Karnataka Bank has launched ‘cash back’ campaign for its VISA debit cardholders.
A press release by the bank said here on Tuesday that the campaign will be in force for a month from May 10 to June 10.
Those cardholders, who have done a minimum five swiping at point-of-sale (POS) terminals or five online transactions with a minimum value of ₹200 each, will qualify under this campaign. More than 3,200 top spenders -- both in terms of value and volume of transactions -- will get cash back aggregating ₹10 lakh, it said.
P Jayarama Bhat, Managing Director of the bank, launched the campaign in Mangaluru on Tuesday.