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

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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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• 0:00 – Intro
• 0:20 – What is a cash back credit card?
• 1:47 – Main types of cash back cards
• 4:35 – Redemption Options

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