What context can I use each word in?
Learn when and how to use these words with these examples!
rebate
Example
The company offered a $50 rebate on the purchase of their new product. [rebate: noun]
Example
I will rebate you 10% of the total cost as a thank you for your business. [rebate: verb]
credit
Example
I received a credit of $100 on my account for referring a friend. [credit: noun]
Example
The bank credited my account with the deposit I made yesterday. [credited: verb]
Good things to know
Which word is more common?
Credit is more commonly used than rebate in everyday language, as it is a versatile term that covers a wide range of financial transactions. Rebate is less common and is typically used in the context of sales and promotions.
What’s the difference in the tone of formality between rebate and credit?
Credit is a more formal term than rebate, as it is widely used in financial and accounting contexts. However, both terms can be used in both formal and informal settings depending on the context.