What Is a Cashback Credit Card?

D

The correct answer is A. Reward credit card.

A reward credit card is a type of credit card that combines traditional credit card features with additional incentives, such as cash back, points, or air miles, that can be redeemed for various rewards. These rewards are typically based on the cardholder's spending habits, and they can accumulate over time, allowing the cardholder to earn benefits from their regular purchases.

A co-branded credit card, on the other hand, is a credit card that is offered in partnership between a bank and a retailer, airline, or other company. These credit cards typically offer rewards and benefits that are specific to the partner company, such as discounts on purchases, exclusive access to events, or loyalty points that can be redeemed for partner products or services.

Merchandise rebates, which is option C, refers to a type of incentive offered by some credit cards and other payment methods where a portion of the purchase price is returned to the cardholder in the form of a rebate. This rebate is often offered in the form of a credit that can be used to offset future purchases.

Therefore, the correct answer is A. Reward credit card, as it best describes a credit card that combines traditional credit card features with additional incentives, such as rebates and air mileage. Option B, co-branded credit card, may also offer rewards, but these are specific to the partner company. Option C, merchandise rebates, is a different type of incentive that may be offered by some credit cards, but it is not the same as a reward credit card. Option D, both A and B are one and the same, is incorrect because reward credit cards and co-branded credit cards are two different types of credit cards.