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Cashback, Rebates, Airline Miles/Points Reward, Hotel Points Reward, Credit Card Points Reward Comparison for Online Shopping Cash back, also known as “cashback,” refers to two types of financial transactions related to credit and debit cards that have grown increasingly popular in the last two decades. Ramp reports that cashback credit cards return a percentage of purchases as rewards, which can be redeemed in various ways, depending on the issuer. AOL: 7 best cashback credit cards to save on groceries, gas and more 7 best cashback credit cards to save on groceries, gas and more
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