Word: bankamericards
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Dates: during 1959-1959
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...comprehensive credit card that will permit holders to charge everything from shoes and doctors' bills to liquor and the costs of artificial insemination of cows. "Bankamericard" customers will be billed at the end of each month, charged 1½%-a-month interest if they wish to let the bill go longer than 25 days. The cards are free and available to nondepositors. The bank will collect up to 6% from participating merchants on purchases...