KATHMANDU: Celebrating the Nepali festive season, Nepal Investment Bank and its associate Visa member banks have announced 10 per cent cash back offer supported by Visa Worldwide to Visa cardholders in Nepal to encourage the purchase habit of cardholders through point of sales.

Under this scheme, Visa domestic cardholders will redeem flat 10 per cent but not exceeding Rs 1,000 cash back per day on total purchases, as per a media release. This cash back offer will be credited into the cardholder’s account for the transactions made through their Visa cards at point of sales.

To be eligible, cardholders must buy minimum of Rs 500 per transaction at retail outlets and restaurants through Visa card issued by Century Bank, Global IME Bank, Kumari Bank, Mahalaxmi Development Bank, Mega Bank Nepal, NCC Bank, Nepal Investment Bank, Rastriya Banijya Bank, Sanima Bank and Tourism Development Bank.