Proprietary Report with Analysis on U.S. Payment Card Gross (Open) Accounts.
Total U.S. gross accounts (GAC) in the first quarter (1Q/17) for Visa, Mastercard, American Express and Discover U.S. credit cards was up 5.9% year-on-year (YOY). At the end of 1Q/17, there were 541.2 million U.S. credit GAC compared to 536.1 million for 4Q/16, and 510.9 million for 1Q/16.
Visa U.S. credit GAC for 1Q/17 jumped 11.8% YOY to an estimated 285 million, compared to 282 million in the prior quarter, and 255 million in the year ago quarter.
Mastercard U.S. . . .