Cashback definition

Cashback means the option available from certain Retailers where, in addition to the purchase of goods or services, you can make a cash withdrawal by way of cashback.
Cashback means the service available to a Cardholder from certain Retailers by which a Cardholder may, at the time of and in addition to the purchase of goods and/ or services, obtain cash subject to the limit as set out in Condition 11(a) of the Card Conditions which may be changed from time to time.

Examples of Cashback in a sentence

  • Account Closure Free Cashback in Store Free * The various limits described in this document may restrict the total deposited amount in any given month.


More Definitions of Cashback

Cashback means an amount in AED, earned on Qualifying Transactions at rates decided by the Bank from time to time at its absolute discretion.
Cashback means the service available to a Cardholder from certain Retailers by which a Cardholder may, at the time of and in addition to the purchase of goods and / or services, obtain cash subject to the limit as set out on our Website.
Cashback means an accrued amount earned on Qualifying Transactions at rates decided by the Bank from time to time at its absolute discretion; and which may be credited to the Primary Account on application by the primary Cardholder.
Cashback means an accrued amount having monetary value earned on Cashback Transactions at rates and percentages determined by RAKBANK from time to time at its sole discretion, which may be credited to the Primary Cardholder’s Account and upon the Cardholder claiming such Cashback from RAKBANK as per the terms & conditions stipulated herein. In the event that the Cardholder does not claim Cashback from RAKBANK within the validity period as notified by RAKBANK, he/she shall forfeit the same upon expiry of such period.
Cashback means CashBack earned based on pre- defined Spend amount tiers.
Cashback means a cashback which is available to Cardholder under this Program.
Cashback means the redemption of Points for a credit to your Account, reducing your outstanding balance.