Credit cards go all the way back to the 1920s when gas companies and hotels issued them to pull in customers to their establishments. In the 1950s, Diners Club and American Express began issuing universal cards to select customers. With an American Express card, a card holder could make purchases at any establishment that accepted the card. Bank cards didn't put in an appearance until the 1960s, but at least during the early years banks required a certain lev...
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