History: BankAmericard

01/04/2022 20 min
History: BankAmericard

Listen "History: BankAmericard"

Episode Synopsis

In September of 1958 Bank of America mailed 60,000 fully functional credit cards to residents in Fresno, California. While the consumer credit card is ubiquitous today, at that time it was met with resistance and was anything by profitable for the bank at first.