the retail facility whereby a customer may withdraw an amount of cash when making a purchase with a credit card or debit card, the amount being added to the bill
A courtesy service offered by some retailers whereby a consumer may request cash at the same time they complete an IDP transaction This service is offered at the discretion of retailers
Many mortgage providers offer a cash incentive to purchase their products Once the mortgage commences you will be given a sum calculated by the provider to spend as you wish Although this sum can be useful when considering the costs associated with moving (new carpets etc )the borrower should still be aware of the other terms of the mortgage which may cancel out the cash benefit in the long term
Cashback is a way of taking money out of your account when you buy things with a debit card The shops which give cashback are usually supermarkets The checkout assistant adds the cash you have asked for (up to a maximum of £50) to your shopping bill and gives you cash out of the till The whole amount will be taken from your current account
A payment (either a fixed or a percentage of the mortgage amount) offered by some lenders as an incentive to borrow from them Sometimes there are redemption penalties associated with these types of deals
Type of loan where the borrower is given back a sum of money (usually a percentage of the loan) Commonly used by lenders as an incentive to promote their products