Jul 21, 2015 05:38 PM
13013 Views
Tag line for payback should be Earn money while spending.
Payback is reward partner for mainly to ICICI. When you use ICICI product being credit card, debit card, saving account, you get reward points which are in form of payback points. Not only ICICI but many other merchants are collaborated with payback.
Suppose you shop on bookmyshow, you will be paying amount for your booking but at the same time, you will be earning payback points. At big bazaar, even if you are paying in cash, you can mention your payback number & you will earn reward points.
In payback, you have a card number which is linked to your mobile number. Whenever you shop, you have to quote either payback card number or linked mobile number, so you get reward points in your account. After accumulating points, Each point earned is equivalent to 25 paisa. You can redeem points at various merchant partners while shopping. Points have expiry period of 3 years. So no worry about points getting expired. Best part getting payback card is free of cost.
Hence, tag line suggested by me fully justifies the features. I would recommend every one to earn while spend.