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What does cash back facility mean for credit card?

Updated: 9/26/2023
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TomMooregp4101

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7y ago

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Yes, most of the banks offer cash back facility as a credit card benefits. It basically means that you get discounts on purchases and utilities.

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Q: What does cash back facility mean for credit card?
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Related questions

Which credit card that can provide me cash back facility?

Some of the banks have cash back facility as one of their credit card benefits based on a percentage return for goods bought using teh card. Other offer money off facilities for products or services as a user incentive


How can one apply for a cash-back credit card?

There are many ways in which one would be able to apply for a cash-back credit card. One would be able to apply for a cash back credit card on sites such as "Credit Cards".


Can you get cash back with a credit card?

no


What are the top cash back credit card companies?

If you are looking for a credit card that gives you cash back on your purchases you should think about getting a Discover card. Depending on your credit score they give you different rates of cash back.


What is a credit card perk A. college points B. miles C. balance transfer D . cash back?

A credit card perk is cash back.


What is a good business cash back credit card?

The best cash back business credit card is probably the Citi Dividend platinum card. Blue cash preferred by American express is also a good card to check out.


How does a cash back business credit card work?

A cash back credit card is used as a normal credit card. The difference is that when one makes qualifying purchases, a certain percentage of the purchase is returned to the cardholder.


Where can one get a cashback credit card?

One can get a cash back credit card at many banks. Capital One offers their members a cash back credit card that gives them points towards any purchase.


Where can I get information about a cash back business credit card?

You can get information about a cash back business credit card on the card's website on the internet or by calling the number on the back of the card. You can purchase hotels, gas, food, and many more.


What is the best credit card out there that pays you cash back?

The best cash back credit card right now is the Chase Freedom card because it gives you an extra $50 for free! See the explanation of it here: http://www.onemillionbucks.net/2008/09/best-cash-back-credit-card-chase.html


What kind of benefits does a cash back credit card offer?

A cash credit card, or a cash back credit card, offers the benefit of receiving a percentage of your spending back in the form of cash. Typically, a cash back card offers between 1% and 5% cash back on all purchases, though some cards offer higher rates for specific categories of spending, like groceries or travel. The cash back you earn is usually applied as a statement credit or deposited into your bank account at the end of each billing cycle. Cash back cards also usually offer some other benefits, like purchase protection, extended warranties, and travel insurance.


Is Cash back a credit card perk?

Yes.