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The answer is, it'll take as long as it takes.
Edit: Also, even if you miss the Steam sale window, know that The Witcher 3 goes on sale at GOG all the time.
IMO the key to a quick refund is 1) meet the 2 hour max playtime and the 14d limit to request
and 2) pay with a credit card and have the refund refunded to your wallet and not the credit card.
And yet Steam support still hasn't responded to my refund request. Been 2 days already :(
One slight problem though. When I requested for the refund, I chose for it to be refunded to my Steam wallet, and not the original payment method, which was through my bank account. But now they're telling me to wait 5-7 business days for the funds to be posted back to my account. I specifically chose the Steam wallet option to avoid waiting but it seems like they overlooked that detail as well..
Also, I feel better knowing I dont have a credit card number online that someone could get a hold of.
It also is good for self-discipline, I can't 'splurge' at 3 am because there is a sale and I have a credit card... I have to really want XYZ game(s), and thus it will be worth my while to go across the street to the convenience store when they open at 8am, to buy a steam gift card (and its another reason for me to get out of the house for fresh air, and walk the doggo :-) )
That is a really good idea.