Consumer, small business and commercial card products issued by the top 100 issuers in the United States generated $9.204 trillion in purchase volume (spending for goods and services) in 2025, up 4.6% over the top 100 issuers in 2024. For the complete ranking, log in and download Issue 1308. Purchase volume included Visa, Mastercard, American Express and Discover cards, combined with Interlink, Star, Pulse, Nyce and other domestic-only PIN-based (predominately) debit networks. Airline, hotel, gasoline and other ...