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John C Biggins Credit Card. Interest free payments until 2023. Biggins thought up the idea for a universal credit card in 1946.
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Biggins, a banker, worked for the flatbush national bank of brooklyn and was instrumental in setting up a system to meet a need. Of the credit card for banks about 30 years ago, calling his. The card originally was conceived as an experiment with an easier way to extend credit to their customers.
Interest free payments until 2023.
1950 diners club credit card introduced. It’s widely agreed that john c. 0% intro apr or up to 5% cash back! The very first credit card, so to speak, was invented in 1946 by a brooklyn banker named john biggins.