A Brief History of the Credit Card [Infographic]

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That piece of plastic (or metal) in your pocket or purse has been a long time in the making. Here are a few major milestones in the evolution of the modern credit card.

List of 10 things to know about credit [Infographic]

About the author:

Sean P. Egen

After realizing he couldn’t pay back his outrageous film school student loans with rejection notices from Hollywood studios, Sean focused his screenwriting skills on scripting corporate videos. Videos led to marketing communications, which led to articles and, before he knew it, Sean was making a living as a writer. He continues to do so today by leveraging his expertise in credit, financial planning, wealth-building, and living your best life for Credit One Bank.

This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.

An Abbreviated History of Credit Reporting

The year was 1899. The Great Blizzard of 1899 hit America with snow, ice, and bitter temperatures falling as far south as Florida. Gold discovered in Nome, Alaska, kicked off the Klondike Gold Rush. In the White House, President William McKinley continued to deal with the Spanish-American War.

Woman reviewing her credit score and credit reports on tablet device

The Differences Between Credit Scores, Reports & Reporting Agencies

As credit scores have become more available and accessible, consumer interest in them has grown—but so has consumer confusion. Most people don’t understand the differences between credit scores, and many don’t know the difference between credit scores and credit reports. Throw in credit reporting agencies, and it gets even more confusing.

Is there such a thing as having too many credit cards?

How Many Credit Cards Are Too Many?

Credit cards can increase your purchasing power. Just one credit card can give card members a convenient way to buy big-ticket items, cover emergency expenses, and pay for vacations without tapping into their checking or savings accounts. Multiply that power by three, and it might seem excessive. But not to everyone.

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A Brief History of the Credit Card [Infographic]

An Abbreviated History of Credit Reporting

The Differences Between Credit Scores, Reports & Reporting Agencies

How Many Credit Cards Are Too Many?