Adam McCann, Financial Writer
@adam_mcan
A Bank of America credit balance refund is a reimbursement for paying more than the total balance owed on a Bank of America 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 a Bank of America credit balance refund by phone (1-800-732-9194) or by sending a written request to:
Bank of America
PO Box 98223
El Paso, TX 79998-2234
Bank of America cardholders can get a credit balance refund in the form of a check.
Note that you are not required to request a credit balance refund if you overpay your Bank of America credit card. You will have a negative balance on your account, so your future purchases will be credited until the balance is back to zero. And if you maintain a negative credit balance for six months, Bank of America is required to offer you a refund.
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