A cash back credit card allows you to earn a percentage of your card spending back and you can redeem your rewards in the form of cash, statement credits, travel booking, gift cards and more.

Some card companies allow you to redeem your rewards for statement credits, which you can use to reduce your balance. If your program doesn’t offer statement credits, simply have the cash ...

Learn more here. Travelers may be able to get more value from their rewards by avoiding cash back redemptions. Find out why I prefer to redeem my credit card rewards for travel instead of cash.

with a cash back card, you simply redeem your cash back as you earn it, or once you reach a low minimum threshold like $25. There’s no hoops to jump through or waiting potentially months or ...