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What is a Cash Back?

Cash Back is a convenient way of getting cash at the same time that you pay for a purchase at a retail location offering this service. It works like this: say you make a purchase for $20.00 and you would also like $50.00 cash. Ask the retailer if they offer cash back. If so, ask for the purchase amount to be topped up for the $50 cash back. The retailer will process $70.00 from your account and you get the merchandise plus the $50.00 cash.

 

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