store credit

Refund alternative offered

Store credit is a form of refund issued by a retailer that can only be spent at that same store, rather than returned as cash.

It typically comes on a card or as a note on your account: They wouldn't give me my money back, just store credit.

Retailers prefer it because the money stays in their ecosystem.

Related
  • refundMoney returned after purchase
  • voucherRedeemable certificate for value
  • balanceSteadiness or amount owed
  • receiptWritten payment acknowledgment
  • exchangeMutual giving and receiving

return · return policy · final sale · merchandise · gift card · cashback · register · checkout · purchase · redemption · policy · expiration date · use it or lose it · loyalty · points · coupon · rebate · reimbursement

Categories
Opposites
form of payment/refund

store creditcash refund

Payment for returned goods

cash · cash back · money back · full refund · bank transfer

restriction/flexibility

store creditno strings attached

Without obligations or conditions

bank credit · Visa gift card

Family

store, credit, stores, stored, storing, storage, storable, credits, credited

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G