Diners Club Credit card company was formed in 1950
RE: “Credit cards in the ‘50s? No such thing.”
and...
“Diners Club Credit card company was formed in 1950”
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Don’t forget Carte Blanche cards!!!
Regardless, all credit card interest was tax deductible, whether a retailer’s card or national card. AND all sales tax was deductible, too, including that on car purchases! Now there’s a motivation to buy a new car!
Diner’s Club? What’s that? Seriously, Diner’s Club has never been a player in credit card circles. It never was accepted very many places. I don’t know its rules; I never had one. Probably the ONLY credit card I’ve never had. I think it was used by traveling saelsmen only. Never widely held.