Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Pontiac

Diner’s Club? What’s that? Seriously, Diner’s Club has never been a player in credit card circles. It never was accepted very many places. I don’t know its rules; I never had one. Probably the ONLY credit card I’ve never had. I think it was used by traveling saelsmen only. Never widely held.


39 posted on 10/09/2010 12:25:12 PM PDT by afraidfortherepublic (Southeast Wisconsin, Zone 4 to 5)
[ Post Reply | Private Reply | To 28 | View Replies ]


To: afraidfortherepublic
Diner’s Club was the first universal credit card and used by higher income people that traveled frequently and probably was the most held credit card up in to the late sixties.

Strictly speaking it was not a credit card because the balance on the card was due on receipt of the bill.

Visa and American Express did not show up until 1958, Master Card in 1966. So through most of the 50’s they had a monopoly and momentum carried them through most of the 60’s.

41 posted on 10/09/2010 1:07:30 PM PDT by Pontiac
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson