Make money spending money on your credit card
If you pay for goods with a cashback credit card, you get a certain percentage back for each £1 you spend. So that literally means you'll get paid for spending!
When deciding which one to go for, bear in mind that some cards have tiered rates of cashback. So if you spend more than say £10,000 a year on the card, you may qualify for a higher rate than if you only spent £1,000.
There's an easy way to get around this if you trust your partner. Take out an associate card which he or she can use. This means every £1 your partner spends will build up cashback on your card as well, increasing your total spend. Just be aware that you - and you alone - are still responsible for paying the entire bill, including anything your partner spends.
It can be hard to get your head around paying for even the smallest items with your cashback card, but it really is worth it when those pennies start to add up. And it's a great feeling handing over your card and knowing you're getting something back, too.
Finally, don't forget that purchases you make over £100 are covered under Section 75 of the Consumer Credit Act 1974, something you just don't get by paying by debit card.
So, in a myriad of ways, you really can be significantly better off. But make sure that you always pay off your balance in full each month - or the money earned in cashback will be negated by the interest you will have to pay on your debt.
To see the latest top cashback cards, go to The best cashback credit cards