Credit Card Marketshare

Credit Unions & Smaller Banks Nibble Away at Big 6 U.S. Credit Card Q4 Marketshare

As a peer group, the Big 6 U.S. issuers (Chase [JPM], Capital One [COF], Bank of America [BAC], Citibank [C], Discover [DFS], American Express [AXP]), control 52.6% of the U.S. credit card market based on 4Q/18 outstandings, compared to a 54.8% credit card marketshare for the third quarter, and 56.0% for 4Q/17. The Big 6…

Credit Card Q4 Yield

Credit Card Q4 Yield for the Big 6 U.S. Issuers Hit a 5+ Year High

Average credit card Q4 yield, among the nations’s Big 6 bank card issuers, edged up by 10 basis points (bps) sequentially at 12.06% and up 66 bps year-on-year (YOY) for the fourth quarter (4Q/18), compared to 11.96% for the prior quarter, and 11.40% for 4Q/17, according to data gathered by CardData. The U.S. Big 6…

Credit Card Delinquency

Credit Card Delinquency and Charge-Offs for Big 6 Pull Off a Bad Q4 Hat Trick

The average late stage credit card delinquency (90+ day) among the nation’s six largest issuers edged up eight basis points (bps) sequentially, to 1.13% for the fourth quarter (4Q/18), and up three bps from one-year ago (YOY). The average U.S. 90+ day delinquency rate among the Big 6 issuers (Chase [JPM], Capital One [COF], Bank…

Big 6 Credit Card Issuers Delinquency

Top Credit Card Issuers Face Acclivity in Early Stage Delinquency for 2019-2020

Early stage delinquency (30+ days) among the nation’s Big 6 issuers inched up by nine basis points (bps) sequentially in the fourth quarter (4Q/18) to 2.08%, and up by seven bps year-on-year (YOY). According to CardData, the average U.S. 30+ day delinquency rate among the Big issuers (Chase [JPM], Capital One [COF], Bank of America…

Credit Card Outstandings

Big 6 Credit Card Outstandings Growth Slows Markedly YOY in Q4 – AXP Peer Leader

U.S. credit card outstandings end-of-period (EOP) among the Big 6 credit card issuers increased 2.7% in the fourth quarter (4Q/18) year-on-year (YOY), compared to a 6.8% YOY for the year ago quarter. Over the past two years, Big 6 outstandings have jumped 9.7%. The Big 6: Chase (JPM), Capital One (COF), Bank of America (BAC),…

Credit Card Dollar Volume

Credit Card Dollar Volume Growth Among Big 6 U.S. Issuers Slumps a Tad in Q4

Credit card dollar volume among the Big U.S. six U.S. bank card issuers, rose an estimated 8.7% year-on-year (YOY) in the fourth quarter (4Q/18), compared to a 9.4% YOY gain for 4Q/17. Capital One led the peer group with a high double-digit growth YOY in 4Q/18 for gross dollar volume (GDV), followed by Chase, also in…

Top 4 GDV - Capital One

Capital One Volume for U.S. Credit Cards Crosses $100 Billion Milestone in Q4

Capital One volume for the final quarter of 2018 (4Q/18) posted a solid 10.8% year-on-year (YOY) gain in gross dollar volume (GDV), which includes purchases and cash advances. The nation’s second largest issuer topped the $100 billion quarterly GDV mark for the first time, according to figures compiled by CardData. Capital One is also the…

Big 6 U.S.Credit Card PDV

Credit Card PDV Slips & Slides Among Big 6 in Q4 Due to Rocky Holiday Sales

U.S. credit card PDV (Purchase Dollar Volume), for credit cards, among the Big 6 U.S. credit card issuers, rose 7.7% year-on-year (YOY) for the fourth quarter (4Q/18), compared to growth rate of 10.9% for 3Q/18, and 10.6% for 2Q/18, according to figures collected by CardData. Capital One and Chase are duking it out among the…

Credit Card Write-Offs

Credit Card Write-Offs Moderate Among the Top 4 U.S. Major Issuers in Q4

While, credit card write-offs, or charge-offs, have been hanging around the 3.50% level over the past four years, the steady rise in credit card delinquency is changing the outllook for the next two years. Both early-stage (30-89 days) and late-stage (90-180 days) delinquency are setting four year highs. The Top 4 (Chase, Capital One, Bank…

90+ Day Credit Card Delinquency

90 Day Credit Card Delinquency Sets 4-Year High Among Top 4 in Q4

The average 90 day credit card delinquency ratio, among the nation’s Top 4 issuers, jumped 10 basis points (bps) sequentially, and up three bps year-on-year (YOY) for the fourth quarter (4Q/18). Late stage (90+ day) delinquency, the precursor of charge-offs, also rose by six bps among the peer group in 4Q/18. Early stage delinquency (30-89 days)…

Top 4 Credit Card Marketshare

Credit Card Marketshare Ends 2018 Steady at 46% for Top 4 U.S. Issuers

U.S. credit card marketshare, based on purchase dollar volume (PDV) among the top 4 U.S. bank credit card issuers, shows Capital One the only issuer with a positive gain in the fourth quarter (4Q/18), compared to the prior quarter. Top 4 Peer Group Marketshare As a peer group, the Top 4 U.S. issuers (Chase, Capital…