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cash-back
/ˈkæʃbæk/noun
- 1. denoting a form of incentive offered to buyers of certain products whereby they receive a cash refund after making their purchase.
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Cashback may refer to: Cashback (film), two films directed by Sean Ellis. Cashback reward program, a small amount paid to a customer by a credit card company for each use of a credit card. Cashback website, a site where customers can earn cash rebates on online purchases that they make.
Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase.
A cashback website is a type of reward website that pays its members a percentage of money earned when they purchase goods and services via its affiliate links. [1] [2] [3] [4]
There’s a good place for a no-annual-fee 2 percent cash back card in every wallet, whether it’s the card you pull out for every purchase or part of a mix-and-match strategy. Have a question ...
Cash back: A rewards checking account can put money back in your pocket each month when you make purchases using a debit card.
Through EBT, a recipient uses their EBT card at participating retailers to purchase food items authorized by the USDA's SNAP program. Cash benefits may be used to purchase any item at a participating retailer, as well as to obtain cash-back or make a cash withdrawal from a participating ATM.
Rewards-based credit card products like cash back are more beneficial to consumers who pay their credit card statement off every month. Rewards-based products generally have higher annual percentage rates .
A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.
Mortgage cashback. Some mortgage lenders, particularly in the United Kingdom, give a one-off lump sum payment to new borrowers at the beginning of a mortgage. Called cashback, this lump sum is often marketed as free cash, but it is in fact funded by the mortgage interest paid by the borrower.
A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that, if a buyer is not satisfied with a product or service, a refund will be made.