Article

Mentioned Companies:

Outstandings on U.S. Credit Cards

Visa, Mastercard, American Express and Discover credit card receivables tied to consumer and commercial products issued in the U.S. dropped 14.9% to $866.28 billion at the end of 2020. This decline, triggered by the negative impact of Covid-19 on commercial and consumer credit card spending, marks the fourth time in the U.S. since the Great Recession when general purpose card outstandings declined. The other years were 2009 (down 10.4%), 2010 (down 8.0%) and 2012 (down 0.2%). Outstanding receivables tied to Visa, Mastercard, American Express and Discover cards as a percentage of credit card...

Want to read more?

Please log into your subscriber account.
OR

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

Newsletter

January 2021
Headlines in this Issue
Charts in this Issue

Outstandings on General Purpose Credit Cards in the U.S.

Market Shares of Outstandings on U.S. Credit Cards—2000 through 2020

Investments in Merchant Acquiring and Processing by Region—2020

Investments by Region—Number of Transactions in 2020

Income at Top U.S. Credit Card Issuers—2020 vs. 2019

American Express Cards 2020 vs. 2019

Discover Card 2020 vs. 2019

Investments and Acquisitions—December 2020