Big 6 Card Issuers Yields Stabilize in Q1 After Sequential Declines in 2016
The average yield among the nations’s big six bank credit card issuers came in at 11.26% for the first quarter (1Q/17), compared to 11.11% in the prior quarter, and 11.31% for 1Q/16. Capital One (COF), the nation’s fastest growing major credit card issuer, and Discover (DFS), one of best managed portfolio again, posted the highest…