right

Credit cards that offer a reward scheme have become quite popular. Around 21 % cardholders have a credit card that gives them the option of cash back while just 17 % have cards with 0 % interest. These figures have been revealed by bankers Morgan Stanley. Another 15 % of the people collect reward cards like Goldfish; these are point based high street reward cards. Approximately the same percentages of people pick up points to be used with a particular partner, like Amazon.



When it comes to perks of credit cards, the over - 50s are the quickest off the mark. It is found that 0 % deals are the most liked amongst youth. Nearly 18 % of the people below the age of 30 have one in their wallet, while only 17 5 of the people in the age group of 30 - 50 have one. In the case of people above 50 the percentage comes down to 16 per cent.