American Express introduced its first credit card in 1958 and the following year releases the first plastic credit card.
Frank McNamara and Ralph Schneider introduce the Diners Club Card as an alternative to cash. It has 20,000 cardholders in a year.
John Biggins, a banker in Brooklyn, introduces the "Charg-It" card, believed to be the first bank card. (Customers used it at local businesses, who then forwarded the bill to the bank.)
