what year was the first credit card issued
The first credit card. In 1950, Diners Club and American Express launched their charge cards in the USA, the first âplastic moneyâ. In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York. But it was only until the establishment of standards for the magnetic strip in 1970 that the credit card became part of the information age.