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Pros And Cons Of Cashback Credit Cards
Manage episode 341903863 series 3390705
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Cashback is a popular incentive offered by many credit card companies. Users can participate in a rewards programme called cashback to receive a portion of their spending back on purchases. In India, there are various cashback credit cards that are easily accessible, and the bulk of them offer extra benefits on particular kinds of transactions.
For more information read: https://prabh-singh.blogspot.com/2022/09/pros-and-cons-of-cashback-credit-cards.html
Following are the advantages and disadvantages of Cashback Credit Cards:
Advantages of Cashback Credit Card:
- Shopping benefits: If you are a frequent buyer then cashback credit cards offer you many advantages.
- Easy to understand: It is very simple to understand. India has a wide range of cashback credit cards, the most of which provide additional rewards on specific types of transactions.
Disadvantages of Cashback Credit Card:
- Limit to Cashback: There are many criteria that need to be followed to be eligible for cashback on regular or special purchases.
- Expiration of Cashback: If you do not use your cashback on time then your cashback can expire.
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