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Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase.
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back.
Debit cards can also allow instant withdrawal of cash, acting as the ATM card, and as a cheque guarantee card. Merchants can also offer "cashback"/"cashout" facilities to customers, where a customer can withdraw cash along with their purchase. Merchants usually do not charge a fee for purchases by debit card. Charge card
Debit cards and credit cards are creative terms used by the banking industry to market and identify each card. From the cardholder's point of view, a credit card account normally contains a credit balance, a debit card account normally contains a debit balance.
Cashback website, a site where customers can earn cash rebates on online purchases that they make. Debit card cashback, cash that shoppers receive along with their goods when paying by debit card. Mortgage cashback, a lump sum given to a new borrower at the beginning of a mortgage term.
The card features a 3% cash back return on purchases, as well as a 3% APY towards a customer's savings account. Green Dot Prepaid Card & Cash Back Debit Card. The Cash Back Debit Card is available online and in many stores, including CVS Pharmacy, Kmart, 7-Eleven and Walgreens while the prepaid card is only available in stores.