Proprietary Report with Analysis on Top 4 U.S. Credit Card Active (Sales) Accounts.
U.S. bank credit card active accounts (AAC) (accounts with sales activity), among the Top 4 U.S. issuers, edged up 14.0% year-on-year (YOY) in the first quarter (1Q/17).
Citibank drove the YOY growth via its acquisition of the American Express Costco cobrand portfolio last year.
There were 120.7 million active bank credit card accounts in the U.S. among the Top 4 issuers (Chase; Capital One; BofA; and Citi), compared to 116.6 million in . . .