It will return to the method of payment you used.

Click the link and it will show you which payments methods are supported for you.

https://steamhost.cn/steam_refunds_methods

Originally posted by Lesbian Springtrap:

HI HELLO . I recently preordered a game, and was wondering if i were to refund the money -- would it go to my steam wallet or towards my bank? I didnt purchase it with steam wallet funds so i was just curious.

There's always the possibility that you haven't been charged anything until after the game actually launches. I haven't done a lot of steam preorders, but other companies sometimes do it that way.

But for steam refunds, typically, they ask you if you would want the refund to be store credit or to have it charged back to your original payment method.