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Esteemed Contributor
KathyPet
Posts: 5,660
Registered: ‎03-09-2010

Crediting back money from a debit card purchase

‎11-10-2014 05:58 PM

Why can they debit your account immediately but then not be able to credit your account back for 3-5 business days when you return something? Is the merchant playing the float or is it the bank itself who is holding your refund?
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Super Contributor
GinzTonic
Posts: 408
Registered: ‎10-08-2014

Re: Crediting back money from a debit card purchase

‎11-10-2014 07:28 PM

It depends on the BANK. I work at Marshalls. We give cash back on a debit, because some banks hold it. Causes problems on a daily basis.
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RainyDayGal
Posts: 4,148
Registered: ‎03-09-2010

Re: Crediting back money from a debit card purchase

‎11-10-2014 07:37 PM

I have never had a problem getting it credited back to my account the same day. I've heard merchants tell me that but I've never experienced it.

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Respected Contributor
kittyloo
Posts: 2,430
Registered: ‎03-11-2010

Re: Crediting back money from a debit card purchase

‎11-11-2014 11:10 AM

jcp also gives back cash on a debit card for the same reasons. can take up to 10 days to get the credit back.

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DJs mom
Posts: 2,932
Registered: ‎06-06-2012

Re: Crediting back money from a debit card purchase

‎11-11-2014 11:22 AM

I get my credits back on my debit card within 1 to 2 days.

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Lipstickdiva
Posts: 33,580
Registered: ‎03-10-2010

Re: Crediting back money from a debit card purchase

‎11-11-2014 01:10 PM

I always get a credit back on my debit card within a day, possibly 2 if it's the weekend.

It also generally takes a day for the money to come out of my account.

However, I always use my debit as a credit card. I don't use it as a debit by entering my PIN.

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