Cashbacks and reward points: There is no such thing as a free lunch

These benefits come with so many conditions and stringent deadlines that you have to shop or travel often to avail of them

Did you just get an SMS that a cashback of Rs 3,000 has been deposited into your online wallet? Well, before rejoicing check the details. To avail of the Rs 3,000 benefit, you may just have to spend another Rs 10,000 – yes, suddenly the deal doesn’t sound so cool.   

Free money is something that everyone looks for when shopping online. We try to garner cashbacks and reward points to reduce our shopping bills. But as the saying goes, there is no such thing as a free lunch. All these rewards, cashbacks and other promotional tools come with strings attached,