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Entries Tagged as 'Mastercard'

Pre-Paid Credit Cards Not Covered by New Credit Card Legislation

July 1st, 2009 · 1 Comment · Banking, Credit Cards

People turn to prepaid credit cards form different reasons. For example: they are unable to get a checking account or they are teaching their children to be responsible with money by limiting what they spend.

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A history of how each credit card type was created

March 26th, 2008 · No Comments · Credit Cards

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 [...]

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