How Credit Card Refunds Work | Processing Time, Rules & Customer Care

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What Is The Credit Card Refunds Work | How Credit Card Refunds Work | How Credit Card Refunds Work Processing Time | Credit Card Refunds Work Rules

Shopping with your credit card can be a very easy procedure and if you are taking into consideration shopping with your credit card then you can also initiate your refund if you are returning the item that you have bought. You can check out the details given below in order to no more about Credit Card Refunds Work and we will also share with you all the details of the Processing Time, Rules & Customer Care. We will also share with you all the step-by-step procedures through which you will be able to initiate your refund for the credit card.

How Credit Card Refunds Work?

Sometimes when you make a purchase using your credit card it can be a wrong purchase or if you have bought the wrong item then you can request a refund. You can take into consideration the return of the item and you will be provided with a refund of your credit card by following a very specific step-by-step procedure. When you file for a return the procedure of your return takes place right after your request is accepted by the online shopping website. You can easily return the amount to the Merchant and when the return is successfully verified by the authorities your refund will be initiated to your credit card. Your refund will be initiated to your credit card and it can take up to 7 to 10 business days.

Credit Card Refunds

How to Remove Credit Card From Amazon Via Mobile App

Refund Processing Time

Your credit card refund will be refunded in the following days according to the various online shopping website:-

Online Shopping WebsiteRefund Processing Time Frame
Amazon3-5 Business Days
Flipkart7-9 Business Days
Myntra7-10 Business Days
Nykaa7-10 Business Days
Snapdeal7-10 Business Days

Standard Chartered Smart Credit Card

Factors Affecting Credit Card Refunds

There are various factors that will be affecting the credit card refund rate and given below we are sharing all of them:-

  • Sometimes, if you make a return request through the payment gateway then it will take a lot of time.
  • The payment gateway will be sharing your information with your bank and then the return will be initiated.
  • The bank will be accepting your request and the refund will then be processed.
  • The amount will be refunded into the customer’s account on the basis of the website through which you are doing your shopping.
Credit Card Refunds

Customer Care 

BankCustomer care numberE-mail Address
HDFC1800 266 4332customerservice.cards@hdfcbank.com
ICICI1860 120 7777infosecfeedback@icicibank.com
SBI1800 425 3800epg.cms@sbico.in
IndusInd1860 500 5004reachus@indusind.com
Axis1860 419 5555creditcards@axisbank.com
Canara1800 425 0018hocancard@canarabank.com
Citi1860 210 2484head.customercare@citi.com
Corporation1800 22 6606hoccd@corpbank.co.in
PNB1800 180 2345creditcardpnb@pnb.co.in
Syndicate1800 208 3333syndcare@syndicatebank.co.in
Bank Of Baroda1800 225 100ccb@bobcards.com
Kotak Mahindra1860 266 0811customercare.cards@kotak.com
Union Bank Of India1800 208 2244customercare@unionbankofindia.com
Bank Of India1800 220 088boi.customercare@oberthur.com
Federal Bank1800 425 1199contact@fedralbank.co.in
Vijaya Bank1800 425 9992cardsupport@vijayabank.co.in
YES Bank1800 103 1212yestouch@yesbank.in
Central Bank Of India1800 22 1991complaints@centralbank.co.in
Dhanlaxmi Bank1800 425 1747customer.compliant@dhanbank.co.in
Allahabad Bank1800 572 2000customercare@allahabadbank.in
Indian Bank1800 425 4422creditcard@indianbank.co.in
Bank Of Maharashtra1800 233 4526cmcustomerservice@mahabank.co.in
DCB Bank1800 123 5363customercare@dcbbank.com
Jammu And Kashmir Bank1800 180 0234grievance.creditcards@jkbnail.com
Oriental Bank Of Commerce1800 102 1235complaint@obc.co.in
IDBI1800 209 4324idbicards@idbi.co.in
Andhra Bank1800 425 1515customerser@andhrabank.co.in
Indian Overseas Bank1800 425 7744creditcard@iobnet.co.in
American Express1800 208 1223phishing@americanexpress.co.in

FAQs For Credit Card Refunds

What will happen to my reward points if I am initiating a refund?

All of your reward points issued by you through your bank on that particular transaction will be forfeited.

How will my refund be reflected in my credit card statement?

If your bill is generated before the refund is processed, the transaction amount will show as a debit and will be included in your outstanding amount. If the refund is credited before the due date of payment, you can deduct the refund amount from the total amount due and pay the remaining outstanding amount.

Where can I complain if my refund is delayed more than 10 days?

You can contact the customer service representative of your credit card company in order to file for your refund.

How can I get my refund if I have done a transaction in a foreign country?

The refund procedure for getting your money back from a foreign country is also the same as getting money back from your own country.

How will my credit score be affected by getting a refund?

Your credit score will not be affected if you are filing for a refund.

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