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Cash-back
01
money that a person can get in cash when buying something from a store with their debit card, which is then added to the bill they are paying
Example
The online retailer offers cash-back incentives for referring friends to their website.
The store advertised a cash-back promotion for customers who spent a certain amount during the holiday season.
Many banks offer cash-back bonuses for opening a new account or meeting certain requirements.
I opted for cash-back at the checkout counter instead of using my debit card to withdraw money from the ATM.
The credit card offers cash-back rewards for every purchase made, providing a percentage of the total amount spent back to the cardholder.
