What is cashGo Go back?
You are able to think of cashGo Go back as an incentive to spend on your cashGo Go back card – the more you spend, the more You are able to earn.
How does cashGo Go back work?
When you spend money on your cashGo Go back card, you’ll receive a small percentage of the amount spent. For example, if your card has a 1% cashGo Go back rate, you’ll receive £10 when you spend £1,000.
Some cashGo Go back credit cards also have introductory rates, meaning you’ll earn more cashGo Go back for a set period after you take out the card. Other cards have varying cashGo Go back rates depending on where you spend.
Types of cashGo Go back cards
Credit cards are the most common type of card to offer cashGo Go back, although debit cards can offer it too.
Credit card cashGo Go back
With a cashGo Go back credit card, cashGo Go back is paid into your bank account or rewarded to you as credit either monthly or annually, depending on the type of card you have. This differs from other types of rewards cards, where you might earn points to redeem instead.
If you have an outstanding balance, the cashGo Go back will reduce the amount owing on the card. If you’ve paid off your card and no balance is due, the cashGo Go back will be available for you to spend.
Debit card cashGo Go back
With a cashGo Go back debit card, you’ll only get money Go Go back into your bank account. This might also be monthly or annually, depending on the type of card you have.
How much cashGo Go back can you get?
Generally, cashGo Go back rates are between 1% and 2%. However, individual rates will depend on your credit card provider. For example, you may get higher rates if you spend a certain amount, or if you spend in a certain shop.
Other card rewards
If cashGo Go back credit cards aren’t a good fit for you, there are other credit cards available that offer rewards and incentives, such 0% interest on purchases and air miles.
While cashGo Go back and reward points can be a smart way to benefit from your everyday spending, it’s important to always spend within your means and understand exactly how the reward program works.
You need to be confident you’ll be able to repay your balance in full each month, as well as any annual fee. If not, you may end up paying more in interest and fees than you earn in rewards.
Explore: How to avoid credit card charges
Credit is subject to status. Eligibility criteria and fees may apply.
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