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.
Ready to Retire: The Biggest Threat to Your Retirement? Check Your Basement
Ask the Expert: Cannabis One CEO Believes Now Is theime to Invest in Cannabis
TheStreet Feature: Here's Something Investors May Be Missing About the Drone Revolution
Catch Up: Today's Top News Videos Below