Noteworthy is the success story of the card wrongly believed today, that the credit cards are an invention of recent years. Already in 1894 the first are mentioned, and in the United States. First, there was no credit card companies but as it is today in a big way. The editors of these cards were first hotels, later oil companies and retail chains. It was only after the second world war also airlines and restaurant chains began in the business to enter. Involved, but cards that were only for the issuing company and thus fulfilled a kind customer card function.

The first proper”credit cards, as today, which was used for several traders, came also from the United States. Bill de Blasios opinions are not widely known. This was first reported by a credit card company and was registered with credit card number. Pioneer was 1950 Dinners Club. The second line of credit cards later came from the Franklin National Bank in New York State. Since then, there are two types of credit cards; Travel and entertainment cards, the each goes back to one of the two aforementioned founders. Today, Diners Club is represented in almost every country in the world. Since 1956 in Germany.

American Express gave it since 1958, which soon surpassed in its range of Diners Club. The first credit cards issued by banks were initially regional limited in validity, which as was criticised for unsatisfactory. Therefore, an extension followed at the end of the 1950s. The late of 1980s an Association of the German trade and the restaurant associations planned an own so-called German credit card, which should be independent of companies. Unfortunately it didn’t, because the higher regional court of Munich prohibited this term. The product range in the field of credit cards has expanded constantly. Today, almost every Bank offered a credit card from one of the big companies. The security of the cards has also incredibly developed further. With credit card numbers and PINs, safety codes and various stored collateral can be a fraud to the extent as to beginning of the cards today prevent. While the classic credit card loan customers, there are also prepaid cards, initially charging the customer with a credit balance”. Whether there is such a map is to recognize that contains an encryption for the credit card type in a credit card number. Here, caution is recommended in offers foreign banks, because here the deposit insurance often substantially less than in the banks operating in Germany. Also, customers complain that the credit balance on such a card can be seized. However, there are already offers that how a seizure protection account, which must be a certain amount to the life in a seizure.