Redemption Credit

Learn about the "Redemption Credit" charge and why it appears on your credit card statement.

First seen on May 3, 2012, Last updated on September 25, 2018

What is it?

For Chase, this represents a credit to your account when you have redeemed accumulated points and used them as a payment to your account. Known from personal experience.

posted 06/24/2018 by Samsa PDX

Can you help? What is this charge?

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Also Appears on Statements As

  • CHKCARDRedemption Credit
  • CHECKCARD Redemption Credit
  • POS Debit Redemption Credit
  • POS PUR Redemption Credit
  • POS PURCH Redemption Credit
  • POS PURCHASE Redemption Credit
  • POS REFUND Redemption Credit
  • PRE-AUTH Redemption Credit
  • PENDING Redemption Credit
  • Visa Check Card Redemption Credit MC
  • Misc. Debit Redemption Credit
  • CHKCARD Redemption Credit