Can I get a refund in cash if I paid by card?

Regardless of the payment method, you can get a cash refund instead of it going back to your card [debit, credit, gift card, SNAP, friend’s card (if you have the receipt), ect]. The original money had already been taken out and belongs to them, so it’s the seller’s money that you are being given.

Can a refund go onto a different card?

Most retailers make the credit card refund process straightforward. You will need the receipt and the credit card used to make the original purchase. The retailer will not be able to give you cash or make the refund to a different credit or debit card.

How is money refunded on a debit card?

Card Operators have the authority to refund a debit card transaction. Debit card refunds are provided in cash, by the Agency, and processed through the Card Transaction Query. These payments are refunded back to the debit card, as they are recorded as credit card payments.

Does a refund have to be on the same card?

No, funds must be refunded to the card that was originally used for the credit card transaction. This is to help prevent fraud by ensuring funds return to the same bank account that was originally debited and not an account that does not belong to the original cardholder.

What happens if a refund goes to an old card?

The bank will realize that the card number is no longer valid, but will see the account it’s tied to, at which point the refund should be transferred to the new card number/account automatically. The bank will reject the refund to the outdated card, and the funds will be returned to our payments processor.

How do card refunds work?

When you make a purchase on a credit card then request a refund for that purchase, you won’t be able to receive cash. Instead, you’ll receive a credit on your account that is equal to the amount of the original purchase. The process usually begins after the merchant agrees to refund you for the item.