Originally Posted by
Redhead
Plus a refund to a card will usually mean a claw-back of points - so why would you want to do this? Unless you are refunding to a non-points card to avoid the claw-back - but I've never met a merchant who would do this. Not illegal (unless done for fraudulent purposes) but not really done
At least in the case of Chase, the additional bonus points (if any) aren't clawed back. For instance, getting a refund at Costco last quarter would effectively have resulted in getting 4x points for your purchase instead of 5x.
But yeah, generally speaking, I'd expect all of the points to be clawed back unless there are datapoints proving otherwise.