Nowadays, the use of financial services is very popular. Among them, we can distinguish banking services, insurance and investments. Many people also opt for credit cards, which allow us to pay for purchases without cash. Recently, the money back service has become increasingly popular. What is it and what does it consist of?
What is money back? Definition of the term
Moneyback (or cashback), is nothing more than a refund for purchases made. It is a service that is available from many banks and insurance companies. In order to use this service, you must have a personal account at a particular bank and a credit cardor debit card. It is also worth remembering that money back offers can vary from bank to bank. Most often, in order to receive money back, certain conditions must be met. The most common is to make a certain number of non-cash transactions within a month. Some banks also offer money back on certain purchases. So it is worth carefully checking the money back offer of a particular bank. Money back service is an excellent way to save money. Thanks to it, we can get money back for purchases we have made. This is a service that is available from many banks and insurance companies. In order to use this service, you need to have an account at a particular bank and a credit or debit card. It is also worth remembering that cashback offers may vary from bank to bank.
How does money back work?
Money back is nothing more than a refund of the money you spend on purchases. It can be obtained in two ways: – through credit or debit cards (in the form of a percentage of the total or amount of purchases), – through special loyalty programs offered by online stores (as points or money). To get money back, all you have to do is sign up for a loyalty program or choose a credit/debit card with such an option. Then all you have to do is remember to make purchases using the chosen payment method. The money is automatically returned to your bank account or wallet in the loyalty program. Money back is a great option for people who like to save money. It allows you to save up to several hundred zlotys a year.
Money back rates in Poland
There are several money back programs in Poland, and money back rates, vary. The most popular program is Blue Cashback, which operates under Blue Media SA. Blue money back, offers its customers a cashback of 2% of the value of their purchases. To receive the money back, you must make purchases on the Blue Media website or app. After making purchases, send back the receipt or invoice to Blue Media. The money will be paid to your bank account within 30 days.
Money back – is it worth it?
Money back is such a bonus that you can receive in the form of a refund for purchases made. Is it worth using such an option? Definitely yes! Money back is a great way to save money. It allows you to return part of the money you spent on purchases. This is especially useful if you shop frequently in one place. In that case, you can collect quite a large bonus, which will pay off.
Remember, however, that not every store offers cashback. Before you make purchases, make sure that the place accepts it. You can do this, for example, through the cashback website. Overall, moneyback is a great option for people who want to save money. It allows you to refund some of the money for purchases you make. So if you buy frequently from one place, using money back can be very worthwhile.
