Cashback in supermarkets on credit cards

[Output Flange]

Don't worry, I'm not interested in getting cash out on a credit card, but am I correct to assume that none of the supermarkets offer this facility, and that it's debit card only?

[bugmenot]

Correct.

Although the rumour is that Wilkinson and certain pubs will sometimes do it for you. I've Never tested it out though.

[Simpo Two]

I seem to recall that the supermarkets make money from it somehow.

[Terminator X]

^^ they pocket the few % charge that the banks normally take don't they?

TX.

[Gareth79]

I always understood that it was just a way of getting rid of their banknotes, which incurs handling costs all the way down the line. For debit cards they will be paying a flat rate no matter how much you spend.

[hornet]

Gareth79 said:

I always understood that it was just a way of getting rid of their banknotes, which incurs handling costs all the way down the line. For debit cards they will be paying a flat rate no matter how much you spend.

That's always been my understanding. Clever way of reducing their cash handling costs whilst appearing to be doing you a favour.