Most charge cards are held by businesses, corporations or executives thereof, and are issued to customers with a good or excellent credit score.
In 1914, Western Union opened the first charge account for its customers and provided them with a paper identification.
In 1950, Diners Club began opening charge accounts with paper identification cards, directed at the travel and entertainment markets.
In 1957, American Express also entered the field, and in 1959 was the first company to issue embossed plastic charge cards to ISO/IEC 7810 standards.
American Express charge card customers, for instance, can enroll in the Extended Payment Option (internally referred to as ExPO) to be able to pay for purchases over $200 over time,[4] or in Sign & Travel to be able to pay for eligible travel-related expenses over time.
[6] While consumers often take NPSL to mean that their cards are without limits, NPSL really means that a card's limit changes, often from month-to-month, based on factors such as consumer charging and payment history as well overall economic trends.