Debit Card Cash Back – The Incredible Comeback Of A Debit Card

0 Comments

Are you in the process of deciding whether to get a credit or a debit card for yourself, or for your son or daughter who is going to be leaving town to attend college? In this article I will present three reasons why using a debit card is preferable for most transactions, from a broader perspective of an individual carrying the card, from the perspective of the bank, and from the perspective of the merchant.

When you finish reading, you should have a better feel of what benefits there are for you when you decide to get a new debit or check or bank card, especially a debit card with a cash back built in.

Getting debit card cash back – one of the incentives briansclub cm   for getting a debit card for an individual

The main reason why a consumer would want to use a bank card is because it encourages prudent spending. Short of having an overdraft allowance on your checking account, it becomes impossible to spend more money than is held in your checking account. This simple fact encourages thoughtful spending. It also makes one appreciate more of what one already has in one’s possession.

But now there are more incentives to get a bank card. Banks are working hard, competing for your business. In the recent years, they came out with several types of incentives for the check card holders, such as checking account sign on bonuses. Most recent, and apparently the most successful incentive is debit card cash back, or check card rewards card: based on the total amount of money spent each month, you are eligible to receive 1%, 2%, 3%, or even 5% reward on all the money spent that month through your check card in certain common categories, such as gas, groceries, and even your favorite cup o’ Joe at Starbucks.

Incredibly so, the incentives and rewards for check card users are approaching those of the best credit cards available.

Merchant’s perspective on debit card rewards payments

The merchants love to accept check cards since, through PIN based transactions, they incur a very modest, $0.10 transaction fee or similar. With a so called “credit” transaction through your cash back ATM card, they, however, incur a much higher fee of $0.30 + 3% of the purchase value, or thereabouts. A big difference. As much as the merchant dislikes paying these fees, as long as they bring in a new customer who wants check card cash back, the merchant will profit from the idea of cash back ATM card still.

Bank’s perspective on debit card cash back

Based on the aforementioned fees, banks would love to have you switch from the credit card transactions to “credit” type check card transactions. Why? First, there is no credit risk in it for them. While a credit card charge always carries a risk of not being paid back, a check card “credit” transaction carries no such risk, yet it still provides the 3% transaction fee for the bank. Check card “credit” transaction is like a free lunch for the bank. That is why banks are happy to provide 3% and even 5% cash backs on selected merchandise. Together with other fees that come up, they will make the profit.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Hotmail Outlook Email

Facebook Marketing

สล็อต
마추자 코드
akun demo slot
togel macau
Data SDY
toto hk
togel hongkong
data hk
demo slot thailand
스포츠중계
tiger 138
https://idebusiness.com
toto88
situs toto slot
toto slot
INFINI88

HOKI SLOT

https://pafiselayar.org/

link slot dana

pg soft

poker88
mpo
Madhur Matka 스포츠중계 토토사이트
Poker
สล็อต
สล็อตเว็บตรง
線上娛樂城
สล็อตเว็บตรง
slot online
เว็บสล็อต
สล็อต
สล็อต
เว็บสล็อต
หวยออนไลน์
สล็อตเว็บตรง
slot gacor

Madhur matka

togel online
slot demo
https://swhiv.org/rtp-slot/
togel
keluaran sgp
slot nexus engine
SLOT ONLINE
SBOBET88
먹튀사이트
토토먹튀
สล็อตเว็บใหญ่
Pengeluaran SGP
data hk
data sgp
demo slot
slot demo
Live HK
togel hari ini
pengeluaran sgp

togel hkg slot gacor paling gampang menang
keluaran hk
Togel Hongkong
slot dana rtp slot
data hk
togel hk
pengeluaran sgp
situs slot
judi bola
agen slot gacor
Online Pokies Australia
slot online
rtp live
slot thailand
puja88
IndoVegas
joker388
เว็บตรงสล็อต
PG SLOT
สล็อตแตกง่าย

data hk
Daftar Slot
slot demo pragmatic
สล็อต
togel online
situs slot
แทงบอลออนไลน์
demo slot pragmatic
Matka 420
jili slots
สล็อตออนไลน์
slot gacor hari ini
ssyoutube
Keluaran HK
slot demo
situs slot
slot
slot88
slot88
slot demo gratis pragmatic play no deposit
dewapoker
slot gacor
poker88
slot gacor hari ini
togel deposit pulsa
slot demo
dewapoker
vapeonce.com
cách chơi rồng hổ Kubet
gocengqq
dewapoker
surgawin88
slot
dewabet
juragan koin 99
Nexus Slot Engine
freebet
poker88
poker88
สล็อตpg
網上賭場
poker88
poker88
ankara escort
เว็บสล็อต
สล็อต
Cobra kai jacket
dewapoker
dewapoker
Optical Transceiver
slot88
link slot gacor
Slot Gacor Maxwin
slot online
ole777
daftar poker88
poker88
SBOBET Wap
dewapoker
online casino philippines
สล็อตเว็บตรง
Joker Slot
เว็บสล็อต
poker88
poker88
pg slot
레플리카
Slot303
PGSLOT
slot
agen bola sbobet
พีจีสล็อต
deposit pulsa tanpa potongan
สล็อต
สล็อตเว็บตรง แตกง่าย
cmd368
slot gacor
สล็อตเว็บตรง
สล็อตpg
สล็อต
สล็อต
สล็อตเว็บตรง100%
เว็บสล็อตเว็บตรง
สล็อต pg
體驗金娛樂城

pg slot
สล็อตเว็บตรง
娛樂城
สล็อต pg
เว็บตรง
สล็อต
สล็อตเว็บตรง
สล็อตเว็บตรง
สล็อตเว็บตรง
pg slot
สล็อตเว็บตรง
สมัครสล็อตเว็บตรง
สล็อต
เว็บตรง
สล็อต
สล็อต
slot gacor
สล็อต
situs judi slot
สล็อตเว็บตรง
방콕변마
สล็อต
slot online
JOKER123
togel online
jogos PG Soft
Infini88 Slot
togel sdy
kakek zeus
Daftar Slot Gacor Online
สล็อตโจ็กเกอร์
Nexus Slot
娛樂城推薦
judi slot thailand
Top Software developers in Houston
เว็บแทงบอล ufabet
situs bandar togel
สล็อตเว็บตรง
situs togel resmi
slot gacor deposit 5000
สล็อต
สล็อตเว็บตรง
slot gacor deposit 5000
สล็อต
slot rtp tertinggi hari ini
dewa33
mataslot77
Mesterolone Pills for Sale
สล็อต เว็บตรง ไม่ผ่านเอเย่นต์
สล็อตทรูวอเลท
Proviron AU Legal
สล็อต
สล็อตเว็บตรง
온라인카지노
ufabet
situs slot
mahkotaslot
togel hari ini
melati188
slot gacor
77Skygame Slot Gacor
www.pgslotreview.net/pgslot/luckyneko/
먹튀폴리스
deluna4d
WINLIVE4D adalah situs slot gacor terbaik terbaru tahun ini, dan menjadi acuan slot gacor hari ini di setiap harinya, karena selalu memberikan kemenangan tanpa henti, slot gacor winlive4d selalu menjadi favorit orang orang. WINLIVE4D akan selalu memberikan kepuasan bermain kepada para player slot online dan games judi online yang lain, anda tidak akan pernah merasakan menyesal bermain bersama WINLIVE4D