Issue 1214

Award-winning business intelligence, payment card statistics, industry news, and dozens of executive contacts in every issue. Subscribers receive 22 issues a year.
February 2022
Featured Chart

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

The seven largest issuers generated $3.517 trillion in purchase volume in 2021, up 25.6%. They accounted for 77.1% of the industry’s $4.564-trillion total.

Featured Companies

Message from the Publisher

This is the 1,214th issue of the Nilson Report to be published since the company was founded in 1970. On pages 16 and 17, we honor our newsletter’s original publisher, H. Spencer Nilson. Spencer was our chief executive for 35 years. He was also my family member, mentor and friend. Please do read the pages titled In Memoriam. I think you will be both informed and amused by knowing a bit about this extraordinary man.

David Robertson, Publisher
February 28, 2022



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

Market Shares of Outstandings for Top U.S. Issuers in 2021

Top 20 U.S. Credit Cards Issuers—Ranked by Outstandings, Purchase Volume, Purchase Transactions and Cards 2021

U.S. Mastercard and Visa Credit Card Issuers—Purchase Transactions

Top 50 Mastercard & Visa Credit Card Issuers in the U.S.

Global Brand General Purpose Cards

Publicly Traded Companies in Payments


Top 50 Mastercard & Visa Credit Card Issuers in the U.S.
U.S.-based issuers of Visa and Mastercard credit cards generated 39.45 billion transactions for purchases of goods and services in 2021. The five largest issuers are ranked below based on purchase transactions in 2021.

1. Chase, Delaware
11.26 million purchase transactions
2. Capital One, Virginia
5.19 million purchase transactions
3. Citi, South Dakota
4.66 million purchase transactions
4. Bank of America, Delaware
4.53 million purchase transactions
5. U.S. Bank, Ohio
1.48 million purchase transactions

Full access to the Top 50 Mastercard & Visa Credit Card Issuers results in the United States is available when you subscribe to the Nilson Report.

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