If it is before the billing date, the refund can offset the current arrears, otherwise it can't. Refunds before the bill date can be deducted, but refunds after the bill date cannot be deducted. If the refund occurs after the bill date, it cannot offset the repayment of the current month, but only the repayment of the next month.

There are generally two ways to deduct the arrears. If the refund arrives before the billing date, the arrears can be deducted. If it arrives after the bill date, the amount owed in the current period cannot be deducted and can only be credited to the next bill.

Extended information In the bank credit card system, refund and cash repayment belong to different transaction types. Refund only cancels the original transaction, not the actual repayment. After the refund, this account was not actually credited to the credit card, but was used as an overpayment of the credit card. The credit card center will restore the corresponding overdraft limit on the credit card, which will take effect on the next billing day.

This regulation of the bank is to prevent cardholders from using credit cards to illegally cash out. If the cardholder colludes with the merchant, at the beginning of each credit cycle, a sum of money is brushed out with the credit line, and then the merchant returns the money to the credit card account at the end of the cycle. If this refund is regarded as repayment, it means that the cardholder will always occupy the money for free.

According to bank practice, the refund after the bill is not considered as the current repayment. For example, suppose that the billing date of a credit card is 26th of each month, and the final repayment date is 65438+ 5th of next month. If your credit card has a refund on June 5, 0/0, that is, after the bill date (September 26), this refund cannot be regarded as the current repayment, but can only be counted as the repayment next month.

"Refund" in a credit card is not the same as cash repayment. Ticket refund, Alipay account refund or cancellation of other businesses cannot be included in the current repayment. Only when users deposit their own cash can they consider repayment. "If it is a refund received before the billing date, this consumption can be deducted; However, if it arrives after the billing date, it cannot be deducted from the repayment of the current month and can only be included in the next month's bill. " A bank customer service staff said.

Credit card refund process is very complicated. The merchant initiates a refund, and the bank is only the receiver. Therefore, there will be no SMS reminder when the credit card refund arrives. It is suggested that cardholders should check with the bank in detail when they encounter the actual refund problem.

China Taizhou Net-Does credit card refund count as repayment?