Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly


2 mins Read | 4 Years Ago

What is a Cashback in Credit Card & How Cashback Works?



A credit card cashback offer provides a refund to a customer when he/she spends money on products/services on which the cashback is applicable. In this article, we will get to know what cashback cards are and how they work.

Credit card cashback is the most popular reason why so many people like to shop online and offline using credit cards. When it comes to offers, ICICI Bank has tonnes of offers going on, so make sure you check out ICICI Bank for offers like never before. Let’s find out more about credit card offers, cashback offers and how it all works.

There are different kinds of credit card bill payment offers, provided by banks. For example- travel credit cards offer miles and travel points that they can use whenever they want to travel somewhere. But a cashback is when you get a fixed cash value depending on the offer you chose while using your credit card to pay.

Depending on banks, you can get different types of credit card offers. Some credit cards offer a flat percentage back, whereas some provide a higher cashback percentage comparatively on your purchase. It all depends on what you want and what kind of cashback offer you prefer. In simple terms, cashbacks are a way to earn some percentage of your already spent money back. If you want to win reward points instead of cashback, you can go ahead and choose a card that fits your preference.

How does cashback work?

Usually, when you are eligible for a cashback on your ICICI Bank credit card while shopping on any e-commerce or any other online retailer, you get a percentage of your money back. Cashback is the deal between a credit card company and online retailers. For every purchase, the retailer has to pay a percentage of money back to the credit card company. The bank then opts to share a portion of these earnings with the customer. The cashback varies depending on the credit card you use.

ICICI Bank cashback deals offer cash back across categories like fashion, food, travel, electronics, etc. ICICI Bank Cashback Deals are a one-stop-shop where you can avail of exciting offers each time you shop online. Here’s avail access to lots of cashback deals through the iMobile Pay app on shopping sites:

  • Login to iMobile Pay app using fingerprint or four-digit PIN

  • Go to the “Offers” section on the footer

  • Scroll to the left on the dashboard and click on “Cashbacks.”

  • On the “Cashback” page, you will see cashback deals offered by top online shopping brands across categories like healthcare, grocery, electronics, etc

  • Select a preferred offer and click on “Activate Cashback.”

  • You will be redirected to the shopping site

  • Shop on the site and select ICICI Bank Credit Card cashback offered over and above the discounts and coupons

  • After you complete shopping, your cashback offer on the credit card will be tracked by the shopping site.

  • Once you confirm & complete the payment process, the cashback amount gets transferred to your bank account.

Avail ICICI Bank Credit Card and save more with cashback deals on top brands every day!


People who read this also read

View All


View All
2 mins Read | 1 Year Ago
How Credit Cards improve the personal finances of new earners
Credit Card

Scroll to top