Polytechnic

The personal brain-dump of Garrett Coakley

A visual history of the credit card

Fascinating insights via this visual history of the credit card from thebigmoney.com.

The first bank credit card, the BankAmericard, was unveiled when Bank of America gave out 60,000 unsolicited cards in Fresno, Calif., in 1958. Unlike in the past, when getting a loan might have meant taking a trip to the bank’s basement, this card was a ticket for anyone to spend freely and decide when was best to pay it back.

Times have changed that’s for sure.