Moving money from a Credit Card after a refund.

Relax183

Hi,

We've recently sold our car and have had the insurance refunded to our credit card which is now approximately £500 in credit rather than debt.

Is there some way to transfer that money back to our current account?

[Deleted User]

You could ask them to send you a cheque.

grumbler

The only way is to ask the CC provider.

robber2

withdraw cash at an ATM then pay it into your bank

lee111s

robber2 wrote: »

withdraw cash at an ATM then pay it into your bank

DO NOT do this. Never withdraw cash on a credit card, regardless if it's in credit or not as it may well still show as a cash advance.


Speak to the credit card provider and they'll most likely be able to refund it to a bank account for you.

[Deleted User]

And would also incur a fee....

grumbler

Obviously, it a was tong-in-cheek reply to the OP's ill-defined question...

Relax183

Thanks for the quick reply from everyone, I will try and contact the bank the credit card is connected to first to see if they can transfer the money. If that becomes a dead end I'll try the credit card company directly.

Cheers.

grumbler

AJHRobins wrote: »

...I will try and contact the bank the credit card is connected to first.... If that becomes a dead end I'll try the credit card company directly.

:huh:
What bank and CC company are these? Regardless, you have only one point of contact.

Wilkco123

I overpaid my HSBC credit card once, a few years ago after forgetting I had set up a Future Dated Payment. Phoned the bank up and they transferred it into my current account with no fees. Took 2-3 days due to it being a BACS payment.