credit card issued

American Express Leads Progression of U.S. Credit Cards Issued in 2018

U.S. credit cards issued among the Big 6 issuers grew 3.6% year-on-year (YOY) at the end of the fourth quarter (4Q/18), up 11.9 million cards-in-force (CIF) YOY to 345.7 million cards, compared to 343.4 million in 3Q/18 and 333.8 million for 4Q/17, according to CardData. The Big 6: (Chase [JPM], Capital One [COF], Bank of…

International Credit Cards

International Card Accounts for Visa and Mastercard Q4 Grew 8% YOY

Visa and Mastercard international card accounts gathered more steam in 2018 as the annual growth rate expanded by 50 basis points (bps). Visa and Mastercard gross (open) payment card accounts (GAC) for the fourth quarter (4Q/18) grew 7.9% year-on-year (YOY), compated to 7.4% YOY in 2017. International credit GAC was up 6.1% YOY and international…

International Credit Card Cash Volume

International Credit Card Cash Volume for Visa and Mastercard Slips 160 bps FX YOY

International credit card cash dollar volume (CDV) for Visa and Mastercard decreased, on a currency adjusted basis (FX), to 5.3% in the fourth quarter (4Q/18) compared 6.9% one-year ago. On a nominal basis (not currency adjusted), Visa and Mastercard international payment card (credit + debit) declined 1.9% YOY in the fourth quarter, while credit card…

Internal Via Mastercard GDV

International Card GDV for Q4 Visa and Mastercards Credit +10% & Debit +12% YOY

International card GDV for Visa and Mastercard credit cards for the fourth quarter (4Q/18) rose 9.5% year-on-year (YOY), on a currency adjusted basis (FX). International debit card gross dollar volume (GDV) jumped 12.1% YOY FX for both networks combined for 4Q/18. On a nominal basis (not currency adjusted) international credit and debit cards for Visa…

U.S. Visa Mastercard Accounts

Visa Mastercard Accounts U.S. Double-Digit Q4 YOY Growth Sparked by Debit Cards

U.S. Visa Mastercard credit and debit card accounts grew 10.9% year-on-year (YOY) for the fourth quarter (4Q/18). U.S. gross (open) accounts (GAC) for credit cards grew 7.6% YOY in 4Q/18. U.S. debit card GAC was up 13.2% YOY for the fourth quarter, according to figures gathered by CardData. Visa and MasterCard passed the one billion…

Visa Mastercard Cards-in-Force

U.S. Visa Mastercard Cards-in-Force Regain Steam in Economically Heated Q4 Market

Visa Mastercard cards-in-force (CIF) for U.S. payment cards (credit & debit) increased 6.1% year-on-year (YOY) in the fourth quarter (4Q/18), compared to a 2.1% YOY gain in the prior quarter. Visa and Mastercard U.S. credit cards increased 3.4% YOY while CIF for debit cards rose 8.1% YOY, in 4Q/18. There are were 1371 million Visa…

Global Purchase Transactions

Global Purchase Transactions (Q4 PTX) Growing Strongly in All Four Corners

Global purchase transactions (PTX) for Visa and MasterCard debit and credit cards soared 15.9% year-on-year (YOY) in the fourth quarter (4Q/18). The YOY growth rate has been steadily expanding each quarter. One-year ago the YOY PTX growth rate was 12.5%. The two networks combined processed 69.1 billion purchase transactions in 4Q/18, compared to 65.6 billion for…

Credit Card Accounts U.S.

Credit Card Accounts Among Major 4 U.S.-Based Payment Networks Nose Up in Q4

Credit card accounts in the fourth quarter (4Q/18) for the U.S. Major 4: Visa, Mastercard, American Express and Discover, were up 5.0% year-on-year (YOY). For 4Q/17 the Major 4 gained 0.7% YOY and during 2016, the Major 4 increased U.S. gross credit card accounts (GAC) by 5.6%, according to data gathered by CardData. Mastercard led…