What happens to my rebates when I request for a refund? February 12, 2022 09:32 Updated The rebates earned for that respective item (s) will be deducted when the refund is processed. Related articles I have transferred some rebates. Can I reverse the transaction? When is my rebate expiring? How much rebates do I have? How do I redeem my rebates? What is V$ Rebate Redemption Program?