![]() ![]() So you could get a different cashback rate when you go to the supermarket compared with a department store, for example. Some vary their rate depending on how much – and where – you spend your money. Some entice you with higher introductory rates and level off at a lower rate after a period others stick to the same rate all the time. How much you get back depends on the lender. If you spent £200 in a department store, for example, you’d get £4 back as part of the deal. Let’s say your card gives you 2% back in certain shops. When you get it back depends on the type of card you have, but it could be monthly, quarterly or annually. (This might be confusing as sometimes a retailer will ask if you would like to get some physical cash back with your purchase, but we're referring to the reward version in this article.) Cashback from your credit cardĪ cashback credit card gives you a percentage of what you’ve spent back to you as credit. The deal goes like this: you spend money and get a percentage back from the provider. ![]() You might want to use it because it could essentially be free money. Here’s how cashback works – and how you might make the most of it.Ĭashback is basically a reward for spending money, whether that reward is coming from a card in your wallet, an online site or straight from your bank. Cashback cards and websites give you some money back in your pocket as a reward for your everyday spending. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |