What are cash-back rewards?

Unlike traditional rewards points, which can only be used to buy goods or services, or gift cards offered by the card issuer, cash-back rewards are what their name implies: cash. They are usually presented to the cardholder on the monthly credit card statement.

What is cash back & how does it work?

Cash back, also known as “cashback,” refers to two types of financial transactions related to credit and debit cards that have grown increasingly popular in the last two decades. Most commonly, it’s a credit card benefit that refunds the cardholder a small percentage of the amount spent on each purchase above a certain dollar threshold.

How much cashback do you get on hotel bookings in Bangkok?

If you’ve missed out on the 20%, you’ll still be able to get up to 12% cashback on hotel bookings on these dates too: Anantara Riverside Bangkok is just minutes away from the city centre.

Should you use a cash-back or travel rewards card?

Both cash-back and travel rewards cards offer perks to cardholders. However, Leff says he believes that a cash-back rewards card is the best choice for many consumers, particularly those who rarely travel internationally.