Household Bank surpassed 21 million cards-in-force at year’s end, adding more than 600,000 accounts and increasing receivables 8% during the fourth quarter. The data are based on Bankcard Barometer/CardData’s ‘Fourth Quarter 1997 Portfolio Survey’, now underway.
HOUSEHOLD’S FOURTH QUARTER 1997 STATS (12-31-97)
RECV Q-VOL YTD-VOL ACCTS ACTVS CIF
HH $17.3b $9.7b $34.2b 16.0m 7.4 21.2m
recv-receivables; vol-volume; accts-accounts; actvs-actives;
cif-cards-in-force; Source CardWeb, Inc.’s Bankcard Update/CardData