Debit Card for Cashbacks

Many of us rely on debit cards for everyday purchases, but did you know you can earn cashbacks simply by swiping your plastic? Debit card cashback programs offer a fantastic way to stretch your budget and get rewarded for your spending. Let's explore how debit card cashback works, explore its potential benefits, and uncover strategies to maximise your rewards. 

What is a debit card cashback? 

Debit card cashback is a reward program where a percentage of the money spent using your debit card is returned to you as cashback. This cashback can be a flat rate on all purchases or vary based on specific categories, like groceries, fuel, or dining.  

This benefit encourages cardholders to use their debit cards for various transactions, adding value to everyday spending. 

Top 10 avenues to use debit card cashbacks 

• Groceries: Stock up on essentials and earn cashback on your everyday supermarket purchases. 
• Petrol Stations: Fill up your tank and see some of that money come back to you. 
• Dining Out: Treat yourself to a restaurant meal and get rewarded for indulging. 
• Online Shopping: Earn cashback on your online purchases, from clothes to electronics. 
• Bill Payments: Pay your utility bills and phone charges while earning cashback. 
• Charity Donations: Support your chosen charities while earning cashback on your donations. 
• Online Subscriptions: Pay for streaming services, software subscriptions, or online memberships with cashback rewards. 
• Bill Payments: Consolidate bill payments and earn cashback on essential services like utilities and internet. 
• Entertainment: Enjoy movies, concerts, or streaming services with cashback rewards. 
• Travel: Book flights, hotels, and travel essentials with a cashback debit card. 

How to collect debit card cashback 

• Choose a Cashback Debit Card: Research debit cards with attractive cashback programs that align with your spending habits. 
• Activate Your Rewards: Ensure your cashback program is activated to start earning rewards on your purchases. 
• Use Your Debit Card: Swipe your debit card for everyday purchases to accumulate cashback. 
• Track Your Earnings: Many cards offer online portals or mobile apps to monitor cashback accumulation.

Remember that the cashback is usually automatically credited to your account but read each offer's terms and conditions to ensure eligibility.

How to make the most debit card cashback 

• Maximise Category Cashback: Focus on spending in categories with higher cashback percentages. 
• Combine with Other Rewards: Utilize loyalty programs at stores you frequent to stack up rewards. 
• Plan Your Spending: Strategize your shopping to maximise cashback opportunities.

In addition, be mindful of any annual fees associated with the debit card for earning cashback to make smart purchases to increase your rewards. 

Endnote: Choose the Right Cashback Debit Card 

With many debit card cashback programs available, selecting the right one is crucial. Consider your spending habits, preferred cashback categories, and associated fees to find the card that optimises your rewards potential. 811 Debit Card by Kotak811 is one such card that offers attractive cashback and exclusive deals on several popular brands.  

FAQ 

Can you get cashback on a debit card? 

Yes, many debit cards offer cashback rewards for eligible purchases, returning a percentage of your spending. 

Is cashback free money? 

While it feels like free money, but it’s not. Debit card cashback is a reward for your spending and often comes with terms and conditions. 

Is cashback a refund? 

No, cashback is not a refund; it's a reward for making purchases and not returning items.