Know About
Cashback Credit Cards
Cashback is a type of financial reward offered primarily through credit cards, debit cards, or specific promotions, where a percentage of the money you spend is returned to you in the form of a cash reward. It’s a popular way to incentivize consumers to spend money on certain products, services, or brands while also providing them with an opportunity to earn something back from their purchases.
In this guide, we’ll explore how cashback works, the different types of cashback rewards, how to maximize the benefits, and common cashback offers.
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how it works
Cashback rewards work by giving you a percentage of your spending back as a reward. The amount you earn can depend on the type of transaction, the specific category of purchase, and the terms of your card or account. Cashback rewards are usually credited to your account either as a direct deposit or as a statement credit. Some programs may even allow you to redeem rewards for gift cards or other types of redemption.
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Eligibility to Apply
To apply for a Credit Card
- You will need to be minimum 18 years of age.
- For salary person net annual income of Rs 4.5 lakh or more
- Consider a credit score between 750 and 900 to be adequate for a Credit Card.
- Location is also another factor
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Fees & Charges
To apply for a Credit Card
- For salary person net annual income of Rs 4.5 lakh or more
- You will need to be minimum 18 years of age.
- Consider a credit score between 750 and 900 to be adequate for a Credit Card.
- Location is also another factor