Alright, look, you've heard of a credit card and chances are you even have one in your wallet. 

But, do you really know how it works?

Well, while this may seem like an obvious question, there's a bunch of perks you can get in on when using a credit card.

In our 60 seconds (or so) special series, we break down what a credit card is and what it does. 

Here's the gist - It's different than your debit card--which is directly connected with your bank account. 

Instead, a credit card allows you to borrow money--or credit, if you will--to make purchases. 

But there's more to it than just borrowing money.

As we already mentioned, credit cards come with various perks--such as cash back or rewards points, which you can turn in for various rewards, based on your credit card. 

Watch the video to learn more.

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