Can I get a credit card refund to my debit account?

JellyHavana

Hi, I bought a holiday on my credit card for August and due to Corona we’re not sure if it will go ahead. If I get a refund of this back to my credit card will I have to pay transaction fees to get it back to my debit account which I use most often? The holiday was over £3000 for my partner and I so the charges would be hundreds of pounds as it’s 5% for transfers. I was thinking about not paying my card off (it is interest free and I will still pay my minimum) so that any refund just fills in my debt? I’m not sure what’s best. 

Any advice is much appreciated! 

[Deleted User]

Just ask them to send you the balance.

Don't start paying for money transfers or cash withdrawals.

Alternatively, just spend it over the coming weeks or months.

D3xt3r5L4b

If card has a balance the refund will reduce the balance. 

If it puts your card “in credit” then you can request this amount be transferred back to your account or a cheque be sent to you for the amount it’s in credit by. 

Both options are free. 

PixelPound

They will probably only refund to your CC. Most companies have strict money laundering policies in place and would only put it to a difference account under limited circumstances.

If your card is 0% then if you have a balance it would pay that off. If it comes back marked as a refund and puts you in credit you can ask the CC co to transfer the excess back as it only went into positive due to refund rather than any overpayment.

ic

I had this exact issue after a hotel was refunded due to cancellation.  I rang Santander and they transferred the money back to my current account.  They actually did it as a money transfer, so then had to refund the 3% fee that was charged.  I presume their systems aren't set up to handle that many refunds.

Missus_Hyde

We will be in this same position (always supposing that we receive our refund without any problems from EasyJet ) and really the cost of the holiday is far too much to spend on other things using the credit card.

I'm intending to request that once the refund is received onto our credit card, the CC company pay the money into one of our current accounts, which I'm expecting them to do without any problem.