Credit Card Outstandings

Big 6 Credit Card Outstandings Growth Slows Markedly YOY in Q4 – AXP Peer Leader

U.S. credit card outstandings end-of-period (EOP) among the Big 6 credit card issuers increased 2.7% in the fourth quarter (4Q/18) year-on-year (YOY), compared to a 6.8% YOY for the year ago quarter. Over the past two years, Big 6 outstandings have jumped 9.7%. The Big 6: Chase (JPM), Capital One (COF), Bank of America (BAC),…