• Number of cards with a credit function in Hungary 2012-2019

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This statistic displays the development in the number of cards with a credit function in Hungary from 2012 to 2019. During the period observed, the number of cards with a credit function fluctuated. In 2012, the number of credit cards amounted to approximately 1.26 million, by 2017 this number had increased to 1.4 million, then by 2019, the number of credit cards decreased to 1.26 million.

Total number of cards with a credit function in Hungary from 2012 to 2019 (in 1,000s)

	Number of cards in thousands
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Source

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Source

Release date

September 2020

More information

Region

Hungary

Survey time period

2012 to 2019

Supplementary notes

Cards issued by resident payment service providers (PSPs).

The source added the following information "A card enabling cardholders to make purchases and in some cases also to withdraw cash up to a pre-arranged ceiling. The credit granted can be settled in full by the end of a specified period or may be settled in part, with the balance taken as extended credit on which interest is usually charged. The holder is sometimes charged other fees, such as an annual fee. The distinguishing feature of a card with a credit function, in contrast to a card with a debit function or a delayed debit function, is the contractual agreement granting the cardholder a credit line allowing for extended credit (irrespective of whether the cardholder actually makes use of this feature or chooses to settle the full amount of the debt incurred at the end of a specified period)."