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CreditCards.com

CreditCards.com

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Cash Back Credit Cards: How Do They Work? (EXPLAINED)

Video Overview & Insights

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▮▮▮▮ MORE INFO

Full Article - How Cash Back Credit Cards Work:

https://www.creditcards.com/credit-card-news/cash-rebate-credit-cards-1277/?utm_source=youtube&utm_medium=video&utm_campaign=explainer&utm_content=Dd3uLrgJATo

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This video is an overview video that discusses the in’s and out’s of cash back credit cards. These are a subcategory of rewards credit cards. There are three main types of cash back credit cards: (1) flat-rate (2) bonus categories (3) tiered. A few examples of flat-rate credit cards are the Citi® Double Cash Card and Capital One Quicksilver Cash Rewards Credit Card. An example of a bonus category card is the Chase Freedom Flex℠. And, a good example of a tiered card is the Chase Freedom Unlimited® and Bank of America® Cash Rewards credit card. Cash Back Credit Cards: How Do They Work? (EXPLAINED)

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At CreditCards.com, we create honest, accurate, and objective content to help you make more informed decisions. To support our work, we are paid for providing advertising services. The compensation we receive and other factors may impact what ads and links appear on this page, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, this page does not include information about every product or service that may be available to you. And your actual offer terms from an advertiser may be different (e.g., subject to additional terms) than the offer terms on this page. All information is presented without any warranty or guarantee to you. For more information, please see our website. The editorial content on this video is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers.

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▮▮▮▮ TIMESTAMPS

• 0:00 - Intro

• 0:20 - What is a cash back credit card?

• 1:47 - Main types of cash back cards

• 4:35 - Redemption Options