Finance

A Detailed Study On Cash Back

Every individual likes getting a discount on the things they buy. Many online and offline stores collaborate with the companies issuing credit card facilities to the people who use their cards. The rebate offered depends on the company, which makes the terms and conditions and puts it in front of the customers. The requirements to avail cash back are usually mentioned on the website whenever an individual is buying something or is informed earlier by the shop’s attendants when they go to the market.

How does the process of rebate work?

The process of rebates follows a very simple procedure. There is a usual 0.3% rebate on buying things from all categories when a person spends up to $499. Further, there is a 5% rebate on shopping between $500 and $799, giving the users a huge option. The biggest cash back is 8%, for which an individual has to spend a minimum of $800 at a time. The other promotions and deals are all mentioned on the website and are updated from time to time. These offers and deals are valid for the people in Malaysia and Singapore only as the credit card is supported in these countries.

So, it is good to buy credit cards that offer these opportunities to their customers to save their money.

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