Chip Lupo, Credit Card Writer
@CLoop
A credit balance refund on the PenFed Pathfinder® Rewards Visa Signature® 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 $700, but pays $1000, can get a credit balance refund of the $300 that they overpaid.
Cardholders can request a PenFed Pathfinder credit balance refund: by phone 1 (800) 247-5626 or by sending a written request to:
Pentagon Federal Credit Union
PO Box 456
Alexandria, VA
22313-0456
They can get their refund in the form of a check or an ACH refund credit to the bank account from which the payment was originally taken. 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 PenFed Pathfinder credit 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, PenFed is required to offer you a refund.
People also ask
How can I get a PenFed Pathfinder cash advance?
To get a PenFed Pathfinder cash advance
- Call PenFed customer service at 1-877-856-9690 and request a PIN, if you don’t already have one.
- Insert the credit card at an ATM and enter the PIN.
- Select the cash advance option on the ATM screen.
- Enter the amount you’d like to withdraw.
- Withdraw the cash and remove the credit card from the ATM.
Before you take out a PenFed Pathfinder cash...
read full answerWhat does a negative balance on a credit card mean?
A negative balance on a credit card means that your balance is belo zero. In other words, your credit card company owes you money, rather than the other way around. In other words, you’ve paid more than your total balance due. Credit card companies generally prevent you from paying more than you owe, especially online. But if you pay by check, you might get around the policy. You’ll see the negative balance on your monthly statement...
read full answerHow long does a credit card refund take?
A credit card refund could take anywhere from a few minutes to several weeks, if you’re returning a purchase. But if you’re seeking a refund because you’re disputing a charge on your monthly statement, the process could take up to 150 days. The law dictates that you must notify your credit card’s issuer of the problem within 60 days. And they must resolve it within 90 days of being notified.
Here’s what decides how long a credit...
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