Multiple choice

Directions: Choose the correct option for the given question: What was introduced in 1951 by the Franklin National Bank?

  1. Credit Card

  2. Debit Card

  3. Internet Banking

  4. None of Them
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A Correct answer
Explanation

The first bank-issued credit card, the 'Charg-It' card, was introduced by John Biggins of the Flatbush National Bank of Brooklyn in 1946, but the Franklin National Bank is often cited in specific banking history contexts for its early credit card program in 1951.

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