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Which bank issued first ATM card in India?
The Bank of India was issued the first ATM-Card in India.
Where can one get a black credit card?
A Centurion card, also known as a black card, informally, is a charge card issued by American Express. Other companies will also offer black credit cards, as well.
Can your bank take money from your account to pay a credit card they issued?
Yes. You owe them and they will take the money. Plus, charge you an extra fee for doing it.
When was the first credit card issued?
AnswerIn 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New YorkCharge accounts became popular in the early 20th century. The first 'credit' card issued a Diners Club [because most of the clientele were traveling salesman] in 1950 to about 200 people. This allowed salesman to use the card, while traveling, at different locations. [Of course, first Diners club had to persuade resturants to accept a 'credit card'.] The Diners Club credit cards didn't charge interest. The money was made by the companies that accepted the credit card was charged 7% for each transaction and subscribers were charged a $3 annual fee that begun in 1951.
What is a Charge Card?
A charge card is a card you can put money on, but you will have to pay it back later
