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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Anonymous 0 Comments

You get given money for using your credit card. So if it’s 1% cashback you would get given $1 for every $100 you spend

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