Author - Jessica Clifton

Why Do Credit Cards Have Large Price Increases?

Jessica Clifton2023-03-09T09:02:28+00:00

Many credit cards have experienced price advances ranging from 1,000%-2,000% in the last 24 months. There are two main reasons for these price increases: A strong credit card collector base Credit pieces have a strong collector base, which means most cards are tightly held. This is particularly true of the...

Macy’s Deposit Accounts

Jessica Clifton2023-02-23T17:57:27+00:00

In the 1930s, '40s, and '50s, R.H. Macy & Co. of New York used two well known slogans: "It's smart to be thrifty" and "6% less for cash." How outdated, unfortunately, those slogans sound these days. The dilemma of charge accounts Because of the slogans, especially the "6% less for cash,"...

A Look Inside A Credit Card Embossing Facility

Jessica Clifton2023-02-10T09:20:59+00:00

I have done work for a large northwest bank in the US for the past few years. When they contacted me recently to do some work for their bank card division, I felt it was time to see if I could get some plastic out of the deal. So...

Are They Charge Coins Or Charge Tokens?

Jessica Clifton2023-01-19T08:45:19+00:00

Some people call them "charge coins". Some say "charge tokens". What should you call the first known credit pieces? The proper name is charge coin. Cause of confusion The confusion about charge coins vs. charge tokens originally comes from numismatic definitions.  Numismatists have precise definitions to distinguish coins from tokens. According to the...

Who Really Issued Your MasterCard & Visa?

Jessica Clifton2023-01-05T10:26:55+00:00

Although a bank's name appears on your collectible credit card, that doesn't mean the bank actually issued it. Because of the rapid growth in the number of bank credit cards and the tightening of profits, many small banks were squeezed out of the market. On account of their size, they...

History of the Chevron Credit Card

Jessica Clifton2022-12-23T12:03:31+00:00

Chevron USA began in San Francisco in 1879 as the Pacific Coast Oil Company. Standard Oil Company (Iowa) acquired the Pacific Coast Oil Company in 1890, and the Standard Oil Company (New Jersey) became Pacific's new owner in 1900. Change in name Pacific's name was changed to Standard Oil Company (California)...