What is “cash back” in regards to credit cards?

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Like when a card says it offers a percentage of cash back

Wth does that even mean? If I borrow 200$, then I pay back 200$ or more, so what is cash back?

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15 Answers

Anonymous 0 Comments

Spend money on qualified purchases and get a certain percentage back. I run our business off mine, pay it off every month. I get thousands back in rewards every year. It shows up on my statement and can be applied to the bill or spent as usual.

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