Nilson Report

Issue 1236 | Feb 2023


Companies featured in this issue include:

Top Issuers of General Purpose Credit Cards in the US 2022 vs 2021

Market Shares of Outstandings for Top Issuers in 2022 with Change vs 2021 in Basis Points

The 20 Largest US Credit Card Issuers in 2022—Ranked by Outstandings, Pur-chase Volume, Purchase Transactions and Cards

Largest Visa and Mastercard Credit Card Purchase Transactions in 2022

Top 50 Visa and Mastercard Credit Card Issuers in the US—Ranked by Out-standings in 2022

Publicly Traded Companies in Payments

Top 50 Visa and Mastercard Credit Card Issuers in the US

Among the 50 largest US issuers of Visa and Mastercard credit cards, 29 issuers had growth in purchase volume that exceeded the US industry average of 19.3% year-over-year growth. The top five are listed here.

Upgrade Card, New Jersey
Up 107.3%
Avant, Utah
Up 95.8%
Mission Lane, Utah
Up 73.8%
Goldman Sachs, Utah
Up 70.3%
Mercury Financial, Texas
Up 68.8%

Full access to the Top 50 Visa and Mastercard Credit Card Issuers in the US ranked by outstandings in 2022 is available when you subscribe to the Nilson Report.



Largest US General Purpose Credit Card Issuers

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

The 20 largest US issuers of general purpose type consumer, small business and commercial credit card products—which are those that carry Visa, Mastercard, American Express and Discover brands—for calendar year 2022 are ranked in the chart on page 1, in the pie chart on this page and in the table on page 6. Figures...

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