First-Quarter Card PDV

First-Quarter U.S. Card PDV Growth Weakest in 5 Yrs – 6.87% CAGR

First-quarter U.S. card PDV (Purchase Dollar Volume) expanded by a slower annual rate in more than five years for the Big 6 credit card issuers led by strong performances by Capital One and Chase. Chase led in YOY (Year-on-Year) growth will Capital One leads in four-year CAGR (compound annual growth rate). U.S. credit card PDV…