U.S. General Purpose Credit Card Issuers at Midyear 2020

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U.S. General Purpose Credit Card Issuers at Midyear 2020

The 12 largest U.S. issuers of Visa, Mastercard, American Express, and Discover general purpose credit cards based on outstanding receivables collectively owned $735.68 billion in outstandings at June 30, 2020, down 10.7% or a decline of $87.96 billion from $823.64 billion at June 30, 2019. Purchase volume—spending for goods and services—on cards issued by the 12 largest generated $1.462 trillion from January 1 through June 30, 2020, down 12.6% or a decline of $210.85 billion versus the same period in 2019. Purchase volume and outstandings included consumer, small business, and comme...

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