Tips for managing your credit cards Part-1

The Beginning of the Credit Card Era

In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York City. From that modest beginning, credit cards have become an indispensable part of modern life. Consumers rely on credit cards to help them achieve their lifestyle goals by letting them take advantage of special bargains, spread payments out over several months, and provide cash in emergencies. Credit cards have become so widespread that they are often accepted as a piece of primary identification.

Getting the most from your credit cards involves four main steps:

Use your credit cards wisely.
Protect yourself against fraud.
Review your credit history regularly.
Get the right card for your needs.

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