video thumbnail 4:54
A brief history of credit cards - Nidhi Upadhyaya

2025-09-04

[public] 39.9K views, 2.38K likes, dislikes audio only

Dig into the history of credit cards in the United States, and how they have evolved since the 1950s into the industry we know today.

--

Today, credit cards are a $500 billion-a-year industry. Banks consider these lines of credit when deciding whether or not to approve loans, incentivizing customers to maintain multiple credit cards. So, how did this lending system originate? And how did they get to be so popular? Nidhi Upadhyaya digs into the history of credit cards in the United States.

Lesson by Nidhi Upadhyaya, directed by Jeff Le Bars, JetPropulsion.space.

Support Our Non-Profit Mission

----------------------------------------------

Support us on Patreon: http://bit.ly/TEDEdPatreon

Check out our merch: http://bit.ly/TEDEDShop

----------------------------------------------

Connect With Us

----------------------------------------------

Sign up for our newsletter: http://bit.ly/TEDEdNewsletter

Follow us on Facebook: http://bit.ly/TEDEdFacebook

Find us on Twitter: http://bit.ly/TEDEdTwitter

Peep us on Instagram: http://bit.ly/TEDEdInstagram

----------------------------------------------

Keep Learning

----------------------------------------------

View full lesson: https://ed.ted.com/lessons/a-brief-history-of-credit-cards-nidhi-upadhyaya

Dig deeper with additional resources: https://ed.ted.com/lessons/a-brief-history-of-credit-cards-nidhi-upadhyaya/digdeeper

Animator's website: https://jetpropulsion.space

Music: https://www.campstudio.co

----------------------------------------------

Thank you so much to our patrons for your support! Without you this video would not be possible! Khalifa Alhulail, Martin Stephen, Jose Henrique Leopoldo e Silva, Mandeep Singh, Abhijit Kiran Valluri, Morgan Williams, Devin Harris, Pavel Zalevskiy, Karen Goepen-Wee, Filip Dabrowski, Barbara Smalley, Megan Douglas, Tim Leistikow, Ka-Hei Law, Hiroshi Uchiyama, Mark Morris, Misaki Sato, EdoKun, SookKwan Loong, Bev Millar, Lex Azevedo, Michael Aquilina, Jason A Saslow, Yansong Li, Cristóbal Moenne, Dawn Jordan, Prasanth Mathialagan, Samuel Doerle, David Rosario, Dominik Kugelmann - they-them, Siamak Hajizadeh, Ryohky Araya, Mayank Kaul, Christophe Dessalles, Heather Slater, Sandra Tersluisen, Zhexi Shan, Bárbara Nazaré, Andrea Feliz, Victor E Karhel, Sydney Evans, Latora, Noel Situ, emily lam, Sid, Niccolò Frassetto, Mana, I'm here because of Knowledge Fight Facebook group., Linda Freedman, and Edgardo Cuellar.


How do investors choose stocks? - Richard Coffin 1,009,560 views
/youtube/video/CMQLdJa64Wk
TED-Ed TED-Ed’s mission is to create lessons worth sharing. Feed and expand your curiosity with our award-winning animated shorts - published on YouTube and available with supplemental learning materials on ed.ted.com. Want to suggest an idea for a TED-Ed animation, nominate an educator or animator? Visit our website at: http://ed.ted.com/get_involved. Consider backing us on Patreon. By doing so, you directly support our nonprofit mission to create free, high-quality educational content: https://www.patreon.com/teded For more information on using TED-Ed content for commercial purposes (e.g. employee learning, in a film, or in an online course), please submit a Media Request using this link: https://media-requests.ted.com/
/youtube/channel/UCsooa4yRKGN_zEE8iknghZA
Why is it so hard to escape poverty? - Ann-Helén Bay 5,919,761 views
/youtube/video/D9N7QaIOkG8