Many people have more than one of these: credit cards. These plastic cards are close to replacing cash and coins whenever anyone needs to buy or pay for something. In many countries, electronic or payments through credit or debit cards are actually preferred and advised.
Aside from knowing the limit of your credit cards and keeping track of how many times you’ve used in recent weeks, there are other facts about these plastic cards worth knowing about.
Facts About Credit Cards Worth Knowing About
Although these facts are not as important to you personally as knowing the expiration date of the card or when your monthly bill is due, it would still be worthwhile being aware of these interesting details about credit cards:
• The credit card was conceived by the founder of Diner’s Club, Frank X. McNamara. The idea of using a credit card came to him when he was having dinner at a restaurant and realized that he forgot his wallet.
• The first credit cards could only be used in 14 restaurants in New York.
• In 1950, Diner’s Club became the first company to offer credit cards that can be used in multiple establishments.
• American Express was the first to introduce plastic credit cards in 1958. They also introduced the first credit card made of anodized titanium or the highly-exclusive Centurion card or also informally known as “the black card”.
• In 1983, MasterCard introduced the first credit card hologram in an effort to stop counterfeiting and other related illegal operations.
Info source: www.cbd.ae
Aside from knowing the limit of your credit cards and keeping track of how many times you’ve used in recent weeks, there are other facts about these plastic cards worth knowing about.
Facts About Credit Cards Worth Knowing About
Although these facts are not as important to you personally as knowing the expiration date of the card or when your monthly bill is due, it would still be worthwhile being aware of these interesting details about credit cards:
• The credit card was conceived by the founder of Diner’s Club, Frank X. McNamara. The idea of using a credit card came to him when he was having dinner at a restaurant and realized that he forgot his wallet.
• The first credit cards could only be used in 14 restaurants in New York.
• In 1950, Diner’s Club became the first company to offer credit cards that can be used in multiple establishments.
• American Express was the first to introduce plastic credit cards in 1958. They also introduced the first credit card made of anodized titanium or the highly-exclusive Centurion card or also informally known as “the black card”.
• In 1983, MasterCard introduced the first credit card hologram in an effort to stop counterfeiting and other related illegal operations.
Info source: www.cbd.ae
Informative thoughts.
ReplyDeleteI am a finance broker in Dubai, I am searching for this type of article for more study. It is very useful for my clients and me.
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