Question: Can I Transfer A Credit Card Refund?

Can I transfer a credit card refund to my bank account?

It is against the rules of a credit card for the account to be in credit.

So if the refund puts your account into credit they are quite likely to notice and return the funds to your bank account automatically.

If that does not work, just ask them to send you the funds..

What happens if a refund is sent to a credit card?

If a credit card refund results in a negative account balance, the issuer will either wire the money back to your checking account or send you a check. Alternatively, you could charge additional purchases to the card to bring the balance back up to zero or more.

Can I get a refund if I paid by credit card?

If you paid with a credit card, and the cost of the goods or services was between £100 and £30,000, you may be able to get a refund from your card issuer. This is known as a Section 75 claim and is a statutory right under the Consumer Credit Act 1974.

Can I transfer a credit balance from credit card to bank account?

A money transfer credit card allows you to transfer money to a bank account, whereas a balance transfer card doesn’t. You can ask your credit card provider to move a sum of money from your credit card available credit into your nominated bank account.