2min chapter

99% Invisible cover image

The Fresno Drop

99% Invisible

CHAPTER

The Challenges and Changes in the Early Days of Credit Cards

Exploring Bank of America's early credit card experiment, the chapter reveals the issues arising from mass mailings, including theft, fraud, and repayment challenges, subsequently leading to industry-wide changes.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode