Largest US Issuers of General Purpose Credit Cards

General purpose consumer, small business and commercial credit card products carry the Visa, Mastercard, American Express and Discover brands. The 30 largest in calendar year 2023 are ranked in the table on page 5. The private label cards owned by some of these issuers are not included here. Purchase volume initiated by all general purpose credit cards issued in the US was $5.821 trillion in 2023, up 6.8% over 2022. The 10 largest US issuers generated $4.832 trillion in purchase volume, giving them an 83.01% market share in 2022, up from 82.83% in 2022. All the 10 largest issuers rank...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


February 2024
Headlines in this Issue
Charts in this Issue

Eight Largest US Issuers of General Purpose Credit Cards—Ranked by Purchase Volume in 2023

Comparison of General Purpose Card Issuers 2023 vs. 2018

The 30 Largest US Credit Card Issuers–2023

Market Shares of the 5 Largest Credit Card Outstanding Portfolios

Largest Acquisitions in the Payment Card Industry

Market Shares of Outstandings at the 5 Largest US General Purpose Credit Card Issuers since 2010

Top 15 Mastercard and Visa Credit Card Issuers in the US–Ranked by Outstandings 2017 through 2023

Top 50 Mastercard and Visa Credit Card Issuers in the US

Publicly Traded Companies in Payments, February 26, 2024