How long does credit for an official refund take?

Approved refunds take up to 30 days for most payment methods. Click here for more information.

If the one used is no longer valid or it's already been that long, ask your financial institution or the iTunes Store staff.

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According to Apple:

If your refund is approved, the funds are applied to the same payment method that you used to buy the item.

Here's how long it takes for a refund to appear on your account or statement:

Store credit—It might take up to 48 hours to see the refund in your Apple ID balance.

Mobile phone billing—It might take up to 60 days for the statement to show the refund. Processing time might be affected by your carrier. You can contact your carrier for an update.

All other payment methods—It might take up to 30 days for the statement to show the refund. If you don't see the refund after 30 days, contact your financial institution.

Click ▶︎ Check Refund Status.

The timeline for refunds usually depends on a couple of things. If the refund credit was for an online order, then you would have to give the item being returned enough time to be received and inspected in the distribution center. Once it has cleared, you should see the credit back onto your original method of payment roughly 2-3 business days after, depending on how quickly your bank posts credits.I If you returned the item in the store, the returned item is not being shipped and you should see it back on the same method of payment in around 48 hours, possibly less.

You should be able to track it online as well like you would your deliveries, at Apple.com/orderstatus. Of course you can reach out to Apple post sales support if you feel its been long enough,they can definitely research any delays or holdups.