Cash back cards work like any other card, except you can get cash back on your purchases. The credit may take several days or weeks before it shows up in your account depending on which credit card company you use.
Some credit card issuers require you to have a minimum amount of cash back and pay your credit card bill before automatically depositing the money into your account, applying it as a statement credit or receiving it in a specified form.
Some companies allow you to transfer your cash back into a designated bank account. If this is the case, it’s sometimes an option that only appears after reaching a minimum threshold for redemption.
If you use your cash back credit card for travel expenses, then it’s likely the company offers a statement with several different types of redemption options.
If you’re trying to do some good and still earn rewards, this option is a great way to combine those goals. However, there is usually a transaction fee taken out.