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Fortune
Fortune
Ivana Pino

Smart ways to use your cash back rewards

Photo illustration of a woman holding a credit card and using her laptop to find cash back opportunities. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

Credit cards are a valuable financial tool that can make it easier to afford some of life’s more expensive purchases and show prospective lenders that you’re a trustworthy borrower. One other major perk: credit card rewards. 

When you pay with plastic, many card issuers will reward you in the form of miles, points, or cash back. These rewards can often be redeemed for travel, entertainment purchases, gift cards, statement credits, and more. 

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