Refunds have no impact on credit cards, but please pay attention to whether they can offset the latest credit card repayment amount.

If consumers who purchase online with a credit card are not satisfied with the goods, the refund applied for after returning the product will be refunded directly to the credit card. However, this refund will not necessarily be used to offset the latest credit card repayment amount. If you do not understand the situation, it may cause overdue repayment. Not only will you be charged penalty interest, but it may also affect your credit report. .

If you paid with a credit card, after applying for a refund, the refund will be refunded directly to the credit card. It is worth noting that although the refund has been refunded to the credit card, it does not mean that the previously paid credit card consumption does not need to be repaid. Credit card refunds are divided into two types: refunds on the day of purchase and refunds after the date of purchase.

If the consumer makes a refund on the day of purchase, the situation is relatively simple, and the funds can be returned smoothly on the same day, and no later than the next day. If the refund occurs after the purchase date, it will generally take 7 to 15 days for the refund to be issued. It should also be noted that refunds received before the bill date can be offset against the current balance.

Refunds received after the bill date cannot be recognized as current repayments. The cardholder needs to repay according to the amount owed on the current bill, and the refund can only be credited to the next period. bills, so you should pay attention to whether you can offset the current bill. If you cannot offset it, you need to continue to repay on the next repayment date.

Extended information:

Refunds have no impact on credit cards. The biggest impact is whether the refund can offset the latest credit card repayment limit. If you forget it, it will become overdue, and it will last. If the cardholder is overdue in credit card repayment, additional late payment fees and interest will be charged. If the overdue balance and related fees are not paid off before the next bill date, it will affect the cardholder's credit record.

Each company also has different regulations regarding credit card refunds that can be offset against repayments. For example, some banks say that if a transaction is made before the bill date, but the refund is credited after the bill date and before the repayment date, it can also be regarded as the latest bill repayment. Since the final interpretation of whether the repayment can be offset lies with the bank, it is best for consumers to call the card-issuing bank for confirmation to avoid negative credit records due to insufficient or overdue repayments.

People's Daily Online - Pay attention to whether the refunds generated by credit card online shopping during "Double Eleven" can be offset against the repayment