Learn more about moneyandinvestments with this collection
Identifying and eliminating unnecessary expenses
How to negotiate better deals
Understanding the importance of saving
The Shape of Credit Cards
Credit cards were not always been made of plastic. Throughout history, there have been credit tokens made from metal coins, metal plates, and celluloid, metal, fiber, paper and now mostly plastic cards.
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303 reads
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Diners Club Credit Card And American Express
- In 1950, the Diners Club issued their credit card in the United States. The Diners Club credit card was invented by Diners Club founder Frank McNamara as a way to pay restaurant bills (1950). A customer could eat without cash at any restaurant that would accept Diners Club credit cards. Dine...
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184 reads
The Popularity of Credit Cards
- Credit cards were first promoted to traveling salesmen for use on the road. By the early 1960s, more companies offered credit cards by advertising them as a time-saving device rather than a form of credit. American Express and MasterCard became huge successes overnight.
- By the mid-70...
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186 reads
Credit Cards: The Beginning
- The use of credit cards originated in the United States during the 1920s, when individual firms, such as oil companies and hotel chains, began issuing them to customers.
- References to credit cards have been made as far back as 1890 in Europe. Early c...
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1.71K reads
First Bank Credit Card
The inventor of the first bank-issued credit card was John Biggins of the Flatbush National Bank of Brooklyn in New York.
In 1946, Biggins invented the "Charge-It" program between bank customers and local merchants. The way it worked was that merchants could deposit sa...
43
208 reads
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The Popularity of Credit Cards
- Credit cards were first promoted to traveling salesmen for use on the road. By the early 1960s, more companies offered credit cards by advertising them as a time-saving device rather than a form of credit. American Express and MasterCard became huge successes overnight.
- By the mid-70...
The rise of NFTs
The sale of Mars House marks the beginning of a new era, referred as hybrid reality, made possible most notably by the creation of NFTs, non-fungible tokens.
Our grandmothers collected plates and now, we can collect memes.
NFTs are becoming increasingly popular in th...
Convenience In The Pocket
The initial card offered by Diners Club didn’t involve revolving credit, and the dues were to be paid off in full by the end of the month. The credit cards that we see now came much later.
Initially targeted at salespeople, the company started charging a $3 annual fee and also charged ...
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