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Credit cards have been around since the 1950's. Businesses began offering their customers cards so that they could pay for all their purchases with one single bill at the end of the month. Many shops still offer these "store cards".

As the use of cards grew in popularity, groups of businesses got together to introduce general purpose credit cards. The "Diner's Club" card was one of the first, allowing you to purchase meals in restaurants around the the world.

Nowadays, there are hundreds of different cards available, many of which seem to be begging us to become customers.

how do credit cards work?

further info

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