How Refund Debit Cards Work — And How To Avoid Their Pitfalls [Forbes]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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US:NYSE Investor Relations:
investor.mastercard.com/investor-relations/default.aspx
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Source: Forbes
After canceling accounts with a cable provider and a cellphone company, each said I would receive a partial refund. Having battled through multiple menus to reach a human being to cancel with, I hung up feeling satisfied. I had tied up my loose ends and expected the money to come back to my credit card or arrive via check. So when I received a refund debit card from the cable company, I sighed, but vowed to use it. Little did I know how hard that would be. These refund cards are loaded with the amount the company owes you, in my case around $25. In theory, they are useable anywhere Mastercard or Visa are accepted. But unlike a more passive refund, this type requires you to work for it. First you have to activate the card. Then the fun begins. The Case of the Elusive Refund I thought I'd spend the 25 bucks on lunch and a couple of coffees. But at the first coffee shop , an angry beep sounded from the store terminal, whether I tapped or inserted the card the way I use all other
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MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 12/9/24 - Form 4
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- MA's page on the SEC website