Chip Lupo, Credit Card Writer
A credit balance refund on the Apple Card is a reimbursement for paying more than the total balance owed on the credit card. For example, a cardholder who has a balance of $500, but pays $600, can get a credit balance refund of the $100 that they overpaid. Cardholders can request an Apple Card credit balance refund: by phone (1-877-255-5923) or by sending a written request to Lockbox 6112 P.O. Box 7247 Philadelphia, PA 19170-6112.
Legally, a credit card issuer is obligated to issue a credit balance refund within seven business days of your request for one. Please note that you are not required to request a credit balance refund if you overpay your Apple Card. If you have a negative balance on your account, meaning you’ve paid more than you owe, future purchases will be credited until the balance is back to zero. If you maintain a negative credit balance for six months, Marcus by Goldman Sachs is required to offer you a refund.
People also ask
Did we answer your question?