What Is Cashback?
Cashback refers to a reward program where users receive a percentage of their spending back as a rebate. This incentive is commonly offered on credit cards and payment platforms. Every time you make a qualifying purchase, a small portion of the amount is returned to you, usually credited to your account as cash, a statement credit, or a reward balance.
Cashback rates vary by provider and purchase category. For example, a card might offer 1% back on all spending, or higher percentages for specific categories like groceries or travel. Because cashback reduces your effective cost of purchases, it’s viewed as a valuable benefit for frequent spenders and people who pay their balances in full.
In digital payment ecosystems that support crypto cards, cashback can also be awarded in the form of digital assets or stablecoins. This blends rewards with programmable money, giving users flexibility in how they redeem or use their earnings.
KAST’s crypto card offers cashback on eligible purchases, letting users earn value in supported stablecoins that can be spent, saved, or moved onchain. Depending on the type of card, cashback of up to 8% is available.
