Money refunded to your account is not considered a payment or a partial payment toward your credit card — which means you’ll still need to make at least the minimum payment on your balance when it comes due. You may also need to keep an eye on your credit card interest, since any interest you may have accrued on the purchase is unlikely to be refunded. If you are still within your credit card’s grace period, you may be able to avoid interest by paying off your statement balance in full.