History: September 18 (#1)

History: September 18 (#1)
Wikimedia Commons, CC BY-SA
September 18, 1958 The Bank of America introduces its first credit card, the BankAmericard (later renamed the VISA Card), in a test market in Fresno County, California.

Commentary

Commentary

On September 18, in the year 1958: The Bank of America introduces its first credit card, the BankAmericard (later renamed the VISA Card), in a test market in Fresno County, California. The Bank of America Corporation is an American multinat ional investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. Why September 18, 1958 matters: The Bank of America introduces its first credit card, the BankAmericard (later renamed the VISA Card), in a test market in Fresno County, California. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards. Historical context: September 18, 1958 The 20th century brought rapid advances in health, communication, science, and technology that reshaped everyday human experience. The event on this day: The Bank of America introduces its first credit card, the BankAmericard (later renamed the VISA Card), in a test market in Fresno County, California. Source: https://en.wikipedia.org/wiki/Bank_of_America (Wikipedia, CC BY-SA)