Credit Card refunds

pcslookout

Lifer
Mar 18, 2007
11,959
157
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f I pay off my credit card before the refund has been posted how does Citi mastercard refund the money?
 

erub

Diamond Member
Jun 21, 2000
5,481
0
0
sure you can get a refund, but why bother? aren't you going to charge some stuff next month and use up your credit?
 

pcslookout

Lifer
Mar 18, 2007
11,959
157
106
Originally posted by: joshsquall
Usually around 3-5 days after the merchant issues it.

Even if your statement has already came in with the charge on it? How can they change your statement so quickly?
 

Gunslinger08

Lifer
Nov 18, 2001
13,234
2
81
Originally posted by: pcslookout
Originally posted by: joshsquall
Usually around 3-5 days after the merchant issues it.

Even if your statement has already came in with the charge on it? How can they change your statement so quickly?

They don't. They just credit it to your account.
 

pcslookout

Lifer
Mar 18, 2007
11,959
157
106
Originally posted by: joshsquall
Originally posted by: pcslookout
Originally posted by: joshsquall
Usually around 3-5 days after the merchant issues it.

Even if your statement has already came in with the charge on it? How can they change your statement so quickly?

They don't. They just credit it to your account.

So they basically give you a refund that pays off that part of your statement ?
 

Gunslinger08

Lifer
Nov 18, 2001
13,234
2
81
Originally posted by: pcslookout
Originally posted by: joshsquall
Originally posted by: pcslookout
Originally posted by: joshsquall
Usually around 3-5 days after the merchant issues it.

Even if your statement has already came in with the charge on it? How can they change your statement so quickly?

They don't. They just credit it to your account.

So they basically you the refund to pay off that part of your statement ?

Yes, or if you've already paid off the full balance, you'll see a negative balance.
 

pcslookout

Lifer
Mar 18, 2007
11,959
157
106
Has anyone done this before and how long has it taken your credit card company? What credit card company do you have?
 

pcslookout

Lifer
Mar 18, 2007
11,959
157
106
Thanks. The credit card company told me it could take 60 to 65 days to see a refund:Q

Can that ever be the case?