The number of credit cards issued in the United Kingdom (UK) went down significantly since the COVID-19 pandemic, declining by around 10 percent between 2020 and 2021. This figure includes all credits cards currently in issue for all UK residents accounts, and as such, the total number of credit cards in issue is higher than the total number of credit card accounts in every month of the period under observation. Up until 2020, figures remained relatively stable, reaching a total of almost 66 million cards issued as of February 2020. By October 2021, there were about 59.6 million credit cards issued to UK residents.
Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021
(in millions)
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UK Finance. (January 19, 2022). Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021 (in millions) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/
UK Finance. "Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021 (in millions)." Chart. January 19, 2022. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/
UK Finance. (2022). Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021 (in millions). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/
UK Finance. "Number of Credit Cards in Issue in The United Kingdom (Uk) from January 2012 to October 2021 (in Millions)." Statista, Statista Inc., 19 Jan 2022, https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/
UK Finance, Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021 (in millions) Statista, https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/ (last visited October 06, 2024)
Number of credit cards in issue in the United Kingdom (UK) from January 2012 to October 2021 (in millions) [Graph], UK Finance, January 19, 2022. [Online]. Available: https://www.statista.com/statistics/282676/credit-cards-in-issue-in-the-united-kingdom-uk-monthly/