For many banks, if a credit card refund arrives before the statement date, it can be regarded as a repayment and can be used to offset the current bill amount. If the credit card refund arrives after the billing date, it cannot be offset against the current bill, so repayment still has to be made.

1. When it comes to the billing date, refund arrival time and the time of each purchase, each bank has different regulations on whether credit card refunds are counted as repayments in the current period. For example:

1. CITIC Bank stipulates that if the refund transaction date of unbilled items is less than or equal to the billing date of the current period, the current period's debt can be offset. If not, the balance due on the next period's bill will be offset, and the current period's bill must be repaid on time.

2. China Merchants Bank stipulates that the final specific display time of Palm Life after the refund is received shall prevail.

Shanghai Pudong Development Bank stipulates that if a refund occurs, it must be determined whether it is after the date of payment. If it occurs after the billing date, the refund will be offset against the new consumption on the card.

3. Ping An Bank stipulates that all refunds received will be given priority to offset the arrears. Whether the return payment can be offset against the issued bill mainly depends on whether the original transaction of the return is in the previous period's bill. If the original transaction time is in the current period, or the transaction information provided by the merchant is missing and cannot be matched, it can only be deducted. The current period's bill cannot be used to offset the balance due from the previous period's bill. Timeliness of refund arrival: Refunds vary according to the merchant's refund method. Generally, they arrive within 3-15 working days, so it is recommended to repay according to the bill.

Therefore, when you encounter a refund during the actual consumption process, you must consult the corresponding bank customer service staff or pay attention to the changes in the bill and the status of the refund after the refund in real time to avoid failure to repay in time. situation.

2. Where is the money refunded to the credit card:

The money after the credit card refund will be deposited into the card. The account after the refund is not actually credited. on the credit card, but as an overpayment on the credit card. However, if the money is refunded after the billing date, it will not be considered as current repayment. Only the user's own cash deposit will be considered as repayment.

If the refund is received before the bill date, the consumption can be deducted. However, if it is received after the bill date, it cannot be deducted from the current month's repayment and can only be included in the next payment. Monthly bill.