Credit Card Marketshare

Credit Unions & Smaller Banks Nibble Away at Big 6 U.S. Credit Card Q4 Marketshare

As a peer group, the Big 6 U.S. issuers (Chase [JPM], Capital One [COF], Bank of America [BAC], Citibank [C], Discover [DFS], American Express [AXP]), control 52.6% of the U.S. credit card market based on 4Q/18 outstandings, compared to a 54.8% credit card marketshare for the third quarter, and 56.0% for 4Q/17. The Big 6…

Credit Card Q4 Yield

Credit Card Q4 Yield for the Big 6 U.S. Issuers Hit a 5+ Year High

Average credit card Q4 yield, among the nations’s Big 6 bank card issuers, edged up by 10 basis points (bps) sequentially at 12.06% and up 66 bps year-on-year (YOY) for the fourth quarter (4Q/18), compared to 11.96% for the prior quarter, and 11.40% for 4Q/17, according to data gathered by CardData. The U.S. Big 6…

Top 4 GDV - Capital One

Capital One Volume for U.S. Credit Cards Crosses $100 Billion Milestone in Q4

Capital One volume for the final quarter of 2018 (4Q/18) posted a solid 10.8% year-on-year (YOY) gain in gross dollar volume (GDV), which includes purchases and cash advances. The nation’s second largest issuer topped the $100 billion quarterly GDV mark for the first time, according to figures compiled by CardData. Capital One is also the…

Credit Card Write-Offs

Credit Card Write-Offs Moderate Among the Top 4 U.S. Major Issuers in Q4

While, credit card write-offs, or charge-offs, have been hanging around the 3.50% level over the past four years, the steady rise in credit card delinquency is changing the outllook for the next two years. Both early-stage (30-89 days) and late-stage (90-180 days) delinquency are setting four year highs. The Top 4 (Chase, Capital One, Bank…

Canadian Credit Card Q4

Canadian Credit Card Purchase Volume Down a Skosh in Q4

Canadian credit card purchase dollar volume (PDV) for Visa Mastercard payment cards (credit cards + debit cards) posted weaker than expected performance in the fourth quarter (4Q/18) up 5.5% on a nominal basis or 8.3% currency adjusted (FX) year-on-year (YOY). Sequentially, nominal and FX YOY increases were 4.9% and 9.9%, respectively, Canadian payment cards-in-force (CIF)…

Top 4 Credit Card Marketshare

Credit Card Marketshare Ends 2018 Steady at 46% for Top 4 U.S. Issuers

U.S. credit card marketshare, based on purchase dollar volume (PDV) among the top 4 U.S. bank credit card issuers, shows Capital One the only issuer with a positive gain in the fourth quarter (4Q/18), compared to the prior quarter. Top 4 Peer Group Marketshare As a peer group, the Top 4 U.S. issuers (Chase, Capital…

Credit Card U.S. Yield Top 4

Credit Card U.S. Yield Reaches New High Among Nation’s Top 4 Issuers in Q4

Average credit card U.S. yield, among the nations’s Top 4 bank card issuers, jumped 16 basis points (bps) sequentially at 12.10% and up 82 bps year-on-year (YOY) for the fourth quarter (4Q/18), compared to 11.94% for the prior quarter, and 11.28% for 4Q/17, according to data gathered by CardData Credit card yields average jumped among…

Credit Card Purchase Dollar Volume

Credit Card Purchase Dollar Volume Growth Slips Among Top 4 U.S. Issuers

Credit card purchase dollar vcolume (PDV) among the top four U.S. bank credit card issuers, rose 8.9% year-on-year (YOY) in the fourth quarter (4Q/18). PDV for Chase and Capital One where the only issuers scoring double digit gains in PDV YOY for the final quarter of 2018. The top four U.S. issuers (Chase, Capital One, Bank…

Credit Card Delinquency

Credit Card Delinquency Continues to Rise Slowly Among Top U.S. Issuers

Credit card delinquency (30+ days) for the fourth quarter (4Q/18), among the nation’s Top 4 issuers, increased 13 basis points (bps) sequentially, and edged up year-on-year (YOY) by 16 bps. According to CardData, the average rate among the top four issuers (Chase, Capital One, Bank of America, Citibank) was 2.40% for 4Q/18, compared to 2.27%…