Charge plate definitions
| Word backwards | egrahc etalp |
|---|---|
| Part of speech | Noun |
| Syllabic division | charge plate Syllable separation: charge/plate |
| Plural | The plural of charge plate is charge plates. |
| Total letters | 11 |
| Vogais (2) | a,e |
| Consonants (7) | c,h,r,g,p,l,t |
A charge plate, also known as a "charge coin," was a small, metal identification card issued by merchants to customers in the early to mid-20th century as a way to extend credit for purchases.
Charge plates were often made of aluminum, steel, or other durable metals, and usually featured the merchant's name and logo on one side, along with the customer's information on the other.
These charge coins were used as a form of payment in lieu of cash or checks, allowing customers to make purchases on credit and settle their debts at a later date.
History of Charge Plates
The concept of charge plates dates back to the late 19th century, with early versions made of celluloid or metal and issued by hotels or department stores to their most trusted customers.
By the early 20th century, charge plates became more widespread as a way to encourage customer loyalty and repeat business. They were often personalized with the customer's name and account number, making them a convenient form of identification.
Decline of Charge Plates
As credit cards became more popular in the 1950s and 1960s, charge plates began to decline in use. The introduction of magnetic stripe technology and the convenience of plastic cards made traditional charge coins obsolete.
Today, charge plates are considered valuable collectibles and are often sought after by enthusiasts of vintage advertising and marketing memorabilia.
Charge plate Examples
- The vintage charge plate was used to keep track of customers' purchases at the department store.
- Diners in the 1950s often used a charge plate to pay for meals at restaurants.
- The charge plate system was a precursor to modern credit cards.
- Customers would present their charge plate to the clerk to make a purchase.
- The charge plate was a convenient way to shop without carrying cash.
- Some charge plates featured intricate designs and engravings.
- Business owners would keep records of transactions made with charge plates.
- The charge plate was a status symbol for those with credit accounts.
- Using a charge plate required a signature to authorize the purchase.
- Lost or stolen charge plates could lead to unauthorized purchases.