cashback

Spending reward percentage

Cashback is money returned to a buyer as an incentive.

Credit cards offer cashback as a percentage of purchases: I get 2% cashback on groceries.

Retail promotions may advertise cashback on specific items.

At checkout, cashback also means withdrawing cash from your bank account while paying with a debit card: Would you like any cashback with that?

rewards

points

Units of tally

loyaltyFaithful commitment to another
bonusReward beyond expectation
earningsMoney gained from work

perks · membership · tiers · accumulation · miles · redemption · program · benefits · categories · quarterly bonus

rebate

refund

Money returned after purchase

moneybackReimbursement of purchase price
reimbursementPayment for incurred expenses
creditRecognition or payment deferral

payback · kickback · return · adjustment · recoupment · recovery · redemption · repayment · percentage · statement credit

shopping

checkout

Payment completion process

purchaseGoods obtained for payment
onlineNetwork-connected state
in-storeYet to happen

retailer · merchant · portal · browser extension · Rakuten · coupon · promo code · deal · offer · exclusions

cards

credit card

Borrowed-funds payment tool

debit cardPayment from checking account
ChaseAmerican banking giant
AmexFinancial services abbreviation

Capital One · Citi · issuer · APR · annual fee · approval · application · cardholder · statement · billing cycle

spending

groceries

Food bought at stores

gasFormless, expanding substance
diningEating a meal
restaurantsCommercial dining venues

travel · streaming · drugstores · Amazon · Walmart · activated

Categories

credit cardscredit card, loyalty card, cardholder, card number, rewards card
discount codespromo code, coupon code, discount code, voucher code, coupon
discountsdiscount, coupon, coupons, promo code, coupon code
retail dealscoupons, rebates, discounts, flash sales, promotions
rewards programsloyalty points, rewards points, points system, loyalty rewards, member benefits
travel dealscheap flights, flight deals, hotel deals, travel deals, package deals

Opposites

direction of money flow in a transaction

cashbackpayment

Fulfilling a financial obligation

expenditure · cash advance · withdrawal · deposit

pricing/cost structure

cashbackinstant savings

Immediate price reduction

markdown · price reduction · sale price · coupon · promotional pricing

financial penalties vs. rewards

cashbacksurcharge

Extra fee added

fee · service charge · penalty · interest charge · late fee

Family

back, cash, background, cashier, backtrack, cashing, cashed, cashiers, cashless

Familiarity: Top 100,000
Profile: Known to kids · Used worldwide · Timeless · Positive · Everyday, not technical · Rated G