Are there really cash rewards in credit cards? Please explain them to me.
Cash rewards do not simply mean you will get Cash. NO.
A cash reward credit card is a credit card that offers cashbacks on your transactions. This cashback is a certain percentage of the total amount spent. Cashback also differs for the types of transactions.
For example, if you spend on groceries, you will get lower cashback as compared to spending on an electronic item.
The bottom line is, a cash rewards credit card is a card that offers cashbacks which can be redeemed as gift cards, as account transfer in your bank or credit card account.
Please note, it is just one of the features of a credit card. You should look at other benefits as well before finalizing the right credit card for yourself.
Cheers!