American Express, Barclays Buy Card Portfolios

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American Express, Barclays Buy Card Portfolios

Barclays, the ninth largest credit card issuer in the US, will be the exclusive issuer of consumer and small business General Motors (GM) co-branded Mastercard credit cards beginning in the summer of 2025. GM is the largest US automobile manufacturer. Goldman Sachs, which currently issues GM Rewards Mastercard and GM Business Mastercard cards, took a $415-million write-off in its most recent quarter, mostly related to divestiture of the General Motors portfolio. General Motors co-branded cards, which were launched in 1992, have always been a Mastercard product. Mastercard will continue t...

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Nilson Report

1273

October 2024

Headlines in this Issue

Charts in this Issue

Top 10 Credit Card Portfolios Worldwide Based on Outstandings

Market Share of Credit Card Outstandings by Region at Year-End 2023

Credit Card Outstandings by Country Year-End 2023

Largest Credit Card Portfolios Worldwide Ranked by Outstanding Receivables—2023

Market Shares of Latin America Credit and Debit Card Issuers by Purchase Volume

Top General Purpose Card Issuers in Latin America

Top Credit Card and Debit Card Issuers in LA&C

Card Manufacturers Ranked by Cards Shipped in 2023—Part 2 (manufacturers of SIM cards, transportation/ticketing cards, private label prepaid cards, phone cards and nonpayment cards)

Mentioned Companies:

American Express, Barclays Buy Card Portfolios

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