What happens when I receive a refund on my credit card?

When you receive a refund, it’s applied to your account as a credit and lowers your balance.

Refunds usually take 3 to 14 business days to process.

If you’ve already paid off your balance, the refund will create a negative balance that applies to future purchases.

What to keep in mind: Refunds reverse any rewards earned on that purchase A refund doesn’t replace your minimum payment If your due date is coming up, you still need to make your payment

If you don’t see your refund after 14 days, you should check with the merchant.