In most banks, it takes about half a month for a refund to arrive, and some even longer. For example, China Bank or some local banks need about ten working days; ICBC needs about 15 working days; CCB can generally complete the refund process within 3- 15 working days; It takes about 3 working days for China Merchants Bank.

Refund only cancels the original transaction, not the actual repayment. After the refund, this account was not actually credited to the credit card, but was used as an overpayment of the credit card.

For more information about the time required to refund a credit card, please visit: See More.

How long does it take to get a credit card refund?

Credit card refunds usually arrive within 3 working days. After more than 3 working days, you can call the bank for consultation, so that you can know the reason for not receiving it.

When do credit card refunds usually arrive?

After the credit card is repaid, the refund will be returned to the credit card, and the entry time is generally 1 to 3 working days, which varies from bank to bank. If it is a refund before the bill date, this consumption will be deducted and not included in the bill; If you receive a refund on the billing date, it will not be included in the current repayment, but will be included in the next bill as an overpayment of the credit card.

Credit card refund is generally put forward by the cardholder, then the merchant initiates the refund, the bank processes the information after receiving it, and then the subsequent refund is sent to the issuing bank, which records it before the customer gets the credit card. If you haven't received a refund for a long time after launching, you can consult credit card customer service at this time.

Credit cards must be returned on time after daily use, and there can be no overdue situation, because there will be penalty interest after overdue, and the longer the time, the more penalty interest. However, if you can't return it on time, you can use installment repayment or minimum repayment amount to avoid overdue repayment by credit card.

In order to prevent the credit card from being returned on time after use, it is best for users to know what benefits to return when using the credit card. If your income is relatively small, you should use credit cards carefully at this time. If you can't return it on time, you can borrow money from your friends.

Extended data:

Pay attention to the following four items when repaying, and banks generally will not take the initiative to tell you!

The minimum payment is useless.

For cardholders, the minimum repayment amount not only relieves the financial pressure, but also does not affect the credit information. But banks generally won't tell you that this is their preferred repayment method: current bills don't enjoy interest-free repayment, but they will calculate overdraft interest at five ten thousandths.

It is recommended to use it occasionally. If the interest rate is the lowest for a long time, the annualized interest rate may reach 20% to 30%.

Usually, the cardholder's repayment date is the demarcation point. Interest shall be calculated daily according to the total amount owed before repayment, and calculated daily according to the balance owed after repayment, which adds up to the total amount of interest payable.

If the previous bill contains interest, and the cardholder fails to pay off all the arrears on the final repayment date, the interest of the previous principal will be calculated as the next principal in the next bill.

In order to avoid similar situations in the future, it is recommended that partners try their best to repay in full before the repayment date.

Be cautious about automatic repayment

Many people choose automatic repayment, but we must pay attention to the deduction time of the issuing bank. If the salary is not received in time, it is easy to exceed the deduction period, resulting in overdue.

Therefore, it is suggested that there should be sufficient funds in the savings card first.

Repayment on the repayment date or cause overdue

In order to enjoy the interest-free period to the maximum extent, some cardholders like to repay on the day of credit card repayment, but this is very dangerous.

For example, the monthly repayment date of a credit card is 10, and the cardholder repays on 10. If the bank deducts money on the repayment date 16, and you deposit the money into the savings card bound by automatic repayment on 17, the bank's deduction will be unsuccessful or even overdue.

If the repayment is delayed on the last repayment date, it is easy to be overdue. It is recommended to repay a few days in advance.

Generally, banks will give a grace period of about 3 days, fearing repayment by unreliable methods, or repayment by software or system maintenance. Once the repayment date is not returned, the repayment may be overdue again, mainly for prevention.

Excessive repayment does not bear interest.

Excessive repayment of credit cards, the part that exceeds the repayment amount is called "excessive repayment".

The overpayment can be directly used for consumer repayment. If there is overpayment in the card, the overpayment will be deducted first and then the credit line will be deducted; If the overpayment is greater than the consumption amount, there will be no overdraft.

However, it is recommended to avoid "overpayment". After all, credit cards are different from savings cards, and even if there is extra money in the account, it will not generate interest. If you want to get back the "overpaid" part from your credit card, there may be some fees (different bank policies are different).

When will the credit card refund arrive?

In most banks, it takes about half a month for a refund to arrive, and some even longer. For example, China Bank or some local banks need ten working days to return the money to the credit card account; ICBC needs about 15 working days; CCB can generally complete the refund process within 3- 15 working days; China Merchants Bank only needs 3 working days. However, it should be noted that if the refund arrives before the current credit card billing date, the credit card holder does not need to repay; If the refund has been recorded in the current bill, the credit card holder needs to repay according to the amount shown on the bill.

1. Do I have to pay a credit card refund?

Some card friends think that there is no need to return the credit card after the refund, which is not necessarily correct. Usually, there are two situations according to the time after the refund is received.

1) If the refund is received, there is no need to repay in this period, and this refund of consumption amount can offset the arrears in this period;

2) If the refund is received after the bill date, it must be repaid in the current period, and the amount of this consumption refund can only be deducted from the next arrears;

The above is the introduction of "Where did the credit card refund go?". . In short, the credit card refund is returned to the credit card account you paid in the same way. The refund amount will generally arrive in 1~3 working days, and whether to repay is decided according to the arrival time.

2. Where did the credit card refund go?

Credit card refund will be returned to the credit card account used for payment in the same way, but the refund may not arrive in time. Maybe you didn't receive the refund information until after the refund, but in fact, it usually takes about 3~5 days for the refund to arrive.

Of course, some may get the refund immediately after the refund. This time it has something to do with the bank. Generally, you will receive a short message notice from the bank after receiving the account. You can always pay attention to SMS notification, or check the entrance of refund in the credit card official website.

How long will it take for the credit card refund of CCB to arrive?

Online shopping using China Construction Bank credit card for refund will generally arrive at the account within 1-2 working days after the merchant agrees to refund.

It may take 15 working days to return it to the account if it is a refund for offline consumption of CCB's credit card.

In addition, there is no SMS reminder for the refund transaction of China Construction Bank, and the details of the refund progress need to be inquired through the credit card transaction.

CCB Credit Card is a credit card issued by China Construction Bank. The credit cards issued by China Construction Bank are all named "Longka", including: Longka Famous School Card, Longka Business Card and Longka Automobile Card.

interest

Interest-free repayment period: Interest-free repayment period refers to the interest-free period of consumer transactions enjoyed by cardholders who repay in full on time. The interest-free period is from the bank bookkeeping date to the repayment date, with a minimum of 20 days and a maximum of 50 days. Overdraft cash withdrawal transactions do not enjoy interest-free repayment period.

Tip:

If you don't repay in full before maturity, you won't enjoy the interest-free period. The Construction Bank will charge interest at a daily interest rate of 0.5 ‰ and compound interest monthly. The interest-bearing date is from the date of consumption to the date of repayment, and the interest-bearing principal is calculated according to the actual amount payable.

If the repayment is not made before the due repayment date or the repayment amount is lower than the minimum repayment amount, CCB will charge interest as required, and at the same time charge a late fee of 5% of the minimum repayment amount.

The calculation example shows that:

Suppose your bookkeeping date is 17 of a month, and the due repayment date (for example, the 30th of a month) is 17 of the next month (if the month is 3 1 day, it is 16 of the next month, and the year and month are calculated accordingly).

If you spend 65,438+00,000 yuan in April, 65,438+05, and this consumption is credited to your account on the same day, the bank bookkeeping date is April, 65,438+05, because your bookkeeping date is April, 65,438+07, and the due repayment date is May 7, the longest interest-free period for this consumption is 23 days.

If you spend 65,438+00,000 yuan in April, 65,438+08, the consumption amount will be credited to your account on the same day, and the bank bookkeeping date will be April, 65,438+08. Since the consumption amount should be recorded on May 65, 438+07, there are still 50 days before the due repayment date on June 6, and the longest interest-free period of this consumption is 50.

During the cycle turnover:

Revolving credit generally means that the credit limit of a credit card can be recycled. As long as the customer can repay the amount in time after each use (including the minimum repayment method), it can be reused without applying before each use. Revolving credit is the inherent attribute and main function of credit card, which brings convenience to cardholders.

Interest calculation of revolving credit:

The consumption amount of the last statement is the interest-bearing principal, and the interest-bearing days are from the account bookkeeping date to the account repayment date; The interest rate of revolving credit shall be uniformly stipulated by the People's Bank of China, and the daily interest rate shall be 0.5 ‰, with monthly compound interest. The interest on the revolving loan will be stated in the next bill.

The calculation example shows that:

Suppose your bookkeeping date is the 7th of each month and the due repayment date is the 27th of each month. If you spent 10000 yuan on March 20, and this amount was credited to your credit card account on March 23 (that is, the billing date), then on April 7, your statement will list: the total repayment amount in this period is 10000 yuan, and the minimum repayment amount is 1000 yuan. If there are no other transactions between April 8 and May 7, and you paid the minimum repayment amount of 65,438 yuan+0,000 yuan on April 27, the bill on May 7 will include 9,000 yuan and interest of 225 yuan.

How long does it take to get a credit card refund?

After the credit card refund is successful, the money will be returned to the credit card account used for payment. As for how long it will take, it depends on the processing speed of the bank. Different banks have different hours. However, the general credit card refund cycle is within 1~ 15 days, and the refund will usually arrive in 3~7 days.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay.

Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

apply for

In most cases, citizens with full civil capacity (citizens aged 65-438+08 in Chinese mainland) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China.

When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank.

After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.

main feature

Cash advance deposit is not encouraged. You can enjoy an interest-free repayment period and can repay in installments (minimum repayment amount). Join VISA, MasterCard, JCB and other international credit card organizations, which are universal.

It is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.

It has two functions: payment and credit. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers.

It is a high-tech product integrating financial business and computer technology.

Can reduce the use of cash currency.

It can provide settlement services, facilitate shopping and consumption, and enhance the sense of security.

It can simplify the collection procedure and save social labor.

Can promote commodity sales and social needs.