How does getting credit back on your credit card work?
Written By: admin on July 20, 2009
One Comment
Let’s say I buy something for 0. I return it and they say I will have that credit back on my credit card. So now my credit card balance is 0? What if I paid for that 0 already and then returned it and got credit back? Can a credit card have a balance and have money withdrawn from it?
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Yes. The retailer will credit back the $100 onto your account. If you already paid it, you’ll have a postive balance.