What is a cash-back credit card?

A cash-back credit card is a type of credit card that rewards its users for making certain purchases. With each purchase, the user earns cash back, typically credited towards their account balance or added to their available credit balance. In Oregon, credit card laws are listed in ORS 725, which covers the terms of credit card agreements, rights of debtors and creditors, and other related topics. According to ORS 725, Oregon consumers are allowed to use cash-back credit cards and receive rewards such as cash back for making purchase. These rewards can be used for other types of purchases, can be applied as a payment towards the balance, or can be withdrawn as cash. However, these cards typically come with higher interest rates and may have restrictions on where the cash-back can be used. It’s important to read and understand the terms of the card before signing up to make sure the cash-back rewards can be used in the way that is most beneficial to you. Additionally, make sure to keep your account in good standing and pay off the balance each month to avoid interest and late fees.

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What is a cash-back credit card?

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