Ever wonder how long our society has been reliant on credit cards? While the concept of credit has been around for thousands of years, credit cards are far more recent of a phenomenon. The first type of credit card appeared in the early 1910s as a department store card, limited to purchases made at a specific store or location. The general use credit card took another 40 years to develop. In 1950, Diner’s Club introduced the first credit card used at multiple stores. Of course, this card could only be used at restaurants, but it was the first time that … Continue reading →