The purpose of the ACCCS is to be a resource for the credit card collector and a communication link for members.
During September 1993, Jerry Ballard organized and hosted the First International Credit Card Collectors Convention in Richmond, Virginia. At the convention, Bill Wieland volunteered to form an organization of credit card collectors and, in 1994, he formed the American Credit Piece Collectors Association. At the first membership meeting later that year, the name was changed to the American Credit Card Collectors Society - ACCCS. A predecessor organization for collectors was known as the “Credit Card Collector”.