Lifestyle
You’ve probably already heard about Bank al Etihad’s cashback program and might have even started enjoying the benefits of earning cashback on your purchases. If you’re not familiar with it, don’t worry. It’s never too late to join in.
Bank al Etihad’s cashback program offers you instant cashback, ranging from 0.25% to 3%, depending on your rank, every time you use any of our bank cards. This applies whether you’re shopping from stores or making online purchases. The cashback you earn is automatically deposited into your cashback vault in the app, allowing you to transfer it to any of your accounts whenever you like without worrying about expiration dates.
In this article, we’ll uncover all the secrets that can help you maximise your cashback. But before we dive into that, let’s introduce you to our friends Dana and Razan and share their journey with the cashback program.
Dana is 28 years old and works at an insurance company. She’s a Bank al Etihad customer, and her monthly salary is deposited into her account with us. She also has a savings account, which she regularly adds to, and has opened a term deposit as a means to invest and grow her savings.
Dana handles all her bill payments and transfers through our banking app. Dana also uses her debit card for most purchases and rarely uses cash. Sometimes, she makes payments with her Bank al Etihad credit card.
So far, Dana has earned 130 JOD in her cashback vault!
Now, let’s introduce you to Razan. She’s 29 years old and works at a software company. Razan is also a client of Bank al Etihad, but her salary isn’t deposited with us. She doesn’t have a savings account at Bank al Etihad because she prefers to keep her savings in her current account and believes she’s too young to invest.
Razan mainly uses our banking app to pay her prepaid mobile phone bill and rarely transfers money. She prefers cash for in-store shopping and uses her debit card when shopping online. Unlike Dana, Razan doesn’t have a credit card.
Until now, Razan has earned 34 JOD in her cashback vault.
Razan couldn’t help but wonder why there was such a big difference in the amounts they had each earned so far.
What Razan doesn’t know is that the cashback percentage she earns depends on a few factors. Although it ranges from 0.25% to 3%, the exact percentage depends on her rank in the program. There are four ranks in the program. In this case, Dana holds the second rank, which gives her up to 2% cashback. Razan, on the other hand, is in the fourth rank, so she receives a cashback percentage of 0.25%.
Now, how do you get more cashback?
To earn more cashback, you need to increase your cashback percentage. You can do this by moving up in the program’s ranks. To climb the ranks, you need to do certain banking activities, such as:
Buy e-vouchers
One easy way to boost your rank is by buying e-vouchers through our banking app. You can purchase e-vouchers for Amazon, PlayStation, Nintendo, Xbox, iTunes, Google Play, and PUBG with the steps outlined here.
Make local and international transfers
You can easily transfer money locally and internationally using our banking app. Although it won’t earn you any cashback, it will help you improve your rank. Click here to learn how to transfer money using our banking app.
Send money through Western Union
By using our banking app, you can send money through Western Union to all parts of the world. This will also help you elevate your rank and increase your cashback percentage. You can find the steps here if you need them.
Pay bills
If you haven’t started paying your bills through our banking app, what are you waiting for? It’s super easy, and although it won’t earn you cashback on the bill itself, it does help advance your rank. Check out the steps here.
Use our bank cards
Do you earn cashback when paying with cash? Definitely not! So, why not use your debit card, credit card, or multi-currency prepaid card for all your purchases wherever you go to start earning more cashback and raise your rank? Don’t forget, if you’re in the fourth, third, or second rank, you’ll enjoy a higher cashback percentage with credit cards.
Don’t have a credit card? Apply for one through our app in a few simple steps.
Transfer your salary
Transferring your salary to Bank al Etihad will not only help you raise your rank but also grant you access to our additional offerings, like our loans. To begin the salary transfer process, simply visit your nearest branch.
Open a term deposits or certificates of deposit
Opening a term deposit or certificate of deposit offers a dual benefit: it helps you grow your savings and climb the ranks at the same time. You can easily open both in a few easy steps through our banking app without the need to visit the bank.
Open a savings account
With the Tharaa savings account from Bank al Etihad, you can grow your savings and have a chance to win prizes while also raising your rank. It’s easy — just open a Tharaa savings account, deposit your savings, and keep adding to it regularly. By doing this, you’ll have a chance to win one of nine beach apartments in Ayla Oasis, Aqaba, this September. And there’s more — at the end of the year, there are 10 cash prizes, each worth 100,000 JOD, waiting for 10 lucky winners.
It’s also important to know that your rank may change based on your banking transactions within the last 30 days. Your rank may go up or down at any time.
You can check your rank, monitor all the financial transactions that earn you cashback, review the cashback earnings from each transaction, and transfer these earnings to any of your accounts through our banking app. Just follow the steps provided here.
