the richest man in atherstone

Cashback Credit Cards are one of the best things I have discovered since taking control of my finances. Basically, the credit card company pays me for using the card. I earned almost £100 last year of free money by using my cashback credit card for purchases.

Of course, I have to make sure I pay off the balance each month or they start charging me instead of paying me.

I currently own two credit cards; a Morgan Stanley Platinum Card which gives me between 0.5% and 1% cashback, and a GE Money Everyday Card (now withdrawn) which gives me 3% cashback for petrol and groceries and 0.5% on everything else.

Thanks to the excellent newsletter from money saving expert, Martin Lewis I have discovered that Capital One are now offering a Credit Card that pays an excellent 4% cashback - although only for the first 3 months - and a very respectable 1% thereafter.

This looks like a fantastic deal, so I applied for the card over the Internet and received a formal offer a few days later. I have signed the agreement and posted it off and now eagerly await my new credit card. It is perfect timing as well because I have a few large purchases to make over the next month or two.