The Nilson Report

Issue 1158 | Jul 2019


Companies featured in this issue include:

Asia–Pacific Market Shares of Purchase Volume

Largest U.S. Issuers of Consumer Visa and Mastercard Cards 2018

Asia–Pacific Market Shares of Purchase Transactions by Brand 2018

Asia–Pacific General Purpose Cards 2018 vs. 2017

Year-Over-Year Growth/Decline in Purchase Volume on Cards Issued in Asia–Pacific

Prepaid Cards in the U.S. 2018

U.S. Visa & Mastercard Commercial Cards–Purchase Volume 2018

U.S. Visa & Mastercard Commercial Cards–Purchase Volume 2018

Visa and Mastercard commercial card purchase volume reached $982.69 billion last year, up 12.4%. Credit cards accounted for $718.73 billion of that total.

1. Small Business
$356.18 billion purchase volume, +18.2%
2. Purchasing & Fleet
$316.08 billion purchase volume, +12.3%
3. Debit & Prepaid
$263.96 billion purchase volume, +6.5%
4. Corporate
$46.46 billion purchase volume, +7.6%
5. Total
$982.69 billion purchase volume, +12.4%

Small business cards had the greatest growth among commercial cards in the U.S. when ranked by purchase volume in 2018. Full access to these results is available when you subscribe to The Nilson Report.



American Express Blue Business Cash Card

The Blue Business Cash Card for small businesses from American Express has no annual fee, offers 2% cash back on eligible purchases (automatically credited to card statements), and provides Expanded Buying Power to help business owners manage cash flow.

The 2% cash back applies to all purchases up to $50,000 per calendar year. There is 1% cash back on all purchases after that. The card offers a 0% introductory APR for 12 months on purchases and balance transfers. After that there is a variable rate APR, which is currently 15.49% to 21.49% depending on creditworthiness. 

Expanded Buying Power means business owners can spend beyond the card’s credit limit to pursue growth opportunities quickly or deal with unexpected costs. There is no penalty when exceeding the credit limit when making larger purchases, such as inventory or equipment. Cash back is also earned on that spending. At the end of the billing cycle, the portion above their credit limit is due in full. Cardholders retain the option to choose to fund the remaining balance as revolving credit or pay in full.

The amount owners can spend above their credit limit adjusts with use of the card, payment history, credit record, financial resources, and other factors.

E-Bai Koo is Executive VP, Global Commercial Services at American Express in New York,,

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