The first credit cards were given out in 1950 to just 200 people. They were only accepted in 14 restaurants in New York.
Source: About.com (http://history1990s.about.com/
od/1950s/a/firstcreditcard_1.htm)
If you pay off your bill in full each month, you may benefit from a cash back credit card, which gives you a percentage of the amount you have spent on you card back to you as credit on your card to spend at a later date.
The more you spend on your credit card, the more cashback you will earn. Likewise, the higher percentage of cash back offered by the provider, the higher the returns you will get from your credit card spending. Read more...>
![]() |
|
|
![]() |
|
|---|---|---|---|---|
|
Amex Platinum CashbackGreat Cashback Offer |
19.9% | Up to 5% Cashback |
|
| ** Up to 5% cashback, great protection & service ** | ||||
|
Capital One World1% cashback on all purchases |
19.9% | 1% Cashback |
|
|
Barclaycard Gold0% on balance transfers until September 2011 |
19.9% | Barclaycard Freedom - a NEW rewards programme like no other |
|
| ** Low 2.5% admin fee ** | ||||
![]() |
![]() |
![]() |
||
Different credit cards offer different percentages of cash given back to your account, in some cases up to 5% of what you have spent ,so it is well worth comparing credit card deals on the market to make sure you get the most of your bonus scheme.
Cash back credit cards usually credit the amount earned back to your account. When choosing a cash back credit card, it is worth considering whether this will occur on an instant, monthly or yearly basis.
Need help sorting out your finances? Our tools and calculators
can help...