The following article provides in-depth information on Emirates Islamic Bank auto debit credit card payments via both mobile and online banking methods.
Among a broad range of business card categories, there is one category that is highly popular in the UAE and it is none other than cash back corporate credit cards. The majority of savvy business owners prefer opting for a cashback credit card as it enables the cardholders to earn cash back while they spend using their credit card. In short, it rewards a cardholder a percentage of their spending in the form of money back and then they can use the money as per their discretion. It can simply help the cardholders to improve their business flow if they got an automatic discount on every transaction they make using their cash back corporate credit card.
But, the main concern is that many business owners across the country use a cashback credit card but most of them are still unaware of the strategies that help them to get the most cash back from their business credit card. So, if you are one of them who are not making the most of your business cash back credit card, then read this article till the end to know how cash back program exactly works in addition to those useful tips that will help you to avail maximum cash back from your corporate credit card.
With cash back corporate credit cards, every time you make any transaction or purchase, you earn a specific percentage of money back. This percentage amount is fixed by the lender or bank that issues a cash back card. So, when you purchase anything by using your credit card, the amount gets added to your credit card account. Then, you can redeem your cash back amount in the following manner:
Apart from a flat cash back reward rate, you could also find some other type of business credit cards in the UAE that are known as corporate credit cards with bonus categories. Such type of credit card enables you to earn a high amount of cash back for spending in different categories. Few cards use a set combo where the categories always remain the same such as 3% cash back on travel, 2% cash back on dining and office supplies, and 1% cash back on all other spends using that specific business cashback credit card.
Following are some of the handy tips that will surely help you to avail the most cash back from your corporate credit cards:
The Bottom Line
Cash back business credit cards are indeed a good option if they improve your business cash flow and provide you much-needed financial support. But it is important to be prudent and wise just like any other thing in order to make the most of it.