Explanation of Rebate Cards

Rebate cards are debit cards that can are offered by companies to consumers. Many times, this is offered as a type of incentive in order to get a consumer to make a large purchase. For example, this type of card might be offered to individuals who purchase a new car from a specific dealer. Rebate cards can be used much like a debit card. You can take them to any merchant that accepts credit and debit cards. You can make a purchase and the balance will be deducted from the total rebate amount on the card.

Dissatisfaction

Even though some of these rebate cards can be simple to use, many people have been dissatisfied with them. When you make a purchase, you may not be able to tell exactly what the balance remaining on the card is. If the amount of the purchase is less than the balance on the card, the transaction will be processed. However, if the transaction amount is greater than the balance on the card, the purchase will be declined. This can be very frustrating. Many times, consumers are asked to specify the amount for the cashier in order to use the card.


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