Cash-back deals on mobile devices have been a boon for consumers, but many people are now facing the dilemma of not knowing what they’re getting into.
This is a good time to know what you’re getting yourself into.
Here are some things to keep in mind if you’re wondering what your new rewards cards offer.
What’s cash back and what’s not?
Cash-backs are the term used for the cash that is withdrawn from your account every time you spend on a product or service.
You can get cash back on a variety of purchases, including mobile phones, petrol, mobile payments and gym membership.
Some cards offer cash back in exchange for a discount.
You’ll need to use a card to receive the cash back.
Cash back isn’t always the same as a credit card or rebate.
For example, some cash back cards will give you an annual fee of $2, $5 or $10, whereas some credit cards offer an unlimited amount of cash back for the first $3,000 in spending every year.
Other cash back schemes offer a maximum of $300 per card per year.
What you need to know before you buy The amount of the cash you can receive depends on the card you’re signing up for.
There are different types of cash-back cards: a credit, debit and prepaid card.
The credit card that you’re using must be a credit or debit card.
They must also be linked to your mobile number.
A credit card doesn’t need to have an associated website, but you can add a website to a creditcard that you already have.
You must also have an active credit or other card balance on the credit card.
Some card providers will accept your online transactions on a prepaid card if the credit or card isn’t linked to an actual account.
You won’t receive cash back if you don’t spend on your card or cardholder pays a fee on your payment.
The only cash back scheme that will not work with a card that has an associated payment gateway, such as a bank or credit union.
If you’re not eligible for a cash back card you can’t sign up for one, you can pay a fee of up to $50 to apply for a card.
If the fee is waived or reduced, you’ll get the full amount of your rewards, plus interest.
But if you pay it, you’re effectively signing up to a cash-backs scheme.
The cash back you receive is subject to the terms and conditions of the card and may vary depending on how much you spend.
A card with an annual or variable fee will be more attractive to some people.
But it will also be subject to terms and restrictions that vary from card to card.
You may also be able to apply online.
If there’s no sign-up page on your mobile device, or if you can find a different card online, then it may be worth using another.
How much can I get?
There’s no way to tell how much your rewards will be worth if you spend $2 or $5 on a mobile phone, but there are some rules to be aware of.
You should be aware that if you use a credit and debit card to buy a mobile handset or a mobile subscription, you may be paying a fee, called a surcharge, that you’ll have to pay if you overpay.
That fee can vary depending how much of the purchase you overpaid.
The total amount of a surtax you’ll be subject for is based on the amount you spent, and can range from $50 if you bought a phone with a minimum of $30, to as much as $500 if you spent $3.50 on a phone.
Some of the best mobile rewards cards are the $250 or $500 rewards, which can offer a $2-plus discount on most purchases.
For instance, a $250 card with a $300 introductory price will give the equivalent of $250 in rewards every month for five years.
The $500 reward offers a $1,500 discount every month, which works out to $3 per $1 spent.
What are the limits?
You can only use one card per person, and you can only redeem a limited number of rewards per transaction.
You cannot redeem more than $2.50 per $5 spent.
A $5 discount applies to purchases, but only if you’ve used up to 25% of the money you’ve paid to the card.
There is no limit on the number of times you can redeem the same card or the amount of money you can spend.
You’re not allowed to pay more than what the cardholder has paid, and a maximum cash back amount can’t exceed $10 per card.
How do you get your rewards?
When you sign up, you will need to provide your email address and bank details.
The details are then sent to the relevant company.
Your card issuer will then send you a notification to update your details, which will give your card issuer the opportunity to