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What If I Have Pending Refunds or Chargebacks for a Cancelled Virtual Card?

If you've cancelled a virtual card, your pending refunds or chargebacks may still be processed—but there are a few things you need to know.

Pending Refunds
If you’ve cancelled a Yeeld virtual card and a merchant tries to issue a refund to it, the refund may be rejected depending on how they send the payment. In this case, you’ll need to contact the merchant and ask them to refund the money using a different method.

They can usually issue the refund using the original authorisation code or to your new card details. If you don’t receive the refund, please get in touch with our team and we can help you raise a dispute.

If the refund was linked to a Wallet (like a Space) that you've since closed or archived, the money will be redirected to your main Yeeld account.


Chargebacks
If you’ve disputed a payment made on a virtual card and your chargeback is successful, the refunded amount will be returned to the Wallet the card was linked to at the time.

Need help? Just reach out to Yeeld Customer Support through the in-app chat or phone—we’re here to help.

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Yeeld's products and services are provided by Yeeld Financial Services LTD (15776510) and Yeeld Investments LTD(15775018), wholly owned subsidiaries of Yeeld Technologies LTD (14870361) registered in England and Wales with a registered office at Level 18, 40 Bank Street, Canary Wharf, London, England, E14 5NR.
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This card is issued by Transact Payments Limited pursuant to licence by Visa Europe Limited. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission. Electronic money accounts and related payment services are provided by Transact Payments Limited, a payment and electronic money institution authorised and regulated by the Gibraltar Financial Services Commission (GFSC) to offer payment and electronic money services in Gibraltar and the United Kingdom. Registered office: 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Incorporation number 108217. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme, your funds will be held in one or more segregated accounts and safeguarded in line with Part 4 of the Financial Services (Electronic Money) Regulations 2020.

The Authorised Push Payment (APP) Fraud Reimbursement rules, that apply to bank and payment service providers for relevant UK consumer accounts,do not apply to the accounts provided by TPL.
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For more information on how to prevent APP Fraud from happening, please visit our FAQ section on Fraud.

Yeeld Investment Limited (FCA no: 1019161) is an appointed representative of WealthKernel Limited is authorised and regulated by the Financial Conduct Authority, no. 723719, registered in England and Wales, no. 09686970, with a registered office at 41 Luke St, London, UK, EC2A 4DP. All assets held under custody are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000. Please refer to https://www.fscs.org.uk for more information.