Credit card refund is generally put forward by the cardholder, then the merchant initiates the refund, the bank processes the information after receiving it, and then the subsequent refund is sent to the issuing bank, which records it before the customer gets the credit card. If you haven't received a refund for a long time after launching, you can consult credit card customer service at this time.
Credit cards must be returned on time after daily use, and there can be no overdue situation, because there will be penalty interest after overdue, and the longer the time, the more penalty interest. However, if you can't return it on time, you can use installment repayment or minimum repayment amount to avoid overdue repayment by credit card.
In order to prevent the credit card from being returned on time after use, it is best for users to know what benefits to return when using the credit card. If your income is relatively small, you should use credit cards carefully at this time. If you can't return it on time, you can borrow money from your friends.
Extended data:
Pay attention to the following four items when repaying, and banks generally will not take the initiative to tell you!
The minimum payment is useless.
For cardholders, the minimum repayment amount not only relieves the financial pressure, but also does not affect the credit information. But banks generally won't tell you that this is their preferred repayment method: current bills don't enjoy interest-free repayment, but they will calculate overdraft interest at five ten thousandths.
It is recommended to use it occasionally. If the interest rate is the lowest for a long time, the annualized interest rate may reach 20% to 30%.
Usually, the cardholder's repayment date is the demarcation point. Interest shall be calculated daily according to the total amount owed before repayment, and calculated daily according to the balance owed after repayment, which adds up to the total amount of interest payable.
If the previous bill contains interest, and the cardholder fails to pay off all the arrears on the final repayment date, the interest of the previous principal will be calculated as the next principal in the next bill.
In order to avoid similar situations in the future, it is recommended that partners try their best to repay in full before the repayment date.
Be cautious about automatic repayment
Many people choose automatic repayment, but we must pay attention to the deduction time of the issuing bank. If the salary is not received in time, it is easy to exceed the deduction period, resulting in overdue.
Therefore, it is suggested that there should be sufficient funds in the savings card first.
Repayment on the repayment date or cause overdue
In order to enjoy the interest-free period to the maximum extent, some cardholders like to repay on the day of credit card repayment, but this is very dangerous.
For example, the monthly repayment date of a credit card is 10, and the cardholder repays on 10. If the bank deducts money on the repayment date 16, and you deposit the money into the savings card bound by automatic repayment on 17, the bank's deduction will be unsuccessful or even overdue.
If the repayment is delayed on the last repayment date, it is easy to be overdue. It is recommended to repay a few days in advance.
Generally, banks will give a grace period of about 3 days, fearing repayment by unreliable methods, or repayment by software or system maintenance. Once the repayment date is not returned, the repayment may be overdue again, mainly for prevention.
Excessive repayment does not bear interest.
Excessive repayment of credit cards, the part that exceeds the repayment amount is called "excessive repayment".
The overpayment can be directly used for consumer repayment. If there is overpayment in the card, the overpayment will be deducted first and then the credit line will be deducted; If the overpayment is greater than the consumption amount, there will be no overdraft.
However, it is recommended to avoid "overpayment". After all, credit cards are different from savings cards, and even if there is extra money in the account, it will not generate interest. If you want to get back the "overpaid" part from your credit card, there may be some fees (different bank policies are different).