Does CVS do Cash Back?

Sometimes it is just more convenient to get cash back at the store rather than an ATM, so does CVS do cash back in 2018? Yes, CVS will do cash back. However, you are not able to get more than twenty dollars cash back. In fact, most stores that offer cash back will not allow more than twenty dollars back. This is believed to be the case because cash registers only carry a certain amount. The availability of bills is thought to be the reason you are only able to get twenty back.

What is CVS?

CVS or as many of us know it as CVS Pharmacy is an American retail and health care company. CVS Health is headquartered in Woonsocket, Rhode Island. CVS was also known as the Consumer Value Store before simply referring to CVS. The original Consumer Value Store was founded in Lowell, Massachusetts back in 1963. The original owner of the company was Melville Corporation. This was until 1996 when CVS Health was spun into its own company. Currently CVS is the largest pharmacy chain in the United States.  In 2016 there were over 9,600 stores.

CVS is a store that sells prescription drugs as well as general merchandise. There are over-the-counter drugs, beauty products, and even cosmetics. CVS also offers film and photo services, seasonal merchandise, greeting cards, and many convenience foods.

CVS is often compared to the store Walgreens but there are many differences. While both appear the same, however, CVS has a different view than Walgreens to investors. Walgreens has a clean financial track whereas CVS has gone through different ownership and that makes its record a little less predictable.

Locations

There are many locations of CVS Pharmacy. CVS is located all over the United States. With over five stores in each state. Each store is relatively the same with what they sell. However, each store is going to have their own preferences due to location. For example, a CVS in Wisconsin might not have the same products exactly as a state such as Florida. The things that are sold by stores are what are in demand in that area at that time. Each state has their general items and those that are specific to the location.

What is Cash Back, How Does it Work?

Cash back in a store is going to be when you are checking out in line at a grocery store or even a gas station. You simply receive your total and swipe your card. Once you have swiped your card, the option of do you want cash back will appear. If you do want cash back you will click yes otherwise simply hit no. However, keep in mind that if you are going to get cash back you can only get, $5, $10, $15, or $20 back. This is because of the bills that are in the cashier’s drawer. If they run out of bills, they will not be able to continue working their shift with that drawer or without getting more bills. The availability of the bills is why you can only get a maximum of twenty dollars back at one time.