I read in an interview that the gold color of the first Visa logo symbolized the California sun, where the original bank issuing the cards was based. And very soon it represented the luxury and prestige that having a credit card once represented.
Almost 60 years later, credit cards are a very common banking product. In fact, they often belong to the product category “convenience banking”. Together with a current and a savings account, it’s the basic banking package.
But not all credit cards are the same. In another post we saw how we can pay with a credit card. Let’s see now what other advantages these cards can have.