@UncleB wrote:Someone's already mentioned the old Diner's Club, but I just want to add that while it was never as popular (or as accepted) as Amex, it did have a 'perk' that was useful to many... instead of being required to PIF in 30 days, you were allowed 60 days with no penalty.
It was definitely a 'niche' product, but for a subset of people it was useful, and having 60 days to pay gave it a slight edge over Amex (assuming it was accepted where you wanted to use it).
Very interesting, j/w by "60 days to pay", do you mean like a 60-day grace period? If so that was truly awesome and I definitely wish a card product like that was still available today... *wistful sigh* I remember my old Direct Merchants Bank Titanium card had a similar 90-day grace period for each purchase made, which in theory if you timed your various payments correctly, could potentially allow you to carry a balance and pay extremely little and/or virtually no interest on purchases...but when HSBC acquired the DMB cc portfolio (which in in turn if I am understanding correctly was later itself acquired by Cap1), they got rid of that very unique and special feature on the old DMB card... 
@galahad15 wrote:
@UncleB wrote:Someone's already mentioned the old Diner's Club, but I just want to add that while it was never as popular (or as accepted) as Amex, it did have a 'perk' that was useful to many... instead of being required to PIF in 30 days, you were allowed 60 days with no penalty.
It was definitely a 'niche' product, but for a subset of people it was useful, and having 60 days to pay gave it a slight edge over Amex (assuming it was accepted where you wanted to use it).
Very interesting, j/w by "60 days to pay", do you mean like a 60-day grace period? If so that was truly awesome and I definitely wish a card product like that was still available today... *wistful sigh* I remember my old Direct Merchants Bank Titanium card had a similar 90-day grace period for each purchase made, which in theory if you timed your various payments correctly, could potentially allow you to carry a balance and pay extremely little and/or virtually no interest on purchases...but when HSBC acquired the DMB cc portfolio (which in in turn if I am understanding correctly was later itself acquired by Cap1), they got rid of that very unique and special feature on the old DMB card...
Yeah, the old Diner's Club was like Amex in that the balance was due upon receipt of the bill, but with Diner's you were allowed an extra statement period to make the payment without penalty (or being in their bad graces). If you did it too often it could be difficult to keep track of what was "really" due each time, but used occasionally it was a way to have two months to pay for something, interest free.
Right after my BK7 I got a Direct Merchant's MasterCard... it was actually instrumental in helping me to recover. They eventually closed all of their credit cards (or at least the cards of the type I had) which at the time was very inconvenient, but thanks to the positive history with them I was able to be approved for a Providian account.