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Below is a list of the top 10 largest credit card issuers in the World at the end of 2009.
1. JPMorgan Chase - 119.4 million credit cards in circulation in the US.
2. Citibank - 92 million credit cards in circulation in the US.
3. Bank of America - 80.2 million credit cards.
4. American Express - 46.5 million credit cards.
5. Capital One - 46.3 million credit cards.
6. HSBC - The sixth largest credit card issuer in the World.
7. Discover - 54.4 million cards in circulation in the US.
8. Wells Fargo - 17.3 million credit cards in circulation.
9. Barclays
10. Lloyds Group
Source: cnbc.com, creditcards.com
Total Cards in circulation by Operator in the U.S., 2011
At the end of December 2011, approximately 520 million credit cards were in circulation in the United States with consumers' revolving debt of over $800 billion.
1. American Express credit: 50.6 million
2. MasterCard credit: 176 million
3. MasterCard debit: 129 million
4. Visa credit: 261 million
5. Visa debit: 392 million
6. Discover cards: 56 million
Source: Visa.com, MasterCard.com, AmericanExpress.com
Card Payment Transaction Value, 2010
| Rank |
Company |
US$ billion, 2010 |
| 1 |
JP Morgan Chase |
491.927 |
| 2 |
Bank of America |
466.119 |
| 3 |
American Express |
409.162 |
| 4 |
Citigroup Inc |
231.900 |
| 5 |
Wells Fargo & Co |
190.468 |
| 6 |
Capital One Financial |
98.344 |
| 7 |
US Bancorp |
94.413 |
| 8 |
Discover Financial Services |
91.908 |
| 9 |
USAA Savings Bank |
59.320 |
| 10 |
General Electric (GE Capital, GE Money) |
56.508 |
| 11 |
HSBC Holdings |
50.231 |
| 12 |
PNC Financial Services |
36.154 |
| 13 |
TD Bank Financial Group |
29.375 |
| 14 |
Barclaycard International |
28.893 |
| 15 |
Regions Financial Corp |
26.820 |
| 16 |
Fifth Third Bank |
25.720 |
| 17 |
SunTrust Bank |
25.506 |
| 18 |
Citizens Financial Group |
24.366 |
| 19 |
Citibank NA |
20.811 |
| 20 |
Target Corp |
10.033 |
| 21 |
Alliance Data Systems |
8.685 |
Credit Card Satisfaction Study Rankings
1. American Express
2. Discover Card
3. Chase
4. Barclaycard
5. US Bank
6. Citi Cards
7. Wells Fargo
8. Capital One
9. Bank of America
10. GE Capital Retail Bank
11. HSBC
(Source: J.D. Power and Associates, 2012)
Brazilian and Chinese banks are among the top 10 credit card issuers
Today the Brazilian and Chinese banks are among the top 10 largest credit card issuers in the World. Industrial and Commercial Bank of China (ICBC) is the highest ranking of the five fast-growing banks and is catching up fast with the world number one, JPMorgan Chase. The others are Brazil’s Itau Unibanco, Bradesco and Banco do Brasil and China Merchants Bank. ICBC has issued more than 73 million credit cards by end-June 2012.
Top Credit Card issuers in China, 2012
Following are the largest credit card issuers in China as of June 30, 2012.
1. Industrial and Commercial Bank of China (ICBC) - 73,040,000 credit cards
2. China Merchants Bank had issued - 42,180,000
3. China Construction Bank (CCB) - 36,040,000
4. Agricultural Bank of China (ABC) - 34,810,000
5. Bank of Communications (BoCom) - 24,180,000
6. China Everbright Bank - 12,890,000
Top Credit Card issuers in Brazil, 2010
1. Bradesco: 79.557 million cards
2. Itaú Unibanco: 52.200 million
3. Banco do Brasil: 27.981 million
4. Panamericano: 12.1 million
5. HSBC: 9.980 million
6. Caixa Econômica Federal: 4.98 million
7. Credicard Citi: 3.385 million
8. Votorantim: 924,423
9. Banco BMG: 527,229
10. Citi: 481,799
11. Cruzeiro do Sul: 383,094
12. Banestes: 323,356
13. Banrisul: 302,900
14. Banco de Brasília (BRB): 188,680
15. Safra: 32,135
History: The first widely accepted credit card was issued in 1950 by Diners Club. The first widely accepted plastic charge card was issued in 1958 by American Express. The first debit card was issued by Seattle's First National Bank for preferred customers in 1978.
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