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Monday, October 19, 2026Updated 22:56 UTC

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Credit Card Refund Pending? Don’t Subtract It From Your Payment

Source: Money Crashers · Oct 19, 2026 18:30 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Say you mail back a $900 TV two days before your statement closes. The statement still counts the $900 in what you owe, and the refund can take weeks to catch up. Federal rules put a clock on refunds, and... Source

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