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Reply #37: Credit cards, in the form of Visa [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

SheilaT

(1000+ posts) Send PM | Profile | Ignore

Thu Sep-25-08 09:34 PM
Response to Original message

37. Credit cards, in the form of Visa

(originally Bank of America Card) and Master Card came into widespread use by the early 1970's. American Express, Diner's Club, and Carte Blanche have been around since the 1950's. But the constant use of credit cards instead of paying cash or writing a check has grown very much for about the past twenty years.

I first started using an ATM around 1980, and not all banks had them then. I could not persuade my sister that she ought to make use of them until some time in the late 90's.

And yeah, before ATMs you had to plan ahead for whatever cash you might need for the weekend.

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