Category Archives: Fun Financial Facts

Neat, interesting, useful (or useless) facts and statistics about money and other miscellaneous topics.

Did you know? In 1958, Bank of…
avatar

In 1958, Bank of America launched the first general purpose credit card by mailing 60,000 real BankAmericard credit cards to the good folks in Fresno, California. That unsolicited credit card “drop” was the brainchild of bank employee Joseph P. Williams. … Continue reading →

Posted in Fun Financial Facts | Tagged , , , , , , , , , | 2 Comments

Did you know? Today, Americans have an…
avatar

Today, Americans have an astounding 609.8 million credit cards in their wallets. If all those cards were stacked up, they would create a tower 288 miles high. Find more fun facts and statistics about money at financialexcellence.net.

Posted in Fun Financial Facts | Tagged , , , , , , , , | 1 Comment

Did you know? In 1950, Diner’s Club…
avatar

In 1950, Diner’s Club became the first company to offer a credit card that could be used at multiple locations. Initially the credit card was accepted at just 14 restaurants in New York. Even so, within a year, over 20,000 … Continue reading →

Posted in Fun Financial Facts | Tagged , , , , , , , , , | 1 Comment

Did you know? In 1997, the new…
avatar

In 1997, the new $50 bill is introduced. The second note to be redesigned to include new security features, the reverse side also includes an enlarged number 50 in the lower right-hand corner to aid the low-vision community. Find more … Continue reading →

Posted in Fun Financial Facts | Tagged , , , , , , , , , | 1 Comment

Did you know? In 1996, additional security…
avatar

In 1996, additional security features are added to a newly redesigned $100 Federal Reserve note. The note incorporates both familiar and new features, while remaining recognizably American. Redesigned lower denominations are being introduced at the rate of about one denomination … Continue reading →

Posted in Fun Financial Facts | Tagged , , , , , , , , , | Leave a comment

Did you know? In 1990, a security…
avatar

In 1990, a security thread and microprinting were introduced in $50 and $100 notes to deter counterfeiting by technologically advanced copiers and printers. Find more fun facts and statistics about money at financialexcellence.net.

Posted in Fun Financial Facts | Tagged , , , , , , , , , | 2 Comments

Did you know? In 1929, currency was…
avatar

In 1929, currency was reduced in size by twenty-five percent and standardized with uniform portraits on the faces and emblems and monuments on the backs. Find more fun facts and statistics about money at financialexcellence.net

Posted in Fun Financial Facts | Tagged , , , , , , , , , , , | 1 Comment

Did you know? In 1913, after the…
avatar

In 1913, after the financial panics of 1893 and 1907, the Federal Reserve Act of 1913 was passed. It created the Federal Reserve System as the nation’s central bank to regulate the flow of money and credit for economic stability … Continue reading →

Posted in Fun Financial Facts | Tagged , , , , , , , , , , , , , , , | 1 Comment

Did you know? Memorial Day was…
avatar

Memorial Day was declared a federal holiday in 1971. Find more fun facts and statistics about money at financialexcellence.net.

Posted in Fun Financial Facts | Tagged , , , , , , | 1 Comment

Did you know? In 1877, the Department…
avatar

In 1877,  the Department of the Treasury’s Bureau of Engraving and Printing started printing all U.S. currency. Find more fun facts and statistics about money at financialexcellence.net.

Posted in Fun Financial Facts | Tagged , , , , , , , , , , , , | 1 Comment