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. Diners Club would pay the restaurant and the credit card holder would repay Diners Club.
- American Express issued their first credit card in 1958.
- Bank of America issued the BankAmericard (now Visa) bank credit card later in 1958.
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