I opened an account that offers cashback rewards for purchases.

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You should open an account that offers cashback rewards.

I opened a new account to take advantage of cashback rewards on my purchases.

Have you considered opening an account with cashback rewards?

If I hadn't opened that account, I wouldn't be getting cashback rewards.

I established an account providing cashback incentives for transactions.

I got an account that gives you money back when you buy stuff.

I opened a bank account that gives cash back.

To establish a financial account with a bank or other institution.

A refund of a percentage of the purchase price.