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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

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9y ago

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What does cash back facility mean for credit card?

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.


Can you pay someone you know with a credit card?

If they have a credit card facility yes


Where can I find corporate credit cards?

Corporation Bank has introduced its own Credit Card facility, called CorpBank. The CorpBank Credit Card has been specially designed to provide your business with the conveniences and privileges you come to expect.


What happens if you return something you bought with a credit card?

When you return something you bought with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This can help reduce your credit card balance or provide you with a credit for future purchases.


Can you purchase an item with a credit card and then return it for cash?

No, you cannot typically purchase an item with a credit card and then return it for cash. Most stores will only refund the amount back to the credit card or provide store credit.


What is the primary function of the Term Asset-Backed Securities Loan Facility?

Provide funding support for collateralized securities such as student, auto, and credit card loans.


What is the difference between a charge card and a credit card?

Charge card and credit card offers you a facility to spend a certain amount and at the end of the month you can pay a specific minimum amount and revolve your credit for the next month by paying some interest on the remaining amount that is still to be paid and remains out standing. Charge card offers you a facility that the amount spent will be directly debited from your account and you can not revolve the credit. Charge card is a facility provider which is given to their costomer to make their payment behalf of the costumer


How can I cancel my Amazon credit card?

To cancel your Amazon credit card, you can contact the customer service number on the back of your card and request to close the account. Be prepared to provide your account information for verification purposes.


Where is the vip code on a credit card?

The VIP code on the credit card is located at the back of the credit card.


Where do you sign the back of a credit card?

You should sign the back of a credit card on the signature strip.


Can the company please provide a picture of the credit card for verification purposes?

The company can provide a picture of the credit card for verification.


Where do you sign on the back of a credit card?

You should sign on the back of a credit card in the designated signature panel.