Shady Post Void

So ..... has it posted yet?

Well, first off, congrats on getting the "full value" of the items.
When no receipts are available, stores give the lowest price over the
last 30-60 days.

As far as post voids, well, as many have said it can take time to show
up. If you access your information online, you can see it the minute
it gets posted. Whether it takes longer to post is a different matter.
At least you can see it is coming.

It can take 4-10 days to show as posting. What you don't know, and has
not been stated, that I saw, it can actually take up to two billing
cycles to see it on a bill.
The reason for this is because if the transaction takes place right at
the time your bill is getting processed, you won't see it on the first
bill.

Sadly, they are fast to take our money; but, it seems to take much
longer to give it back. (That is because of the time it takes to
process the refund. Seems crazy, and it is, but, that's why. Making a
purchase is much more simple. Consider it like this: It takes longer
to clean up a mess than it takes to make one).

Wow, that's a big difference -- over $30 -- of a mistake to be made.
At least the store agreed with you and rectified it. Um, sort of
rectified it. Almost.

that a credit / debit card refund is NOT instant.


and that it depends on your FINANCIAL INSTITUTION rather than the
store on how fast your money gets credited back to your account.



You need to contact your credit card and ask them why the money hasn't
been returned.

For whatever reason, Target's returns tend to take 7-10 BUSINESS days
to process and show up back in your account. You don't mention if 5
days is from the date you did the return or 5 business days. I have
worked for them and been a customer for years and this has always been
the case.

In truth, it can take up to 30 days to post back to your account
depending on your own bank as well and they are perfectly within their
right to take this long to process. You legitimately agreed to the
initial purchase and now they have to "un-do" it.

I am checking constantly because otherwise we only have $22 in our
bank account until monday. It's hard to wait patiently for nothing to
happen when you are 8 months pregnant and have no money. My husband
works very hard for our money as he has just returned from
Afghanistan. He has the day off monday so we will be going to the bank
to fill out one of those written forms. Also, I will add again that we
were told this would only take about 24 hours and no longer than 3
days to be refunded to us. both by the target manager and also by the
bank.

When a post void is done, a refund is not put through to your
account.

When you do a credit card transaction, the system electronically
places an authorization which guarantees your funds for the merchant.
The merchant then has to close out the transaction and actually charge
your card for the charges to post. Usually this happens overnight,
after the close of the business day when the systems reset.

When a post void is done, the transaction is essentially cleared out
of Target's system as if it never happened, but this does not affect
the system of your financial institution. Once an authorization is
placed, it either must be posted as a charge, or left to expire.
Depending upon your financial institutions policies, as mentioned, it
can take 7-10 business days.

Your money will NOT appear as a credit, the pending charges will
simply disappear.

It can take up to 7 to 10 days (sometimes more depending on the bank)
for the funds to get credited.