Nilson Report

Issue 1212 | Jan 2022

FEATURED COMPANIES

Companies featured in this issue include:

Credit Cards in the U.S.—Outstandings and Purchase Volume 1991-2026

Market Shares of U.S. Credit Card Outstandings in 2021

Investments in Merchant Acquiring/Processing by Region

Top M&A Transactions in 2021

American Express Cards 2021 vs. 2020

Discover Card 2021 vs. 2020

Income at Top U.S. Credit Card Issuers in 2021

Publicly Traded Companies in Payments

Income at Top U.S. Credit Card Issuers in 2021

The nine most profitable credit card issuers in the U.S. are featured on page 12 of issue 1212. Collectively, these companies had card pretax net income of $60.22 billion in 2021, up 147.9%. The four most profitable are shown below.

1. American Express
$11.70 billion
2. Capital One
$9.60 billion
3. Bank of America
$8.38 billion
4. Discover
$7.06 billion

Full access to the Income at Top U.S. Credit Card Issuers in 2021 results is available when you subscribe to the Nilson Report.

< BACK TO NEWSLETTER ARCHIVE

POSTED JAN 31, 2022 | PRINT

Discover Financial Services Results—2021

Please note: Only subscribers can access the charts included with this article.

Total Discover card volume, which is a combination of purchases of goods and services with credit card cash advances, grew 25.2% to $192.76 billion in 2021. Credit card cash volume accounted for 5.51% of total volume, down from 7.24% in 2020. The number of credit cards in circulation at December 31, 2021, was 61.0 million, an...

You have reached the limit of 3 free articles.

Want to read more?

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) on a searchable flash drive.
 
View Subscription Offers