In 1957, Elvis Presley made history by becoming the first person to ever be featured on a credit card. The card, issued by the Department Store Credit Company, had a limit of $300 and could be used at any of the company’s stores. However, it wasn’t long before the card was discontinued due to high levels of fraud. Despite this, the Elvis Presley credit card remains an iconic piece of pop culture memorabilia. In recent years, several replica cards have been created, giving fans the chance to own their own piece of Elvis history.
What Credit Cards Do Rich People Use?
There are many myths about what rich people do and don’t do, one of which is that they all use the same type of credit