How do cash back cards work?
Cash back cards are essentially credit cards that work in your favor when you make purchases from certain merchants. The banks issuing the cards liaison with merchants to offer the cash back facility. When you spend a minimum amount or buy certain items from the specified merchants, a percentage of your spending is credited back to you. This in a way is saving. The cash earned back means that you have to pay that much lesser on your card payment.
Maybank offers the best cash back card for residents in Singapore. You can get in touch with our representatives and know the details of the card.