U.S. Credit Cards-in-Force (CIF) among the Top 4 issuers were slipped 0.5% year-on-year (YOY) at the end of the third quarter, down 1.1 million (estimated) cards to 229.9 million cards.
Capital One blew the other three top issuers away in the third quarter.
Chase CIF for 3Q/15 stood at 81.8 million (estimated), compared to 81.6 million in the prior quarter, and 85.1 million one year ago, or down 3.9% YOY.
Capital One CIF for 3Q/15 stood at 74.9 million (estimated), compared to 74.4 million in the prior quarter, and 72.8 million one year ago, or up 2.9% YOY. Bank of America CIF for 3Q/15 stood at 44.8 million (estimated), compared to 44.7 million in the prior quarter, and 44.4 million one year ago, or up 0.9% YOY.
Citibank CIF for 3Q/15 stood at 28.4 million (estimated), compared to 28.3 million in the prior quarter, and 28.7 million one year ago, or down 1.0% YOY.
TOP 4 U.S. CREDIT CARDS-IN-FORCE
3Q/14: 231.0 million
4Q/14: 230.6 million
1Q/15: 231.6 million
2Q/15: 229.0 million
3Q/15: 229.9 million
CHASE U.S. CREDIT CARDS-IN-FORCE
3Q/14: e85.1 million
4Q/14: e84.0 million
1Q/15: e84.4 million
2Q/15: e81.6 million
3Q/15: e81.8 million
CAPITAL ONE U.S. CREDIT CARDS-IN-FORCE
3Q/14: e72.8 million
4Q/14: e73.3 million
1Q/15: e73.8 million
2Q/15: e74.4 million
3Q/15: e74.9 million
BANK OF AMERICA U.S. CREDIT CARDS-IN-FORCE
3Q/14: e44.4 million
4Q/14: e44.5 million
1Q/15: e44.5 million
2Q/15: e44.7 million
3Q/15: e44.8 million
CITIBANK U.S. CREDIT CARDS-IN-FORCE
3Q/14: e28.7 million
4Q/14: e28.8 million
1Q/15: e28.9 million
2Q/15: e28.3 million
3Q/15: e28.4 million
Source: Chase; Bank of America; Capital One; Citibank;
NOTE: Estimated figures are based on the number of reported accounts and/or outstandings.
For data, background and forecasts on Cards-In-Force: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 payments metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).