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I think that Bank of America was the first to issue a BankAmeriCard. It was a revolution in creating a plastic payment method as I recall on a show on the Discovery Channel.

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โˆ™ 2005-10-17 01:03:24
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Q: When was the first credit card issue?
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What was the first department store credit card?

John Wanamakers in Philadelphia, PA was the first department store to issue a credit card. Prior to that some stores offered 'open credit' to customers. They would pay the bill in full each month for what they bought. Wanamakers came up with the idea to issue a credit limit and credit card and allow customers to pay in full or over time, but not exceeding their credit limit.

Where can one get advice on credit card debt consolidation?

Since the very beginning, when credit cards first came out, people have gained debt on their credit card. Some people actually have very heavy credit card debt. Going to a therapist will help with this issue.

Can i buy a Lowe's gift card at Walmart using my Walmart credit card?

You should be able to do this. Usually the only issue is paying a credit card bill with a credit card.

What do you do if you lost your credit card?

Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.

What kind of credit cards does First PREMIER Bank offer?

First PREMIER Bank has a standard credit card. They also have a gold credit card, a classic credit card, a PREMIER Possibilities credit card, a PREMIER Forward MasterCard credit card, and a secured credit card.

How does a lender use a credit card?

A lender can use a credit card in various different ways. They lender can issue the credit card and make money from the interest. The lender can also take credit card payments from the borrower.

How do you write a letter for issue of the credit card?


Could the rejections of my credit card be an issue with the restaurants' credit card processor?

It maybe related to the credit card processor, or there could be a problem with your card as well. You could ask the restuarant what credit card processor they use, it might be on their POS terminal.

Will declined credit card transaction affect your credit rating?

How embarrassing! It is more like a red flag (to you) that you have an issue with the credit card company. It could be in error, but it may also mean that you have met or exceeded your limit. Contact the credit card company as soon as possible to solve the issue.

What credit card was first?

Diners Club, which was techincally a charge card is usually considered the first credit card.

Can you re-open a credit card once closed?

Credit card companies will not reopen a credit card account once it has been closed. The company will issue a new credit card and new account if it wishes to do business with the person.

When was the first credit card invented?

the credit card was invented in 1950

What is a First Savings credit card?

A First Savings credit card is a credit card that you can get if you have really bad credit. However, the interest rate is almost 30% so it isn't worth it.

Who introduced America's first credit card?

America's FIRST credit card was introduced by "Diner's Club"

What should be your first credit card?

American Express. Beastly Credit Card.

What was the first credit card?

dinous card

How can one acquire a Visa credit card?

A visa credit card can be acquired through a person's local bank. The bank will check a person's credit score, determine their credit limit, and issue the card. The interest rate with depend on the credit score of the applicant.

Would a credit card company reissue a card to a surviving spouse with a low income?

No, a creditor would not issue a card or extend credit on the account of a deceased spouse. The creditor might be willing to issue a card to the surviving spouse based on his or her own financial situation.

How can I report my capital credit card stolen?

You would have to call the customer service of your Capital One credit card company. They can cancel your card and issue you a new card that will arrive in a few weeks.

What country had the first credit card issuer?

The United States had the first credit card issuer, Diner's Club.

How can the facility of credit cards be obtained?

You can contact any credit card issuing bank with a valid address, identity and income proof and request for issue of a credit card. If you do not have a credit history, the bank may give you a secure credit card which will be linked to a deposit account.

Is PayPal a credit card?

No, a PayPal account is not a credit card. You can register your own credit card details with PayPal and they act as an "intermediary", taking money from your card to pay sellers for your online purchases. PayPal do offer their own credit card now as well, but that is an entirely separate issue from a PayPal account.

What do you do if someone gets a hold of your credit card number?

First thing you do is call the card 1-800 number listed for that card and report a lost card. They will cancel the card and issue you a new one. Next, you contact the police and get a report and finally you order a credit report to make sure that there isn't more to this.

What companies issue credit without personal credit checks?

Credit Card with high interest rates or high annual fees!!!

Where do I go to get my first Premier credit card?

If one wishes to have a First Premier credit card it is possible to apply for a card online. One can visit the First Premier website and click on 'apply for a credit card today'. One can also apply from the My Premier Credit Card website by simply clicking on apply now.