Travel refund to credit card impact on credit score?

JohntheDane

I've had a refund to my credit card due to the travel company cancelling my holiday in response to Covid-19 (Jet2 refused to refund me) but as this is sitting as credit on my credit card I wondered if asking to have it moved to another account would impact my credit score negatively in the same way as a cash withdrawal from a credit card would? Does anyone know? 

DingerUK

you could contact your credit card company and ask them to transfer the credit amount to your bank, or if you’ve got other spending in mind use up the credit amount that way. As you’re not “withdrawing” money (like from an ATM) there is no fee for this, and no Impact on your credit file or score. 

D3xt3r5L4b

It won’t impact your “credit score” (aside from the fact that it’s not a real “thing”).
You need to ask the credit company to transfer the positive balance to your bank account or request a cheque to the amount. 

hermante

If you withdraw it as cash from an ATM, it may be reported. Otherwise there is nothing to report.