If your credit card or debit card number has changed, but is for the same account used at the time of purchase (e.g., a new card has been issued for the same account), the refund will be processed to that account.
https://youtube.com/watch?v=Ne8VzfyRJtg
In this post
What happens if a refund is sent to a Cancelled card?
The refund will be redirected to the bank account linked to the card. This might be possible for debit cards but could be a bit tricky with credit cards as you don’t always have a bank account linked to it. Or, the bank would decline the refund and send it back to the issuer.
What happens if I get a refund to an old credit card number?
The bank will realize that the card number is no longer valid, but will see the account it’s tied to, at which point the refund should be transferred to the new card number/account automatically. Stripe’s card updater service will recognize your new card number that replaced the old card.
Will a refund go back to a Cancelled credit card?
Refunds must go back to the card used for the original transaction. You cannot refund to a different credit card. Rarely, a closed account is no longer active and the credit card company cannot accept merchant refunds.
What happens when your credit card number changes?
When your issuer needs to change your credit card number, they’ll send you a replacement card with a new number. It’s linked to the same account you’ve been using all along. Nothing on your credit report will change in any way that would affect your score: There’s no credit check.
Can I still get a refund if I have a new bank card?
If your credit card or debit card number has changed, but is for the same account used at the time of purchase (e.g., a new card has been issued for the same account), the refund will be processed to that account.
When my bank issues me a new credit card with a different number can I still get a refund if I return an item bought with the old card?
The good news is that your bank/card company will transfer the refund to your new card number so there is no need to worry. If your card has been canceled, you will need to contact your card company or bank to see how you will receive your refund.
Do I need the same card for a refund?
No, funds must be refunded to the card that was originally used for the credit card transaction. This is to help prevent fraud by ensuring funds return to the same bank account that was originally debited and not an account that does not belong to the original cardholder.
Will changing my credit card number Stop Auto payment?
Changing your credit card won’t necessarily stop the charges because credit card issuers will now update charges to your new credit card automatically. However, if you’ve tried unsuccessfully to cancel a subscription service, you can contact your credit card issuer or bank for help.
How does a merchant know my new card number?
How Updater Services Work. Each month, merchants send a list of names and card numbers to their acquirer, or payment processor, who check their data against Visa, MasterCard, American Express and Discover, Lindeen explained. The acquirer lists the cards with updated information, and returns the list to the merchant.
Does a replacement credit card have a different number?
A new card will typically have a different expiry date. A replacement credit card only has the same number as the card it’s replacing, if it’s being automatically replaced due to expiration (and then it has the same number but a different exp date).
When you activate a new credit card does it deactivate the old one?
When you activate your new card, your existing card is automatically deactivated, so you should destroy it by cutting it up or shredding it to protect yourself against fraud.
Will Cancelling a card stop recurring payments?
Short answer – yes. If you have used your debit card to set up any recurring payments, then cancelling it will also stop these payments from being taken out of your bank account.
Can I block a transaction on my credit card?
Stopping a card payment
You can tell the card issuer by phone, email or letter. Your card issuer has no right to insist that you ask the company taking the payment first. They have to stop the payments if you ask them to. If you ask to stop a payment, the card issuer should investigate each case on its own merit.
Does your bank details change when you get a new card?
As you’ve no doubt guessed, getting a new card does not affect your direct debits. A direct debit is linked to your bank account rather than your debit card. As such, no matter how much your card and card number change, your direct debits will remain unaffected.
Can stores see your credit card number?
From the card itself, the Merchant gets the track data, which includes card number, expiration date, and cardholder name. If the Merchant requires zip code verification, they’ll get your zip code, obviously.
Can my credit card be charged without my permission?
Any charges made without permission are considered “unauthorized” and consumers can dispute the charge. Consent can be obtained in several ways under the Act: Swiping a signed card and signing a receipt; Completing an online form; or.
Does CVV number change with new card?
As a matter of security, no two cards have the same CVV. If you sign up for a new credit card or replace an existing one, you’ll end up with a new code; the same applies if your current card expires and you receive a replacement. Even if your credit card number is exactly the same, you will still have a different CVV.
What happens if I lost my credit card and someone uses it?
If you report a lost or stolen credit card before it is used, the card company cannot hold you responsible for any unauthorized charges. If there is unauthorized use of your card before you report it missing, the most you will owe for unauthorized charges on the card is $50.