Sue Patterson, WalletHub Analyst
@sweetsue
If you overpay your Kohl's Credit Card, your account’s balance will go negative.
That means that the card company owes you money, rather than you owing the card company money.
The easiest thing to do is to just continue using your Kohl's Credit Card. Your future purchases will be applied to the negative balance you’ve built up.
Alternatively, you can ask for a Kohl's Credit Card credit balance refund. You can either contact customer service by calling the number on the back of your card, or send written notice to request a refund check for the amount overpaid. The address is:
Capital One
Attn: General Correspondence
P.O. Box 30285
Salt Lake City, UT 84130-0287
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People also ask
What does available credit mean on a credit card?
Available credit is the remaining amount of your credit card’s credit line that you haven’t spent yet. You can find your available credit on your monthly account statement or by logging in to your online credit card account. It’s important to be aware of how much available credit you have because if you try to spend more than that amount, your card may be declined.
To calculate your available credit, the card issuer starts with your full credit limit....
read full answer by WalletHub, Financial CompanyHow can I get a Capital One credit balance refund?
A Capital One credit balance refund is a reimbursement for paying more than the total balance owed on a Capital One 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 Capital One credit balance refund by phone the number on the back of your card or by sending a written request to:
...
read full answer by Bogdan Roberts, Credit Cards ModeratorDid we answer your question?
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If you don't use up the credit, they will supposedly refund you the money. My statement says they did a credit balance refund, but I have yet to see the money returned. Maybe I should charge Kohl's a late fee. It's been almost 30 days and still no money or check from Kohl's. Not good.