The Nilson Report

Issue 1162 | Oct 2019

FEATURED COMPANIES

Companies featured in this issue include:

Payment Cards in Circulation Worldwide—Projected

Top Issuers of General Purpose Credit Cards in the U.S. Midyear 2019

mPOS Devices Shipped 2018

Largest Credit Card Issuers in Latin America

Largest Debit Card Issuers in Latin America

Top General Purpose/Visa/Mastercard Card Issuers in Latin America

Acceptance Locations for Global Brands

Top General Purpose/Visa/Mastercard Card Issuers in Latin America

The five largest payment card issuers in the Latin America and Caribbean region are listed here. The 50 largest appear on page 11 of our current issue.

1. Itau Unibanco, Brazil
$126.43 billion general purpose volume
2. Banco Bradesco, Brazil
$81.71 billion general purpose volume
3. Bando do Brasil, Brazil
$67.72 billion general purpose volume
4. Banco Santander, Brazil
$55.92 billion general purpose volume
5. Caixa Economica Federal, Brazil
$49.48 billion general purpose volume

Full access to the Top General Purpose/Visa/Mastercard Card Issuers in Latin America results is available when you subscribe to The Nilson Report.

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POSTED OCT 16, 2019 | PRINT

Top U.S. GP Credit Card Issuers at Midyear

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

The 12 largest U.S. issuers of Visa, Mastercard, American Express, and Discover general purpose credit cards based on outstanding receivables collectively owned $825.04 billion in outstandings as of June 30, 2019, an increase of 5.3% from June 30, 2018.

Spending for goods and services (no cash advances or balance transfers) on cards issued by the 12 largest generated $1.674 trillion from January 1 through June 30, 2019, up 7.3% over the same period in 2018.

Outstandings and purchase volume included consumer, small business, and commercial card products combined. Figures shown here for American Express and Discover include only their direct-issuing business. Outstandings and purchase volume tied to Amex and Discover cards issued by third parties are counted with those issuers.

The highest dollar increase in outstandings (up $12.32 billion) was generated by JPMorgan Chase, followed by American Express (up $8.70 billion), Discover (up $4.58 billion), U.S. Bank (up $3.25 billion), Citi (up $2.89 billion), Capital One (up $2.44 billion), Navy FCU (up $2.38 billion), Wells Fargo (up $2.13 billion), Barclays (up $1.38 billion), Synchrony Financial (up $1.18 billion), and USAA (up $0.06 billion). Bank of America was down $0.01 billion.

Market share increases in credit card outstandings were led by JPMorgan Chase, which gained 50 basis points (bps), American Express was up 34 bps, Navy FCU was up 16 bps, U.S. Bank was up 14 bps, Discover was up 11 bps, Synchrony was up 2 bps, and Wells Fargo and Barclays were both up 1 bps. Bank of America, Citi, Capital One, and USAA lost share.

The highest dollar increase in purchase volume was generated by JPMorgan Chase (up $32.60 billion), followed by American Express (up $26.02 billion), Capital One (up $15.90 billion), and Citi (up $14.09 billion). Smaller increases were generated by Bank of America (up $7.77 billion), U.S. Bank (up $4.39 billion), Wells Fargo (up $3.71 billion), Discover (up $3.64 billion), Synchrony (up $1.71 billion), PNC Bank (up $1.60 billion), USAA (up $1.12 billion), and Barclays (up $0.79 billion). 

The industry average increase in purchase volume for the first six months of 2019 was 7.8%. Issuers among the top 12 that had higher increases were led by JPMorgan Chase with a market share increase of 26 bps, followed by Capital One with a market share increase of 18 bps, and PNC with a market share increase of 1 bps.

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