Number of credit cards in the U.S. 2000-2017, by type of credit card

This statistic presents the number of credit cards in the United States from 2000 to 2010 and a forecast thereof for 2017, by credit card type. In 2010, there were approximately 240 million VISA credit cards in the United States and this figure was expected to grow to 312 million in 2017.

Credit cards in the U.S. – additional information

The credit card industry is a major business in the United States. By 2014, the number of credit cards in the country was estimated to exceed one billion. The number of credit card accounts registered a peak in the fourth quarter of 2016, with around 453 million credit card accounts owned in the United States as of that time. In terms of credit available on credit cards, the industry reported the highest figure to date in the fourth quarter of 2017, amounting to 2.69 trillion U.S. dollars.

Store credit cards, provided by retailers as a way to offer discounts and rewards, are the most popular type of credit cards in the country. The retailers were expected to issue around 381 million credit cards in 2016. Customers usually hold more than one credit card, considering the number of credit card holders in the U.S. is relatively smaller than the number of cards issued. For instance, 114 million persons had store credit cards in 2000, while retailers issued about 597 million credit cards in the same year.

Visa is the most popular credit card company in the U.S., both in terms of cards issued as well as purchase volume. Visa issued approximately 240 million credit cards in 2010. The purchase volume of the Visa credit cards amounted to 809 billion U.S. dollars in the same year. In comparison, there were about 171 million MasterCard credit cards in circulation in the U.S. in 2010 with their purchase volume amounting to 479 billion U.S. dollars in the same year.

Number of credit cards in the United States from 2000 to 2017, by type of credit card

200020102017*
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Sources

Release date

December 2018

Region

United States

Survey time period

2000 to 2017

Supplementary notes

* Forecast.
** Cardholders may hold more than one type of card.
*** Includes Universal Air Travel Plan (UATP), phone cards, automobile rental, and miscellaneous cards; credit card purchase volume and cardholders exclude phone cards.

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Statistics on "Credit cards in the United States"

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