If it is before the billing date, the refund can offset the current arrears, otherwise it can't. As long as it is a refund before the bill date, it can be deducted, but the refund after the bill date can not be deducted. If the refund occurs after the bill date, it can't offset the repayment of the current month, but only the repayment of the next month.

generally speaking, whether a credit card refund can deduct the arrears can be divided into two situations. If the refund arrives before the bill date, the arrears can be deducted. If it arrives after the bill date, the amount owed in the current period cannot be deducted, and it can only be recorded in the next bill. Extended information

In the bank credit card system, refund and cash repayment belong to different transaction types. Refund is only the cancellation of the original transaction, not the actual repayment. After the refund, this account was not really 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.

The purpose of this regulation is to prevent cardholders from cashing out illegally by using credit cards. If the cardholder colludes with the merchant, at the beginning of each credit cycle, a sum of money will be brushed out with the credit line, and then the merchant will return 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 occupy the money for free forever.

according to the bank practice, the refund after the bill is not counted 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 15th of next month. If your credit card generates a refund on October 5, that is, after the billing date (September 26), this refund can not be regarded as the current repayment, but can only be counted as next month.

"Refund" in a credit card is different from cash repayment. Refund of air tickets, Alipay account or cancellation of consumption by other merchants cannot be included in the current repayment. Only when the user deposits cash himself can the repayment be considered. "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 current month's repayment and can only be included in the next month's bill. " A bank customer service staff said.

The credit card refund process is complicated. The merchant initiates the refund, and the bank is only the receiver. Therefore, there will be no SMS reminder when the credit card refund arrives. It is recommended that the cardholder check with the bank in detail when encountering the actual refund problem.

China Taizhou Net-Is a credit card refund a repayment?