CC UPI Refund will be credited to SB or CC

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Deal Cadet
Imperial_Penny

I made a travel booking using PayZ UPI while payment I choose credit card. The journey was cancelled money refunded to UPI ID now the refund will be credited to savings account that was linked to PayZ or to the credit card that was used while booking? I think refunds will always be credited to savings account is that correct.

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Deal Lieutenant Deal Lieutenant
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refund will be credited to CC

Blaze Blaze
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Source @ CC

Deal Cadet Deal Cadet
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Refunds are strange with CC on upi. Sometimes, I got refunds credited to my bank account. However, it showed as refund in cc statement and another debit entry to transferred funds to savings account.

Deal Cadet Deal Cadet
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So no negative amount on CC then? I think to avoid negative amount it got transferred to SB.
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Deal Cadet Deal Cadet
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Okay I will update once I get the refund thank you all for the input

Deal Cadet Deal Cadet
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Always same payment method.

Finance Mentor Finance Mentor
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Some merchants send refund to your UPI ID, here you will get refund in your bank account.

Or if merchant use UPI refund system then you will get refund in your credit card.

Some banks credit your refund instantly or some banks like Kotak bank credit your refund within 3 to 9 days (but kotak statement you will see refund on back dates).

Deal Cadet Deal Cadet
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What is UPI refund system?
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Deal Cadet Deal Cadet
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I made two payments one from bank account and other from CC RuPay both got refunded to their respective accounts. 

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