What was the first credit card?


What was the first credit card?

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Avijit Das 1 year 1 Answer 198 views Gold 0

Answer ( 1 )

  1. Diners Club was the first credit card.

    As per Wikipedia “Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services. Formed in 1950 by Frank X. McNamara, Ralph Schneider, Matty Simmons, and Alfred Bloomingdale, it was the first independent credit card company in the world, and it established the concept of a self-sufficient company producing credit cards for travel and entertainment. Diners Club International and its franchises service individuals from around the globe with operations in 59 countries.”

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