- When cashback funds are added to my Aero credit card are these funds being used first when I make a purchase?
When the cashback is added this will be added to the overall available cash on the card.
- If my Aero credit card balance is presently at a nil balance (not owing), will the cashback funds be added to my account (card now in credit) and how would I know when funds are 'used up' before I get into my credit limit?
Yes the card will be in credit, however, you can keep track of your spend by using online/mobile banking or keep their records.
- Is the balance on my credit card reducing when the cashback funds are credited?
Yes, but the minimum payment reflected on your statement must be made still.
- Why do I still have to make the minimum payment?
The cashback is not processed as a payment and will not be recognized as such on the system.
- Do I have to pay back the cashback funds after it has been used?
No.
- Would I be charged a cash advance fee if I withdraw the cashback funds from my Aero credit card?
Yes.