How cashback works?

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I don’t even know where to start with this: I don’t understand it at all.

It’s obviously not free money.

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16 Answers

Anonymous 0 Comments

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Anonymous 0 Comments

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Anonymous 0 Comments

$40 cashback.

They charge you 40 to your bank, they hand you 40 in cash.

Same thing as a withdraw, or using the atm in principle

Anonymous 0 Comments

$40 cashback.

They charge you 40 to your bank, they hand you 40 in cash.

Same thing as a withdraw, or using the atm in principle

Anonymous 0 Comments

Then you use your credit card the merchants pays some percentage of the amount to the credit card processor. They do this because they believe they will get more business if they accept credit cards. Some credit card pass some of these frees back to the card holder to incentive the use of the card.

Anonymous 0 Comments

Then you use your credit card the merchants pays some percentage of the amount to the credit card processor. They do this because they believe they will get more business if they accept credit cards. Some credit card pass some of these frees back to the card holder to incentive the use of the card.