Barclaycard Credit Card celebrates 40th anniversary

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Barclaycard Credit Card celebrates 40th anniversary

Tue 27th Jun 2006

The UK's first ever credit card was launched forty years ago and the Barclaycard Credit Card is now celebrating its 40th birthday.

It was in 1966 in a converted shoe factory in Northampton that the Barclaycard Credit Card was first created by a team of seven people.

Mini-skirts were in fashion and The Beatles were at number one in the pop charts when the Barclaycard Credit Card was launched and the concept of "paying by plastic" was completely alien.

Barclaycard Credit Cards are the most popular in the UK, currently the company has over four million users in Britain and over 11 million worldwide.

Antony Jenkins, Barclaycard chief executive, said: "When my predecessor, Dickie Dale, first introduced Barclaycard in the UK, there were only a handful of outlets that accepted a credit card, we had one office that housed just under 300 people and each transaction had to be verified over the phone with a member of Barclaycard staff."

"This is an important date for credit cards in the UK", he added.

There are now a range of Barclaycard Credit Cards to choose from including platinum, simplicity and flexi-rate credit cards.

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