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Cardboard or Plastic? |
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In
the mid to late 1960s, the current account becomes at last portable with the
issue to customers of Martins Bank Bankers Card. Remember, the number of CASH MACHINES in the UK
is only just into double figures, so if the holder of cheque card finds
themselves in a town without a branch of Martins, they are at least able to
cash a cheque up to the value of £30 (quite a useful sum at that time), at
any of the participating banks: |
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LLOYDS BANK LTD MARTINS
BANK LIMITED WILLIAMS
DEACON’S BANK LTD YORKSHIRE
BANK LTD GLYN
MILLS AND COMPANY THE
NATIONAL BANK LTD BANK
OF SCOTLAND ROYAL
BANK OF SCOTLAND NATIONAL
COMMERCIAL BANK OF SCOTLAND LTD BANK
OF IRELAND HIBERNIAN
BANK LTD THE
NATIONAL BANK OF IRELAND LTD Looking
more like something you had carefully cut out from the back of a breakfast cereal
packet, these quaint yet perfectly functional cheque guarantee cards are
actually in use well into the early 1970s when they are gradually replaced by
the more familiar (clinical) plastic variety. Shame indeed… |
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For
Barclays, the smart move is into a small piece of plastic – one which will
outlast any cardboard counterpart, and more importantly come to revolutionise
the way we spend (or, more accurately BORROW) our money for decades to
come. The BARCLAYCARD is invented, and
the idea of a credit card that can also be used to guarantee cheques is
born. Another crucial step is to
ADVERTISE the new concept of Barclaycard on TV – but how? A gentleman’s
agreement between all the English Clearing Banks means that no bank will
Advertise alone on TV. As we find out
now from John Dalton, Former Barclaycard Advertising Manager, the dithering
over being the first bank to advertise on TV went on into the 1970s, with
Barclays believing they had succeeded in 1972. Then in 1989, a slightly
embarrassing discovery is made…. |
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A Gentleman’s Agreement? |
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John’s comments were orignially written in a letter to
Barclays Connection Magazine in 2000 and are reproduced here by kind
permission of Barclays’ Connection. Advertisement and Barclaycard Name and Logo © Barclays and all
other rights holders 1966 to date. |
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First
on TV in England! |
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©
gut informiert 2007 date |
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