic stripe and signature strip are printed on the back. Consumers holding credit cards can go to specialized commercial service outlets to shop or consume, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

② The credit card limit is determined by the bank based on the applicant’s credit status and the credit card level applied for. It usually follows the following standards: credit card limit: 0-10,000 yuan; credit card gold card limit: 10,000-50,000 yuan; platinum card and above: above 50,000 yuan.

③ It is understood that the most important conditions for applying for a credit card are that you are 18-60 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. It is mainly reviewed based on the application materials you provide. If the source of income is relatively stable, the amount of credit card application will be higher

< p>This is the end of the introduction on how to refund a credit card and how to refund a credit card to a bank card. Did you find the information you need?