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Cash back is a feature offered by some retailers that allow customers to receive cash back when they make a purchase using their debit card.
It‘s basically withdrawing money from the account associated with your debit card.
The amount of cash back you receive may vary depending on the retailer, but it‘s typically around $40 to $100.
However, some grocery stores, convenience stores, and gas stations have a more cash back limit.
In order to take advantage of this offer, you‘ll need to present your debit card at the time of purchase and ask the cashier to process a cash back transaction.
You may also be able to receive cash back through an ATM if the retailer offers that service.
Just make sure you have enough money in your account to cover the amount you want to withdraw.
The biggest benefit of cash back at the register is that you will be able to avoid the ATM withdrawal fee and a surcharge that many banks charge.
However, you should be aware that some retailers may charge their own fees for this service.
Not all merchants offer this service, so you‘ll need to do a bit of research ahead of time.
You can usually find a list of participating stores on the retailer‘s website or by searching online.
Present your debit card at the time of purchase and ask the cashier to process a cash back transaction.
Or just swipe your card at the POS and the machine will show you the cash back options.
Be sure to save your receipt as it will include the amount of cash back you received.
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