The phrase "cashback rate" refers to the percentage of money a person receives back from their purchase as a refund or rebate. It represents the amount of cash the individual can reclaim from their total spending. Full definition
Two of the best are the nice sign - up bonus and the higher - than - average cashback rates for common spending categories. (rewardexpert.com)
Some banks offer cashback rate on all purchases, while others offer higher rates on specific spending categories, and lower rates on everything else. (ecomparemo.com)
The best way to maximize your return is to choose a credit card that offers a high cashback rate and combining that with the right online shopping portal. (rewardexpert.com)