diff --git a/beancount_chase/checking.py b/beancount_chase/checking.py
index 3e6d8b9..ac069ef 100644
--- a/beancount_chase/checking.py
+++ b/beancount_chase/checking.py
@@ -75,6 +75,8 @@ def _extract_transaction_from_row(self, row, metadata):
         if transaction_description:
             narration = (titlecase.titlecase(transaction_description)
                          if self._title_case else transaction_description)
+        else:
+            narration = None
         if row[_COLUMN_AMOUNT]:
             transaction_amount = self._parse_amount(row[_COLUMN_AMOUNT])
         else:
@@ -129,6 +131,12 @@ def _extract_transaction_from_row(self, row, metadata):
 _INBOUND_TRANSFER_PATTERN = re.compile(
     r'Online Transfer \d+ from (.+?)\s*transaction #', re.IGNORECASE)
 
+_MONTHLY_SERVICE_FEE_PATTERN = re.compile(r'^MONTHLY SERVICE FEE$',
+                                          re.IGNORECASE)
+
+_MONTHLY_SERVICE_FEE_REVERSAL_PATTERN = re.compile(
+    r'^Monthly Service Fee Reversal ', re.IGNORECASE)
+
 
 def _parse_description(description):
     match = _DESCRIPTION_PATTERN.search(description)
@@ -140,6 +148,10 @@ def _parse_description(description):
     match = _INBOUND_TRANSFER_PATTERN.search(description)
     if match:
         return match.group(1), description
-    if description == 'MONTHLY SERVICE FEE':
-        return description, description
+    match = _MONTHLY_SERVICE_FEE_PATTERN.search(description)
+    if match:
+        return description, None
+    match = _MONTHLY_SERVICE_FEE_REVERSAL_PATTERN.search(description)
+    if match:
+        return description, None
     return None, None
diff --git a/beancount_chase/checking_test.py b/beancount_chase/checking_test.py
index 65399f8..9858ce5 100644
--- a/beancount_chase/checking_test.py
+++ b/beancount_chase/checking_test.py
@@ -61,11 +61,29 @@ def test_extracts_monthly_account_fee(tmp_path):
                                       lastfour='1234').extract(f)
 
     assert _unindent("""
-        2023-08-31 * "Monthly Service Fee" "Monthly Service Fee"
+        2023-08-31 * "Monthly Service Fee" ""
           Assets:Checking:Chase  -15.00 USD
         """.rstrip()) == _stringify_directives(directives).strip()
 
 
+def test_extracts_monthly_account_fee_refund(tmp_path):
+    chase_file = tmp_path / 'Chase1234_Activity_20240309.CSV'
+    chase_file.write_text(
+        _unindent("""
+            Details,Posting Date,Description,Amount,Type,Balance,Check or Slip #
+            CREDIT,02/01/2024,"Monthly Service Fee Reversal January 2024",15.00,REFUND_TRANSACTION,2521.99,,
+            """))
+
+    with chase_file.open() as f:
+        directives = CheckingImporter(account='Assets:Checking:Chase',
+                                      lastfour='1234').extract(f)
+
+    assert _unindent("""
+        2024-02-01 * "Monthly Service Fee Reversal January 2024" ""
+          Assets:Checking:Chase  15.00 USD
+        """.rstrip()) == _stringify_directives(directives).strip()
+
+
 def test_doesnt_title_case_if_asked_not_to(tmp_path):
     chase_file = tmp_path / 'Chase1234_Activity_20230919.CSV'
     chase_file.write_text(
@@ -80,7 +98,7 @@ def test_doesnt_title_case_if_asked_not_to(tmp_path):
                                       title_case=False).extract(f)
 
     assert _unindent("""
-        2023-08-31 * "MONTHLY SERVICE FEE" "MONTHLY SERVICE FEE"
+        2023-08-31 * "MONTHLY SERVICE FEE" ""
           Assets:Checking:Chase  -15.00 USD
         """.rstrip()) == _stringify_directives(directives).strip()