store credit
nounUK /ˈstɔː ˌkrɛd.ɪt/
US /ˈstɔːr ˌkrɛd.ɪt/
Store credit is money a shop gives you back to spend there later instead of cash.
She returned the shoes and got store credit to buy a new pair.
OTHER MEANINGS
2. A record of money owed to a customer by a particular retailer, usable only at that retailer.
The store keeps your credit on file for one year.
3. An amount added to a customer's account after a return or overpayment.
We added store credit to your account after the overpayment.
4. A non-cash balance that can be applied toward future purchases at the same business.
You can use your store credit online or in person.