Property News · June 29, 2016

Put it on the plastic: Barclaycard, the UK's first credit card, turns 50


On 29 June 1966 the Barclaycard was launched on a sceptical public, kickstarting a revolution in personal finance Those left thoroughly disheartened by the week in politics and Monday’s Euro 2016 football disaster have been invited to reflect back on a happier time, when the Beatles were at No 1 in the charts with Paperback Writer, and England were about to lift the World Cup for the first (perhaps only) occasion. For it was 50 years ago on Wednesday 29 June 1966 that Barclays launched Britain’s first credit card.Barclaycard kickstarted a revolution in the way we manage and spend our money, and played a key role in creating Britain’s £1.5tn personal debt mountain. Continue reading…

Source : theguardian.com
Read more…Put it on the plastic: Barclaycard, the UK’s first credit card, turns 50

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