Title: Marquette National Bank of Minneapolis v. First of Omaha Service Corp.
Content: do so were introduced in Congress and some state legislatures. Some succeeded in the former goal, but those that sought to eliminate interest rate caps entirely failed. The term "credit card" had been used and proposed by utopian author Edward Bellamy in his 1887 book "Looking Backward". The first realizations of this model came during the Depression with Chargaplate, meant to encourage customers to spend money by introducing an alternative to cash and checks. Diners Club evolved in the early 50s as the first credit card company. In 1958, Bank of America had introduced BankAmeriCard (today's Visa), the first credit

Title: Joseph P. Williams
Content: entertainment charge card, had been introduced in 1950, and American Express and Carte Blanche followed in 1958, but all of these offerings had to have bills repaid in 30 days and were accepted by a limited number of vendors. By the mid-1950s, Williams was the senior vice president in charge of a group that had the unofficial task of creating the nation's first all-purpose credit card. Studying previous failures and analyzing the successes by Sears, Roebuck and Company and Mobil in offering credit to their customers, the team led by Williams conceived of a set of features — an 18%

Title: Credit card
Content: card for purchases was described in 1887 by Edward Bellamy in his utopian novel "Looking Backward". Bellamy used the term "credit card" eleven times in this novel, although this referred to a card for spending a citizen's dividend from the government, rather than borrowing, making it more similar to a Debit card. Charge coins and other similar items were used from the late 19th century to the 1930s. They came in various shapes and sizes; with materials made out of celluloid (an early type of plastic), copper, aluminum, steel, and other types of whitish metals. Each charge coin usually had

Title: Credit card
Content: plans to lure new travelers into the air. In October 1948, the Air Travel Card became the first internationally valid charge card within all members of the International Air Transport Association. The concept of customers paying different merchants using the same card was expanded in 1950 by Ralph Schneider and Frank McNamara, founders of Diners Club, to consolidate multiple cards. The Diners Club, which was created partially through a merger with Dine and Sign, produced the first "general purpose" charge card and required the entire bill to be paid with each statement. That was followed by Carte Blanche and in

Title: George Waters (businessman)
Content: an Atlanta-based supermarket chain. American Express entered the credit card industry in 1958 with its own product, a purple charge card for travel and entertainment expenses. By the time Waters was hired in 1961, The American Express Card was number two in the industry behind Diners Club, still unprofitable, and management was unsure about what to do with the business. They considered merging with Diners Club and also forming a joint venture with Hilton Hotels. The card at that time was primarily accepted in restaurants, as hotels, car rental companies and airlines were either reluctant to accept credit cards or

Question: the first credit cards were for use in what type of establishments?
Answer: Restaurants