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You need a cash-back credit card. We look at six popular options, including the benefits and drawbacks of each one, to help you decide which of these cash-back credit cards is right for you.
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. Credit cards are one of the most widely used forms of payment across the world.
Cash back credit cards offer a percentage of cash back on each dollar you spend, with some cards offering a higher rate in select categories, like groceries or gas.
Cashback may refer to: Cashback (film), two films directed by Sean Ellis. Cashback reward program, a small amount paid to a customer by a credit card company for each use of a credit card. Cashback website, a site where customers can earn cash rebates on online purchases that they make.
There are a number of types of payment cards, the most common being credit cards, debit cards, charge cards, and prepaid cards. Most commonly, a payment card is electronically linked to an account or accounts belonging to the cardholder.
For example, do you want a card you can use for everyday spending and get rewarded with cash back? Are you a college student trying to build credit? A card decision is never one size fits all.
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