Credit Tips: Evolution of a Credit Card
Posted On: June 1, 2006
Author: jlrdc909
Posted: Mon May 15, 2006 4:01 pm
Post subject: How does a credit card get to be a credit card?
Ok, dumb question, but does anyone really know the process for a credit card. Once an account is approved, do they send that information to the card maker and they send it out??? always wondered about the evolution of the actual plastic card, from its conception in the computer, to the birth and mailing out.
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Author: Ira
Posted: Mon May 15, 2006 4:32 pm
Post subject:
Quote:
Once an account is approved, do they send that information to the card maker and they send it out???
Probably.
Author: Polonius
Posted: Mon May 15, 2006 4:40 pm
Post subject: Evolution of a Credit Card
After you account is approved, the computers instruct workers in Singapore to create the card. They have letters and numbers on little punches in a rotating lazy susan and a ruler to guide them for accuracy. They insert the blank card in a vise, attach the ruler guide, then punch out each letter or number neatly as needed. (Usually they’re illiterate women, chained to desks, allowed only bathroom breaks.)
The cards are then inserted in pouches around the necks of carrier pigeons, where they are delivered overnight, have their magnetic information stored by a rabbi as part of the blessing to make it kosher, and then an inspector slaps a sticky “Call for Activation” label on the card when it reads properly in both manual and electronic readers. The underside of the label is printed with the inspector’s ID. Number 11 does great work, number 4 is only adequate, the others are mostly OK. Hope you get Number 11!
Elves then stuff advertising literature and terms in large envelopes, sealing them with giant sponges moistened by slobbering golden retrievers. The envelopes then enter the mail stream.
It takes a while.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
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Credit Tips: Evolution of a Credit Card
Posted On:
Author: jlrdc909
Posted: Mon May 15, 2006 4:01 pm
Post subject: How does a credit card get to be a credit card?
Ok, dumb question, but does anyone really know the process for a credit card. Once an account is approved, do they send that information to the card maker and they send it out??? always wondered about the evolution of the actual plastic card, from its conception in the computer, to the birth and mailing out.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Ira
Posted: Mon May 15, 2006 4:32 pm
Post subject:
Quote:
Once an account is approved, do they send that information to the card maker and they send it out???
Probably.
Author: Polonius
Posted: Mon May 15, 2006 4:40 pm
Post subject: Evolution of a Credit Card
After you account is approved, the computers instruct workers in Singapore to create the card. They have letters and numbers on little punches in a rotating lazy susan and a ruler to guide them for accuracy. They insert the blank card in a vise, attach the ruler guide, then punch out each letter or number neatly as needed. (Usually they’re illiterate women, chained to desks, allowed only bathroom breaks.)
The cards are then inserted in pouches around the necks of carrier pigeons, where they are delivered overnight, have their magnetic information stored by a rabbi as part of the blessing to make it kosher, and then an inspector slaps a sticky “Call for Activation” label on the card when it reads properly in both manual and electronic readers. The underside of the label is printed with the inspector’s ID. Number 11 does great work, number 4 is only adequate, the others are mostly OK. Hope you get Number 11!
Elves then stuff advertising literature and terms in large envelopes, sealing them with giant sponges moistened by slobbering golden retrievers. The envelopes then enter the mail stream.
It takes a while.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
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