diff --git a/History.txt b/History.txt
index 54a758fa..eab27823 100644
--- a/History.txt
+++ b/History.txt
@@ -1,3 +1,8 @@
+=== 1.15.0 2014-07-26
+
+* 1 major enhacement:
+  * Application Fee refunds now a list instead of array
+
 === 1.14.0 2014-06-17
 
 * 1 major enhancement:
diff --git a/VERSION b/VERSION
index 850e7424..141f2e80 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.14.0
+1.15.0
diff --git a/lib/stripe.rb b/lib/stripe.rb
index 2fc23ce8..21e9263f 100644
--- a/lib/stripe.rb
+++ b/lib/stripe.rb
@@ -39,6 +39,7 @@ require 'stripe/card'
 require 'stripe/subscription'
 require 'stripe/application_fee'
 require 'stripe/refund'
+require 'stripe/application_fee_refund'
 
 # Errors
 require 'stripe/errors/stripe_error'
diff --git a/lib/stripe/application_fee_refund.rb b/lib/stripe/application_fee_refund.rb
new file mode 100644
index 00000000..b2836674
--- /dev/null
+++ b/lib/stripe/application_fee_refund.rb
@@ -0,0 +1,14 @@
+module Stripe
+  class ApplicationFeeRefund < APIResource
+    include Stripe::APIOperations::Update
+    include Stripe::APIOperations::List
+
+    def url
+      "#{ApplicationFee.url}/#{CGI.escape(fee)}/refunds/#{CGI.escape(id)}"
+    end
+
+    def self.retrieve(id, api_key=nil)
+      raise NotImplementedError.new("Refunds cannot be retrieved without an application fee ID. Retrieve a refund using appfee.refunds.retrieve('refund_id')")
+    end
+  end
+end
diff --git a/lib/stripe/refund.rb b/lib/stripe/refund.rb
index 68fd7ac7..86385b31 100644
--- a/lib/stripe/refund.rb
+++ b/lib/stripe/refund.rb
@@ -1,6 +1,7 @@
 module Stripe
   class Refund < APIResource
     include Stripe::APIOperations::Update
+    include Stripe::APIOperations::List
 
     def url
       "#{Charge.url}/#{CGI.escape(charge)}/refunds/#{CGI.escape(id)}"
diff --git a/lib/stripe/util.rb b/lib/stripe/util.rb
index e9416df0..42b0ce21 100644
--- a/lib/stripe/util.rb
+++ b/lib/stripe/util.rb
@@ -32,7 +32,8 @@ module Stripe
         'subscription' => Subscription,
         'list' => ListObject,
         'refund' => Refund,
-        'application_fee' => ApplicationFee
+        'application_fee' => ApplicationFee,
+        'fee_refund' => ApplicationFeeRefund
       }
     end
 
diff --git a/test/stripe/application_fee_refund_test.rb b/test/stripe/application_fee_refund_test.rb
new file mode 100644
index 00000000..c8fca9cd
--- /dev/null
+++ b/test/stripe/application_fee_refund_test.rb
@@ -0,0 +1,47 @@
+require File.expand_path('../../test_helper', __FILE__)
+
+module Stripe
+  class ApplicationFeeRefundTest < Test::Unit::TestCase
+    should "refunds should be listable" do
+      @mock.expects(:get).once.returns(test_response(test_application_fee))
+
+      application_fee = Stripe::ApplicationFee.retrieve('test_application_fee')
+
+      assert application_fee.refunds.first.kind_of?(Stripe::ApplicationFeeRefund)
+    end
+
+    should "refunds should be refreshable" do
+      @mock.expects(:get).twice.returns(test_response(test_application_fee), test_response(test_application_fee_refund(:id => 'refreshed_refund')))
+
+      application_fee = Stripe::ApplicationFee.retrieve('test_application_fee')
+      refund = application_fee.refunds.first
+      refund.refresh
+
+      assert_equal 'refreshed_refund', refund.id
+    end
+
+    should "refunds should be updateable" do
+      @mock.expects(:get).once.returns(test_response(test_application_fee))
+      @mock.expects(:post).once.returns(test_response(test_application_fee_refund(:metadata => {'key' => 'value'})))
+
+      application_fee = Stripe::ApplicationFee.retrieve('test_application_fee')
+      refund = application_fee.refunds.first
+
+      assert_equal nil, refund.metadata['key']
+
+      refund.metadata['key'] = 'valu'
+      refund.save
+
+      assert_equal 'value', refund.metadata['key']
+    end
+
+    should "create should return a new refund" do
+      @mock.expects(:get).once.returns(test_response(test_application_fee))
+      @mock.expects(:post).once.returns(test_response(test_application_fee_refund(:id => 'test_new_refund')))
+
+      application_fee = Stripe::ApplicationFee.retrieve('test_application_fee')
+      refund = application_fee.refunds.create(:amount => 20)
+      assert_equal 'test_new_refund', refund.id
+    end
+  end
+end
diff --git a/test/test_helper.rb b/test/test_helper.rb
index 1917caa3..e80106ee 100644
--- a/test/test_helper.rb
+++ b/test/test_helper.rb
@@ -71,20 +71,34 @@ def test_balance_transaction_array
 end
 
 def test_application_fee(params={})
+  id = params[:id] || 'fee_test_fee'
   {
     :refunded => false,
     :amount => 100,
     :application => "ca_test_application",
     :user => "acct_test_user",
     :charge => "ch_test_charge",
-    :id => "fee_test_fee",
+    :id => id,
     :livemode => false,
     :currency => "usd",
     :object => "application_fee",
+    :refunds => test_application_fee_refund_array(id),
     :created => 1304114826
   }.merge(params)
 end
 
+def test_application_fee_refund(params = {})
+  {
+    :object => 'fee_refund',
+    :amount => 30,
+    :currency => "usd",
+    :created => 1308595038,
+    :id => "ref_test_app_fee_refund",
+    :fee => "ca_test_application",
+    :metadata => {}
+  }.merge(params)
+end
+
 def test_application_fee_array
   {
     :data => [test_application_fee, test_application_fee, test_application_fee],
@@ -93,6 +107,14 @@ def test_application_fee_array
   }
 end
 
+def test_application_fee_refund_array(fee_id)
+  {
+    :data => [test_application_fee_refund, test_application_fee_refund, test_application_fee_refund],
+    :object => 'list',
+    :url => '/v1/application_fees/' + fee_id + '/refunds'
+  }
+end
+
 def test_customer(params={})
   id = params[:id] || 'c_test_customer'
   {