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iPhone XIf I trade in my iPhone X at the apple store for credit and I buy a iPhone 11 with both the phone credit and cash. What would happen if I returned it?
Interesting question. My understanding is that if you paid in full cash money and you return it, I'm not sure if they give you the cash back, they normally would send you a check of that refund amount by mail. Never done that before so.
Most likely they may put that refund amount in the gift card. Depending on the apple store, but the apple store near me has a limit of $500 being put in a gift card at one time so I'm not sure how that will work.
Find out how you can return an item, how long the refund process takes, what to do if your invoice is not with your order, and much more.
www.apple.com
However, they also say:
For returns to an Apple Retail Store for cash, cash equivalent, and check transactions over $750, Apple will mail a refund check to you within 10 business days.
which does not necessarily mean the gift card portion will be turned in to cash, imo, as can see Apple not wanting to do that as they want that gift card spent with them.