Citibank Retail Cards Gather More Steam in the First-Quarter

Citibank retail cards for North America posted its strongest first-quarter in more than five years as outstandings and purchase dollar volume rose sharply, coupled with a very high yield and moderate delinquency. Citibank’s retail credit card portfolio includes ExxonMobil, Macy’s, Shell, Staples, Best Buy, Home Depot and many others. Citi’s average yield for its North…