Many users often overlook billing details until an unexpected charge arises, such as an automatic subscription renewal. This guide aims to clarify how IG refunds work, outlining eligibility criteria and the steps necessary to swiftly request your money back. Whether you're new to the platform or just need a refresher, you'll find all the information you need to navigate the refund process with confidence.
What You Should Prepare Before Applying For Refund
Order Number: Ensure you have your unique order number associated with your purchase from IG.
Transaction ID: Locate your transaction ID from your payment confirmation email, as this will be necessary for tracking your refund request.
Account Information: Have your IG account details ready, including the email address linked to your account and your username.
Proof of Purchase: Gather any receipts or invoices received at the time of purchase, which can help verify your transaction.
Reason for Refund: Clearly articulate your reason for the refund request to ensure it meets IG's policies.
Cancellation Confirmation: If applicable, include confirmation of any cancellations made through IG prior to the refund request.
Contact Records: Keep any correspondence with IG regarding your transaction, as this can support your claim.
Payment Method Details: Have the last four digits of the payment method used ready for reference, as IG may ask for this information.
How Long Does it Take to Get a Refund?
Payment method
How long it takes*
Credit/Debit Card
3-5 working days
Bank Transfer
2-7 working days
PayPal
1-3 working days
Skrill
1-3 working days
*Working days are Monday to Friday, and don't include public holidays.
What are my Rights? Am I eligible for a Refund from IG
At IG, we strive to provide our users with comprehensive trading services and experiences. Understanding eligibility for refunds is important for our users and can be influenced by various account circumstances. Users may find themselves eligible for a refund under specific conditions related to their account and service usage.
Account Setup Inactivity: If an account has been inactive for a defined period, users may qualify for a refund for any funds left unused in their account.
Service Downtime: In instances where users experience extended periods of service downtime, they might be eligible for a refund or compensation for the disruption in services.
Fees for Services Not Used: If users are charged for services that they did not utilize, they could apply for a refund related to those specific charges.
Subscription Adjustments: Users who adjust their subscription tiers may have eligibility for a refund on the prorated amount of their previous subscription level, depending on the specific terms of the new plan.
Promotional Credit Issues: If users encounter issues with promotional credits or bonuses that were advertised and not applied correctly, they may inquire about potential refunds tied to those credits.
These scenarios are representative of situations where users might find themselves eligible for a refund. It is always advisable to review specific terms and conditions related to services to gain a clear understanding of individual eligibility.
Step-by-Step Process to Request Your IG Refund Like a Pro
Navigate to the Account Settings by clicking on your profile icon.
Select Membership from the menu options.
Locate the Order History section.
Find the transaction related to your membership or subscription.
Click on the Request Refund button associated with that transaction.
In the message box, mention that the subscription renewed without notice.
Submit the request and wait for confirmation via email.
If you purchased through Apple:
Open the Settings app on your device.
Tap on your Apple ID at the top.
Select Subscriptions.
Find and select your IG subscription.
Tap on Report a Problem.
Choose the reason for your refund request—select “Did not mean to purchase”.
In the description, emphasize that the account was unused or clarify that you did not intend to renew.
Submit your request through the provided interface.
If you purchased through Google Play:
Open the Google Play Store app.
Tap on your profile icon in the top right corner.
Select Payments & subscriptions.
Choose Subscriptions.
Find your IG subscription and tap on it.
Scroll down and select Report a Problem.
Indicate that your issue is about a subscription renewal.
Mention that you wish to get a refund because the account was unused.
Follow the prompts to submit your refund request.
If you purchased through Roku:
Go to the Roku website and sign in to your account.
Navigate to the Your Account section.
Select Manage Your Subscriptions.
Find the IG subscription on the list.
Click on Access the Subscription option.
In the details, look for a Request Refund option.
State that the subscription renewed without notice.
Submit your request for a refund through the available options.
Disclaimer
Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.
The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.
Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.
Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.
Get help with your refund
"This app saved me $127 in minutes"
Draft email to IG for Refund
Script
Copy
Subject: Refund Request – IG Account [Your Email]
Dear IG Support Team,
I hope this message finds you well.
[describe reason]
I would like to request a refund in the amount of [Amount].
Please find the attached documentation for your reference.
I kindly request confirmation of this refund request within 3-5 business days.
Thank you for your attention to this matter.
Sincerely, [Your Name] [Your Phone Number]
Common refund statuses
Status
Meaning
What It Means for You
Pending
Your refund request has been received but is awaiting approval.
Please allow up to 3 business days for the status to update.
Processing
The refund is currently being processed by our team.
Refunds typically take 5-7 business days to complete from this point.
Refunded
The refund has been successfully issued to your original payment method.
You should see the funds reflected in your account within 3-5 business days.
Partially Refunded
A portion of your order has been refunded.
Check your statement for the refunded amount; you will still receive the product/service.
Completed
The refund process has been finalized.
Your account reflects all applicable refund amounts.
Canceled
The refund request has been canceled at your request or by our team.
If you believe this was an error, please contact customer support.
Real User Scenarios: When and How Refunds Were Successfully Claimed
Real User Scenarios: When and How Refunds Were Successfully Claimed
Scenario 1: A user accidentally upgraded their IG subscription plan while exploring new features. After realizing that the upgrade was unintentional, they contacted IG support within 24 hours of the upgrade and received a full refund for the difference in cost. IG's customer service promptly processed their request after confirming the user had not utilized any upgraded features.
Scenario 2: A user subscribed to IG for a specific project but completed their work sooner than expected. When they decided to cancel their subscription early, they reached out to IG support and inquired about the unused portion of their subscription fees. The team reviewed the account status and successfully issued a refund for the unused days, ensuring a smooth cancellation process.
Scenario 3: A user experienced a temporary service interruption during a critical phase of their project. After reporting the issue to IG, they were informed that the outage affected several users. IG promptly credited their account for the downtime, providing a refund for the subscription period during which the service was unavailable.
Scenario 4: A user purchased a premium feature on IG but later realized that it wasn’t suitable for their needs. They contacted customer support shortly after the purchase and explained their situation. IG responded positively and issued a refund for the feature, allowing the user to revert to their original settings without any issues.
The Easiest Way to Get a IG Refund
If you're frustrated trying to get a refund from IG—or if you didn't even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. No more waiting on hold or navigating confusing help pages. Just connect your bank or card account, and we'll take care of the rest.
How to Track Your Refund Status Efficiently
Tracking your refund status on IG is straightforward when you know where to look and what to expect. Here are some efficient tips to help you stay updated on your refund progress:
Email Notifications: Keep an eye on your inbox! IG sends refund status updates via email, so check for messages with the subject line "Your Refund Status Update" to get the latest information.
In-App Notifications: For users who prefer the mobile experience, make sure to enable in-app notifications. IG sends instant updates to your phone when your refund status changes.
Account Dashboard: Log into your IG account and navigate to the Account Dashboard. Here, you can find detailed information under the Billing or Order History sections, where all your transactions and refund requests are listed.
Order History: Check your Order History for a complete overview of your past purchases and the current status of any refunds. Look for entries marked as "Refunded" for clarity on your transactions.
Refund Progress Details: When checking your refund status, IG provides updates on whether your refund is "Pending," "Approved," or "Completed," along with estimated timelines for when you can expect to see the funds in your account.
Help Center Resources: If you need more information, visit IG's Help Center. They offer comprehensive articles and FAQs about the refund process, including specific details tailored for merchants.
FAQ
If you forget to cancel your subscription before the renewal date, unfortunately, refunds for that charge may not be available. It's important to review the cancellation policy and consider setting reminders for future cancellations to avoid this situation. We're here to help if you have any further questions about your account.
Refunds typically take 5 to 7 business days to process after they have been initiated. However, the exact time can vary based on your bank or financial institution's processing times. You can check your account to see if the refund has appeared.
If you see a charge but do not have an active subscription, please check your purchase history through the app or website to ensure there are no recent transactions. If you still have questions, contact customer support for assistance in reviewing your account and understanding the charge.
If you're unable to secure a refund directly from IG, consider reaching out to their customer service again for further assistance. You may also explore escalating your concern within IG's support system to ensure your issue receives adequate attention. Additionally, reviewing your account details and any relevant policies might provide more clarity on your situation.
If IG refuses to issue a refund, it's advisable to carefully review their refund policy to ensure you understand the criteria for eligibility. You may also consider reaching out to their support team again for further clarification on your request. Additionally, double-check your account details to confirm compliance with their refund guidelines.
Chargeback and the Chargeback trademarks used herein are trademarks or registered trademarks of Chargeback and its affiliates. The use of any other trade name, copyright, or trademark is for identification and reference purposes only and does not imply any association with the copyright or trademark holder of their product or brand. Other product and company names mentioned herein are the property of their respective owners.
¹ Total savings is calculated based on internal annualized estimates of savings for customers. ² Average requests times may vary depending on volume of requests
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