I learned some interresting history the other day. Here’s the blame list for credit cards:
*Diner’s Club was the first charge card. It did not, originally, allow balance carry month-to-month.
*First Interstate Bank created MasterCard.
*Bank of America created Visa.
*Sears created Discover and it is still owned by Sears Holding Corp it’s shadow parent company in [...]

[Read more →]