What is a cash-back credit card?

A cash-back credit card is a type of credit card that gives a certain percentage of the money spent back to the cardholder in the form of a rebate, or cash-back reward. This rebate can be in the form of a check, a statement credit, or even a deposit into the cardholder’s bank account. The amount of cash-back you can receive will vary depending on the credit card issuer and the cardholder’s spending habits. In Colorado, credit card companies must abide by the Uniform Consumer Credit Code, which sets rules for how they can market their products, how they can collect payments on them, and other important consumer protections. This law also states that credit card issuers must clearly disclose to consumers the cash-back terms associated with their credit card before they sign up. Money saved from cash-back rewards can then be used for other purposes, such as paying bills or investing.

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What is a cash-back credit card?

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