asda cashback

use

hello!

when I shop at asda and pay by my card, I get the question about cashback

what is this exactly and what should I choose?

same at Lidl, I was asked about cashback

thanks!

silvertabby_2

You have the option of withdrawing cash when paying by a debit card. If you don't to withdraw any cash say no.

use

so when it asks about cashback it means if I want to withdraw money from my card, like an ATM machine?

is there a charge for that or it's free like most ATMs ?

why do they ask me if I want cashback and not just let me (if I need cash) to go to an ATM and withdraw money?

so, it's different than what cashback means in this website? https://www.topcashback.co.uk

dzug1

That's right - they are asking if you if you want some cash from your bank account. It's as free as it would be at an ATM.


They do it to provide a service to customers (saves you time) and it reduces the amount of cash they have to bank thereby reducing their bank charges


topcashback is a different concept.

trailingspouse

It's a very useful service. My Mum (84) much prefers to get cash when she's at the supermarket, rather than standing on the street using an ATM. She feels it's safer, and I think she's probably right. Also, as her eyesight isn't brilliant she finds all the options and buttons on an ATM a tad confusing - at the supermarket the options are just cashback or no cashback, and all she has to do is input her PIN, the cashier does everything else.

You do of course have to have enough money in your account, and the limits on withdrawals are lower (£300 per day from an ATM usually £100 or even £50 using cashback). The amount gets added to your bill, which can be confusing when it comes to checking your statements. If you spent £27 on groceries and then got £50 cashback, it will look like you've spent £77 on groceries when you check your statement.

Also there's likely to be a minimum spend before you can get cashback (usually £5) - you can't just go in to the supermarket and get cash, you have to buy something.

Aquamania

use wrote: »

hello!

when I shop at asda and pay by my card, I get the question about cashback

what is this exactly and what should I choose?

same at Lidl, I was asked about cashback

thanks!

http://en.wikipedia.org/wiki/Debit_card_cashback

Aquamania

use wrote: »

so when it asks about cashback it means if I want to withdraw money from my card, like an ATM machine?

Similar

use wrote: »

is there a charge for that or it's free like most ATMs ?

No charge

use wrote: »

why do they ask me if I want cashback and not just let me (if I need cash) to go to an ATM and withdraw money?

There may not be an ATM local. I know there is none near my local Lidl store
Or the ATM may not be working.
Or the nearest ATM may charge for withdrawals. (probably not at Asda)
Depending on the neighbouhood, it may be safer for you to collect your cash from inside the store, rather than out in the street.
See the link above for how it also benefits the retailer to offer such a service.

use wrote: »

so, it's different than what cashback means in this website? www.topcashback.co.uk

Yes.
http://en.wikipedia.org/wiki/Cashback