Cashback at World Credit Bank is a feature offered on certain debit and credit cards, where cardholders receive a percentage of the money they spend back into their account. This feature is designed to reward customers for their regular spending and provide them with additional savings on their purchases.

Key Features of Cashback at World Credit Bank:

1. Percentage-Based Cashback: Cardholders receive a specific percentage (e.g., 1%, 2%, or more) of their spending as cashback on eligible purchases.
2. Eligible Purchases: Cashback is usually offered on categories like groceries, dining, fuel, online shopping, and sometimes even on utility bill payments.
3. Automatic Credit: Cashback earned is typically credited to your card account at the end of each billing cycle or after a set period, like monthly or quarterly.
4. Tiered Cashback Programs: Some cards offer tiered cashback, meaning the more you spend, the higher the cashback percentage you earn.
5. No Limits: Certain cards may offer unlimited cashback, while others may have a cap on how much cashback you can earn per month or year.
6. Promotional Cashback: Occasionally, World Credit Bank may run promotions offering higher cashback rates or bonus cashback on specific merchants or during special periods (e.g., festive seasons).

Types of Cashback Cards at World Credit Bank:

1. Debit Cards with Cashback: Selected debit cards may offer cashback on specific types of transactions such as point-of-sale (POS) payments or online purchases.
2. Credit Cards with Cashback: World Credit Bank offers a variety of credit cards with different cashback rewards, often tied to specific categories of spending.

How to Earn Cashback:

1. Use Your Card: Pay with your eligible World Credit Bank debit or credit card for purchases in cashback-eligible categories.
2. Monitor Your Cashback: Track your cashback earnings through online banking or the mobile app.
3. Automatic Payout: Cashback is usually credited automatically to your account and can be used to pay off the outstanding balance or saved for future purchases.

Benefits of World Credit Bank Cashback:

• Savings on Everyday Purchases: You can save money on routine spending like groceries, fuel, and dining.
• No Additional Fees: There are generally no additional fees for earning cashback, as long as you use your card responsibly.
• Bonus Opportunities: Some cards offer periodic promotions where you can earn higher cashback rates at selected merchants or categories.
• Easy to Redeem: Cashback is credited directly to your account, with no need to redeem points or go through a complicated process.

How to Choose the Right Cashback Card:

• Spending Habits: Choose a card that aligns with your typical spending categories. If you spend a lot on groceries or fuel, look for cards that offer cashback on those purchases.
• Annual Fees: Some cashback cards may have annual fees, while others are fee-free. Compare the potential cashback rewards with the cost of maintaining the card.
• Bonus Categories: Look for cards with rotating or additional cashback categories, offering higher rewards on specific categories during certain periods.

How to Apply for a Cashback Card:

• Eligibility: To apply, you must meet the income and credit score requirements set by World Credit Bank for the specific card.
• Application Process: You can apply for a cashback card through World Credit Bank’s website, mobile app, or by visiting a local branch.

Things to Consider:

• Interest Rates: If you carry a balance on your credit card, the interest you pay might offset the cashback benefits. Always try to pay your balance in full each month to maximize your rewards.
• Spending Caps: Some cashback programs may have a limit on how much cashback you can earn in certain categories or in total.

World Credit Bank’s cashback programs are a convenient way to get rewarded for your everyday spending, offering tangible savings and value for cardholders.