V+MA+AXP+DFS Q1 U.S. CC GAC +6% YOY w/V +12% YOY
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, according to CardData. Visa U.S. credit GAC…