refunded payment on statement question? HELP

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bobbyburns34
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refunded payment on statement question? HELP

Postby bobbyburns34 » Wed Aug 28, 2013 7:18 pm

Say i spend $200 and once a statement is created and given a date to make payment, what happens during that time if i send the item back for a refund?

will the balance/statement go back to $0? or am i forced to pay the $200 even though i dont really owe it since i was refunded?

im on a cap one mastercard plat


DavidNY
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Postby DavidNY » Wed Aug 28, 2013 7:23 pm

bobbyburns34 wrote:will the balance/statement go back to $0?


Yes .

bobbyburns34
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Postby bobbyburns34 » Wed Aug 28, 2013 7:24 pm

so i would ignore the bill?

catsartcox
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Postby catsartcox » Wed Aug 28, 2013 7:27 pm

Yeah, what you can do. If the bill has already posted with the new charge. Is just call them and let them know that a refund should be pending. This is assuming that you think the refund will post after the bill is due. If it posts before then you balance should set itself to zero.
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DavidNY
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Postby DavidNY » Wed Aug 28, 2013 7:29 pm

bobbyburns34 wrote:so i would ignore the bill?


You can call your creditor to confirm the credit has posted. If your balance is $0 you can ignore the bill.



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