Cashback - what is it? The meaning of a word, definition, origin, translation


Cashback is a kind of customer encouragement , a kind of loyalty program that banks conduct together with credit companies such as Visa or MasterCard.

The word Cashback consists of Cash and Back . That is, we get a "cash return". The essence of this type of incentive is that for every X rubles spent on purchases on the card, the credit organization returns Y rubles to you in the form of a bonus for using your card.

Cashback is not always given out in cash , and often - points and coupons to buy at one particular store.

Cashback is in the list: Finance

You learned where the word Cashpack came from in simple words, its translation and meaning.
Please share the link "What is Cashback?" With your friends:

© 2018-2023 Site of new and well-forgotten words
Add word | Help the project