What happens when you get a refund on your credit card and your balance is already at zero?
For example, I purchased 2 flights for £192 so on my credit card, the balance is £192. I have subsequently paid off this £192 through repayments. 2 months later I am thinking of cancelling the flights altogether because I can no longer afford it.
So my question is, how does a company refund a credit card that already has a zero balance? does the refund show as +£192 above zero on my credit card statement?
May 31st, 2010 at 10:40 pm
yes +, you are bright boy
May 31st, 2010 at 11:10 pm
no it will just show as £192. not +.
For instance if u add £192 and 0 you get £192
June 1st, 2010 at 12:09 am
The money is distributed to the credit card company’s executives as an incentive for legally robbing their customers of their hard-earned money.
June 1st, 2010 at 1:06 am
It will tell you, you have 172 more above your credit limit then it is normally.
if you dont use the credit card before your next statement they will automatically mail you a check. you can always request a check from them too if you want the money back sooner.