Credit card rewards points have become a popular way for consumers to earn valuable perks like cash back and free travel. But did you know you can unlock even more value from your points by converting them into cash? Companies like PointsPay allow you to cash out your credit card rewards for real money. How Cash Back Rewards Cards Work Let's first understand how cash back credit cards work. These cards give you a percentage return on spending - often 1-5% back - either as a statement credit or reward points. For example: · Spend $1,000 on a 2% cash back card = Earn $20 cash back · Spend $5,000 on a card earning 1 point/$ = Earn 5,000 points On the surface, a $50 cash statement credit seems simpler than 5,000 points. But these reward points can be redeemed for the same $50 of value or more if transferred to airline and hotel partners. This flexibility provides opportunities to increase the value of your points if managed properly. Airline and Hotel Co-Branded Credit Card...