Glossary Terms: Cash Back

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Cash Back

Rewards programs that offer a cash rebate incentive typically award a specified percentage of charges back to account holders. A 1% cash back reward on all purchases is industry standard, with some cards offering 2%,3%, or even 5% back on certain purchases.

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Cash Back Credit Cards: Get Up to 20 Cents Back for Each Dollar Spent

04 May, 2015

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