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A cash credit card, or a cash back credit card, offers the benefit of receiving a percentage of your spending back in the form of cash. Typically, a cash back card offers between 1% and 5% cash back on all purchases, though some cards offer higher rates for specific categories of spending, like groceries or travel. The cash back you earn is usually applied as a statement credit or deposited into your bank account at the end of each billing cycle. Cash back cards also usually offer some other benefits, like purchase protection, extended warranties, and Travel Insurance.
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Which credit card is most suitable?
Most banks offer great credit card benefits including travel benefits, hotel discounts, cash back schemes and much more. You should check with your bank which credit card offers the most benefits.
What does cash back facility mean for credit card?
Yes, most of the banks offer cash back facility as a credit card benefits. It basically means that you get discounts on purchases and utilities.
Are discover card rewards worth it?
Discover card rewards offer credit card rewards such as cash back and airline mileage. You have to compare each credit card to see which card has the best benefits for you.
What kind of benefits does a cash back card offer?
You can enjoy great credit card benefits with a cash back card. It offers major discounts on purchases of all kinds. You can get redemption on utility bills also.
What is the annual fee for the Chase Visa credit card?
There is no annual fee for the Chase Visa credit card. That is one of the benefits you receive from the card. They offer many benefits along with the Chase Visa credit card.
