Originally Posted by
flyingcrooked
Searched the forum in the hope of avoiding a new thread/post, but couldn't find anything recent. Figured this thread made sense.
Moderator note: moved to a thread that's more recent than the 2011-vintage thread where this was originally posted.
Does anyone know how long cc refunds are taking these days? Booked $25k of flights last week, now need to cancel about $10k of those and rebook because of new origin/destination. All latitude fares. Wondering how long it will likely take for refunds to be credited to my card as I'd rather not end up with a $35k statement balance due.
It shouldn't take more than a few days most of the time, and if you do happen to cross a statement date, it should almost certainly post in time for it to be credited before you have to pay. See first-hand experiences in the thread above.
Not sure why cancellation refunds take any longer, even one second longer, than it takes for charges to post.
Having worked in the credit card business for a while, it's complicated, but you're not wrong, in principle, that it
should work that way. It also depends on what card you're using. In recent times, I've found refunds show up on my CIBC Visa about as quick as charges do.