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The concept of using a card for purchases was invented in 1887 by Author Edward Bellamy and described in his utopian novel "Looking Backward". Bellamy uses the explicit term "Credit Card" eleven times in his novel.



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Additional Reading

Why Credit Cards are a Bad Idea
Credit cards are just so convenient, aren't they? There's no need to carry any money with you ever again: you can just take one with you to the shop and pay the exact amount just by handing it over. I...

Cash Back vs. Rewards Credit Cards
So you have decided on that a credit card company should be lucky enough to gain your custom. But with a credit history as good as yours what credit card do you apply for? Will it be the cash back c...

7 FAQs when You Apply for a Credit Card
There are so many credit cards out there to choose from that deciding which one to get can feel really daunting. What makes one offer better than the hundreds of others you've seen? Here are top 7 FAQ...



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