What if there is a refund after the credit card is cancelled?
If there is a refund after the cancellation of the credit card, the first thing to look at is the cancellation of the credit card, whether it is in the pre-cancellation period or has been successfully cancelled.
I. Pre-cancellation period
Credit cards have a 45-day settlement period. From the date of applying for cancellation, this period is only the pre-cancellation period. If the cancellation is unsuccessful, it is normal to receive a refund, which will be returned to the credit card account.
Because there is a refund, it is impossible to cancel the success without timely handling. Cardholders can swipe their cards or withdraw the refunded money. It is recommended to choose credit card consumption. After all, the refunded money has become overpaid, and there is a charge for taking it out.
Second, the cancellation was successful.
Do you want to cancel this account by card or account?
1. If the card is cancelled and the account still exists, the refund will be returned to the personal account of the credit card. In this case, you need to go to the card department to restart the use of the credit card, and then take out the money in the card or use the credit card, or apply for a new credit card and ask the credit card department to transfer the money in the account to the new card.
2. If the account is cancelled, although the account is returned in the original way after the refund, the account does not exist, and the refund fails, it will be returned to the merchant account. If it is really unclear, it is recommended to contact the customer service of the issuing bank to help me check the transaction details and see the refund situation.
The above is the introduction of "How to refund after credit card cancellation", I hope it will help everyone.