How is the ‘up to 1.8%’ cash back calculated?

It's important to note that Bano does not determine the exact percentage of cashback received.

The percentage of cashback you can receive is influenced by various factors, which include but are not limited to:

• Type of transaction made
• The merchant involved in the transaction
• Currency used for the transaction
  

Note: Unlike traditional banks that rely on commission fees as a significant source of income, Bano's cashback feature is designed to share all the commission with our users. This ensures that you benefit directly from the use of your Bano VISA Card.