yes and no. The machine is capable of using any card to refund money, but many corporate stores have a policy of only using the original card. This prevents theft and mix ups in paperwork.
ie: People find a receipt with a high dollar amount. Go to the store it was purchased and find the item on the shelves and take it to get a refund. Fraud.
Many credit card companies have in their terms that they have the right to take 3 to 4 weeks to credit your account with a refunded amount. So the merchant may have processed the refund but your credit card company will take 3 - 4 weeks to accept it. This is so they can hit you with balance charges.
It represents "money you haven't spent yet". If your next purchase on that card is $60, and the credit is $20, your next billing will be for $40.
Yes, if they obtain a judgment and file for a garnishment of your state tax refund.
It is very common for a credit/refund to take up to 6 or 8 weeks to be processed. It always takes longer to get a refund than it does for them to take the money. Where i used to prefer virtual credit cards for online transaction.
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
Yes, you most certainly can. A card may be cancelled between the time of purchase and refund, and it is illegal for a vendor to refuse on this basis.
Debit
The credit card is supposed to be presented and processed. But it is possible for some systems to correctly process the refund if it is not. Unfortunately I would be very suspicious that the refund was not applied if the compan7y did not process the credit card.
if you pay by card you will get a refund by card
No.
It is dependent on the store that you purphased the item from. Some will allow you, others will not. Typically, they ask you for the credit card you used when you bought the item and refund the money back onto the card.
Yes - the refund is an asset - which the card company can use to offset your debt !
3 days
Cause you didn't pay with cash in the first place? Otherwise why are you using a credit card?
Many credit card companies have in their terms that they have the right to take 3 to 4 weeks to credit your account with a refunded amount. So the merchant may have processed the refund but your credit card company will take 3 - 4 weeks to accept it. This is so they can hit you with balance charges.
- a refund check - a credit to the credit card used - a store credit redeemable only at that store
- a refund check - a credit to the credit card used - a store credit redeemable only at that store