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Old 10-05-2009, 12:47 PM   #1
WuTang
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CC Refunds : Instant Charge but 7 to 10 biz days to return

Why does it take 7 to 10 biz days to return money to a card when they can take it instantly?
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Old 10-05-2009, 12:55 PM   #2
epitome
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Quote:
Originally Posted by WuTang View Post
Why does it take 7 to 10 biz days to return money to a card when they can take it instantly?
Seven to ten days is excessive, but there is a reason for a shorter period of two to three days.

It's all about posting and getting it from the financial institution that holds the funds.

Now, since it's all electronic and there are clearinghouses of sorts, I have no idea why that cannot be near-instant, too. It's not like they're FedEx'ing documents all across the country.
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Old 10-05-2009, 12:57 PM   #3
SleazyDream
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so i bought an aeroplan flight the other day, tried to use epassport - didn't work but aeroplan took the money. they deny it - now epassporte says it'll be 30 days before i get the money back
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Old 10-05-2009, 12:57 PM   #4
dyna mo
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my merchant account refunds cards in 24-48 hours
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Old 10-05-2009, 12:59 PM   #5
Sly
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I've only requested a few refunds ever and they were all very quick. Sounds strange.
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Old 10-05-2009, 01:17 PM   #6
fatfoo
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How many days to return money? I have no idea.

Hey, WuTang. Method Man from Wu Tang Clan was arrested for $33k unpaid taxes.
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