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The cashback is available on purchases but not cash advances, bill payments or foreign exchange.
But while deals offering generous cashback upfront may seem appealing to cash-strapped borrowers, brokers generally advise against them because there is invariably some kind of trade-off.
With a cashback mortgage, you receive a lump sum upfront, in return for agreeing to be locked in to a particular rate for a pre-set period.
Use your debit card where you can and make the most of cashback offers at the supermarket and elsewhere.
The scheme offered cashback on half the cost of a new computer - up to a maximum of £500.
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