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CASHBACK repayment frequency is 12 months, the actual CASHBACK, subject to repayment, is transferred to the Cardholder upon collection of taxes, specified by the RA legislation.
*The cash withdrawal transactions, card-to-card transfers, utilities payments, payment of utilities, payment of utilities to the Bank with a regular payment order, out-of-country payment transactions (including online payments on non-Armenian websites), as well as transactions with electronic wallets, registered in the Republic of Armenia and payments in the offices of mobile operators, are not considered to be payment transactions.s