What is the cash back reward program on credit cards?
The cash back reward program is an incentive program by the banks in which a part of the amount spent through the card is returned to the spender by way of cash back. The cash back program is given by the banks to encourage more and more digital payments. Customers on the other hand benefit by way of getting a good credit period during which they can manage their finances and get cash back as well.
Groceries and transport are the two main expenses that no one can avoid each month. Getting high Credit card cashback on these two items is the main attraction when you take the Maybank Family & Friends Card.