Finance Blog

Importance of understanding cash back reward system

Before choosing a cash back credit card it is important to understand the cash back reward system which differs from bank to bank. Normally, cash back rewards sound enticing and can help consumers save some amount on credit card purchases with credit card. At the same time it is imperative to properly understand the restrictions and qualifications to avail the cash back advantage. One must know the purchase categories like gas stations, drugs or grocery stores and percentage of cash back accrued to them.

We at Maybank clearly spell policies of cash back credit cards to our cardholders so that they may use our best cash back credit cards without any element of doubt.

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