Big 6 Credit Card GDV

Credit Card Gross Dollar Volume Tracks with the U.S. Economy Entering Double-Digit Growth YOY

Credit card gross dollar volume (GDV) among the big U.S. six U.S. bank card issuers, rose an estimated 10.7% year-on-year (YOY) in the second quarter (2Q/18). Capital One led the peer group with a high double-digit growth YOY in 2Q/18, followed by Chase and American Express, respectively. Chase, Bank of America (BofA), Capital One and Citibank…