10+ The Best Ways Refund Onto Credit Card How Long. If your account was closed recently, the card issuer will likely accept the refund. The refund must go to the credit card used for payment. 17 february 2011 at 2:26pm. A credit card refund will return your credit, but you cannot receive a direct cash repayment.
Credit card refunds from the world’s largest department store. 17 february 2011 at 2:26pm. A credit card refund is easy to initiate, but will still take at least several days to complete.
However, a credit card refund that takes a long time to show up on your account could hurt your credit score if the purchase amount pushes your credit utilization ratio above.
Good communication with your bank and with the business where you made your purchase is key. If your account was closed recently, the card issuer will likely accept the refund. You bought flight tickets and the airline goes bust.
Refunds From A Merchant Can Take From 2 Up To 90 Days.
Typically a credit card refund will take 7 days or less to process but in some cases it.