Largest Credit Card Issuers Broaden U.S. Market Penetration 2015-2019
Credit card accounts in the U.S. for the Big 6 issuers grew by 10 million in 2018. Over the past five years gross open accounts (GAC) for U.S. credit cards among the nation’s six largest issuers expanded by 40 million. In the fourth quarter (4Q/18) the year-on-year (YOY) gain in GAC was 3.7%. At the…