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The first credit card accounts were approved on vibes and word of mouth!
Sources:
Frankel, Robin Saks, et al. “History of Credit Cards: When Were Credit Cards Invented? – Forbes Advisor.” Forbes, 5 March 2025, https://www.forbes.com/advisor/credit-cards/history-of-credit-cards/.
Luthi, Ben. “The History of Credit Cards.” Experian, 9 March 2024, https://www.experian.com/blogs/ask-experian/the-history-of-credit-cards/.
Musinski, Bob. “The History of Credit Cards.” U.S. News & World Report, 16 June 2023, https://money.usnews.com/credit-cards/articles/the-history-of-credit-cards.
By Hypnotic HistoryThe first credit card accounts were approved on vibes and word of mouth!
Sources:
Frankel, Robin Saks, et al. “History of Credit Cards: When Were Credit Cards Invented? – Forbes Advisor.” Forbes, 5 March 2025, https://www.forbes.com/advisor/credit-cards/history-of-credit-cards/.
Luthi, Ben. “The History of Credit Cards.” Experian, 9 March 2024, https://www.experian.com/blogs/ask-experian/the-history-of-credit-cards/.
Musinski, Bob. “The History of Credit Cards.” U.S. News & World Report, 16 June 2023, https://money.usnews.com/credit-cards/articles/the-history-of-credit-cards.