Go Back   AnandTech Forums > Social > Off Topic

Forums
· Hardware and Technology
· CPUs and Overclocking
· Motherboards
· Video Cards and Graphics
· Memory and Storage
· Power Supplies
· Cases & Cooling
· SFF, Notebooks, Pre-Built/Barebones PCs
· Networking
· Peripherals
· General Hardware
· Highly Technical
· Computer Help
· Home Theater PCs
· Consumer Electronics
· Digital and Video Cameras
· Mobile Devices & Gadgets
· Audio/Video & Home Theater
· Software
· Software for Windows
· All Things Apple
· *nix Software
· Operating Systems
· Programming
· PC Gaming
· Console Gaming
· Distributed Computing
· Security
· Social
· Off Topic
· Politics and News
· Discussion Club
· Love and Relationships
· The Garage
· Health and Fitness
· Merchandise and Shopping
· For Sale/Trade
· Hot Deals
· Free Stuff
· Contests and Sweepstakes
· Black Friday 2013
· Forum Issues
· Technical Forum Issues
· Personal Forum Issues
· Suggestion Box
· Moderator Resources
· Moderator Discussions
   

Reply
 
Thread Tools
Old 08-24-2003, 01:56 PM   #1
Semidevil
Platinum Member
 
Join Date: Apr 2002
Posts: 2,977
Default what does 5% cash back mean?

so my credit card has 5% cash back. Now what does that mean/? does it mean I get 5% off my montly bill? do they send me a check at the end of the month worth 5% of my purcases??
Semidevil is online now   Reply With Quote
Old 08-24-2003, 01:57 PM   #2
JonTheBaller
Golden Member
 
Join Date: Dec 2002
Posts: 1,916
Default RE: what does 5% cash back mean?

Depends on the company but usually 5% check after a certain period of time and/or a certain accumulation of rewards.
JonTheBaller is offline   Reply With Quote
Old 08-24-2003, 01:57 PM   #3
RossMAN
Grand Nagus
 
RossMAN's Avatar
 
Join Date: Feb 2000
Posts: 74,509
Default RE: what does 5% cash back mean?

Which credit card?
__________________
Quote:
Originally Posted by dartworth to alky View Post
don't bro me if you don't know me
RossMAN is offline   Reply With Quote
Old 08-24-2003, 01:58 PM   #4
Ameesh
Lifer
 
Join Date: Apr 2001
Posts: 23,685
Default RE: what does 5% cash back mean?

[img]i/expressions/rolleye.gif[/img] !!! look at the details of the offer that your CC has on their website or call them up and ask them.
__________________
Xbox Live Gamercard
Ameesh is offline   Reply With Quote
Old 08-24-2003, 02:07 PM   #5
Kevin
Diamond Member
 
Join Date: Jan 2002
Location: NYC
Posts: 3,995
Default RE: what does 5% cash back mean?

Usually annually, semi-annually or quarterly (depends on the card) you'll get a check in the mail that will equal 5% of your total spending on the card...
__________________
Kevin - Heat
Kevin is offline   Reply With Quote
Old 08-24-2003, 02:09 PM   #6
BrunoPuntzJones
Lifer
 
BrunoPuntzJones's Avatar
 
Join Date: Feb 2001
Posts: 14,339
Default RE:what does 5% cash back mean?

Doubtful of the 5%

It's probably only at certain stores, and probably limits.

Like 1-10,000 is 1% back
20-50,000 is 2% back
50,000-100,000 is 5% back

nothing over 100k

That's how most tend to be
__________________
Iraq has been like breaking a lamp in Pottery Barn. You break it, you buy it. Except you have to glue it back together. And you can never leave the store. Oh, and did I mention it was an exploding lamp?

BrunoPuntzJones is offline   Reply With Quote
Old 08-24-2003, 02:10 PM   #7
Yossarian
Lifer
 
Join Date: Dec 2000
Posts: 17,993
Default RE: what does 5% cash back mean?

I have a Visa that gets me 5% off aviation stuff--I log onto the website, checkmark the purchases that are eligible, then the next month they automatically credit the 5% to my account.
Yossarian is offline   Reply With Quote
Old 08-24-2003, 02:12 PM   #8
DaveSimmons
Elite Member
 
Join Date: Aug 2001
Location: Bellevue, WA
Posts: 37,033
Default RE:what does 5% cash back mean?

It means that every 14 weeks they send you a box of smoked salmon with a vaule equal to or greater than 5% of your purchases for the previous 14 weeks. Some companies offer subsitiutions of fresh tuna or smelt shipped in dry ice.
DaveSimmons is offline   Reply With Quote
Old 08-24-2003, 02:15 PM   #9
Nocturnal
Lifer
 
Nocturnal's Avatar
 
Join Date: Jan 2002
Posts: 18,924
Default RE: what does 5% cash back mean?

Paypal gives like 1% of each thing you buy with your debit card back. I've earned multiple cents from my Paypal debit card.
__________________
Heatware: Nocturnal
Nocturnal is offline   Reply With Quote
Old 08-24-2003, 02:18 PM   #10
RossMAN
Grand Nagus
 
RossMAN's Avatar
 
Join Date: Feb 2000
Posts: 74,509
Default RE: what does 5% cash back mean?

Every credit card and credit card product pays their % rebates differently.

Until we know WHICH CREDIT CARD, we're just pulling rabbits out of our arses.
__________________
Quote:
Originally Posted by dartworth to alky View Post
don't bro me if you don't know me
RossMAN is offline   Reply With Quote
Old 08-24-2003, 02:28 PM   #11
DaveSimmons
Elite Member
 
Join Date: Aug 2001
Location: Bellevue, WA
Posts: 37,033
Default RE:what does 5% cash back mean?

> Until we know WHICH CREDIT CARD, we're just pulling rabbits out of our arses.

Penguins have a diet entirely of seafood, so I'm pretty sure Semidevil would have signed up for one of the fish-back cards rather than one offering beef or tofu. But it's true we'd have to RTFM to find out exactly what kind of fish are offered and on what schedule.
DaveSimmons is offline   Reply With Quote
Old 08-24-2003, 02:32 PM   #12
RossMAN
Grand Nagus
 
RossMAN's Avatar
 
Join Date: Feb 2000
Posts: 74,509
Default RE:what does 5% cash back mean?

Quote:
Originally posted by: DaveSimmons
> Until we know WHICH CREDIT CARD, we're just pulling rabbits out of our arses.

Penguins have a diet entirely of seafood, so I'm pretty sure Semidevil would have signed up for one of the fish-back cards rather than one offering beef or tofu. But it's true we'd have to RTFM to find out exactly what kind of fish are offered and on what schedule.
Tell me about it.

How f* difficult is it to RTFM or even *gasp* call your credit card's customer service *gasp* and ask them how the 5% rebate works?
__________________
Quote:
Originally Posted by dartworth to alky View Post
don't bro me if you don't know me
RossMAN is offline   Reply With Quote
Old 08-24-2003, 04:49 PM   #13
BrunoPuntzJones
Lifer
 
BrunoPuntzJones's Avatar
 
Join Date: Feb 2001
Posts: 14,339
Default RE:what does 5% cash back mean?

And on top of that, shouldn't he have figured out the card BEFORE he applied for it?
__________________
Iraq has been like breaking a lamp in Pottery Barn. You break it, you buy it. Except you have to glue it back together. And you can never leave the store. Oh, and did I mention it was an exploding lamp?

BrunoPuntzJones is offline   Reply With Quote
Old 08-24-2003, 05:38 PM   #14
randomlinh
Lifer
 
Join Date: Oct 1999
Location: Maryland
Posts: 20,854
Default RE:what does 5% cash back mean?

Quote:
Originally posted by: Nocturnal
Paypal gives like 1% of each thing you buy with your debit card back. I've earned multiple cents from my Paypal debit card.

don't you only get it back if you use it as a credit card, not debit card? I used it as a debit card thinking that, but was not eligable for the rebate.... it said had to use it as credit (not that it matters much either way, it's just pulling from the paypal account either way). And i have used it as credit, and received my cash back
randomlinh is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 07:59 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.