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In 1950 Diners Club issued its first credit card to let businessmen charge meals. It was pasteboard with a list of the 27 restaurants that accepted it printed on the back. The first plastic card was issued in 1955.



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Additional Reading

Convenience Can Be Costly
Outlines the extra fees associated with using credit card cash advances and "convenience checks".

Five Credit Card Billing Problems and How to Fix Them
It goes without saying that your first and best defense against paying fraudulent or unfair charges on your credit card is knowing what your bill says! When you receive your credit card statement each...

Making Money with Credit Cards Instead of Spending Money
Is it possible to actually make money with credit cards instead of just using them to spend money? Well, of course for the large credit card companies and banks. But how about for the average person?...



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