Credit Card Glossary
Cash Back Program
Cash Back is a program where the card issuer refunds a portion of the cost of your credit card purchases to you. Of course this type of offer is also fraught with conditions and limitations. Some cards will offer to pay you a dollar on every item you charge while others will rebate you at a higher rate if you charge more on the card.
In addition your credit card company can also limit how much you can be refunded annually and within the fine print the card issuers reserve the right to change the rules and conditions of the cash-back program whenever they choose.