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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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Geraldine Sebetso

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1y ago
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7y ago

A cash back credit card allows you to get back a certain percentage of the cash spent on purchases, dining, education and telecom expenditure. It is a good credit card to have.

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Q: What kind of benefits does a cash back credit card offer?
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