What is a Cash Back credit card?

Cash Back credit cards give cash rewards to cardholders for making purchases with the card. A cardholder accumulates cash rewards based on the dollar amount of his/her purchases with that particular credit card over a period of time.

A typical cash back rate hovers around 1%. However, some cards offer a higher cash back percentage with increased usage and some offer a higher cash back percentage at select merchants. Many cash back cards offer cash back on purchases but do not offer cash rewards on balance transfers or cash advances.

Each cash back credit card is a bit different, so be sure to read the terms and conditions to find out what cash back percentage you can expect, whether there is a limit on how much can be accumulated in a year, etc. Be sure to thoroughly look over the terms and conditions for each specific card.

Most Recent Credit Card Articles:

• 2010-06-09  Techniques on Lowering Credit Card Interest

  Credit card companies have long been making all sorts of changes when it comes to their terms and conditions. The sad fact about this is that not too many clients are actually aware that these changes are taking place. This then should serve as motivation to be aware of the existing changes and then... (more)

• 2010-06-07  Strategies to Reducing Interest Rates

  Credit card companies have come up with rules and disclaimers saying that they hold the right to change some of their agreement terms as they see fit at any given time. These are strategically included in the fine print of your usual 32-page booklet. Yet, most people do not really pay attention to t... (more)

• 2009-07-26  Secrets To Get Low Interest Rate Credit Card From Current Provider

  You probably have heard many times that to get the best credit card, you need to do intensive research. It could be done online or offline. However, the thing is that you should not settle for one prospect provider or accept what seems to be an attractive offer. By taking time to do research, you wi... (more)

• 2009-07-24  Ways To Save Time In Search For Low Rate Credit Cards

  People who own a credit card can either enjoy its benefit or be threatened by its possible problem. The former happens if you know how to manage your debts. The latter will happen if the card will be abused and balances bloat. To maximize the use of the card, cardholders are looking for low rate cre... (more)

• 2009-05-23  The Two Faces of the Zero Percent Interest Credit Cards

  No matter how hard you would want to avoid incurring uncalled for credit card debt, this seems to be almost impossible with the skyrocketing credit card interests that come with each purchase you make using your plastic. Applying for a credit card with a zero interest rate may appear very appealing ... (more)