U.S. Credit Cards Projected — 2017 through 2022

Article

U.S. Credit Cards Projected — 2017 through 2022

There were 1.06 billion general purpose and private label consumer and commercial credit cards in circulation in the U.S. at December 31, 2017, an increase of 4.3% from 2016. At the end of 2022, credit cards in circulation are projected to reach 1.20 billion. Credit card purchase volume for goods and services reached $3.597 trillion in 2017, up 8.8% over the prior year. By 2022, credit cards are projected to generate $5.119 trillion in purchase volume, an increase of 42.3%. Over the next five years, credit cards with the American Express brand are projected to have the highest percentage...

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Nilson Report

1141

October 2018

Headlines in this Issue

Charts in this Issue

Payment Cards in the U.S.—Purchase Volume in 2017 vs. 2022

U.S. Credit and Debit Purchase Volume Projected

U.S. Credit and Debit Purchase Transactions Projected

U.S. Credit Card Purchase Volume Market Shares

U.S. Credit Card Outstandings

U.S. Debit Card Purchase Volume Market Shares

U.S. Credit and Debit Cards Cardholders Projected

U.S. Credit and Debit Cards Projected

U.S. Credit and Debit Cards Accounts Projected

U.S. Credit and Debit Cards Total Volume Projected

U.S. credit and Debit Cards Total Transactions Projected