The number of credit cards in use in the United States was forecast to continuously increase between 2024 and 2029 by in total ** million cards (+**** percent). After the fifteenth consecutive increasing year, the number is estimated to reach *** billion cards and therefore a new peak in 2029. Notably, the number of credit cards in use of was continuously increasing over the past years.Shown is the estimated number of credit cards currently in use.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

Credit card debt in the United States has been growing at a fast pace between 2021 and 2025. In the fourth quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans, as credit card debt decreased from *** billion U.S. dollars in the last quarter of 2019 to *** billion U.S. dollars in the first quarter of 2021. What portion of Americans use credit cards? A substantial portion of Americans had at least one credit card in 2025. That year, the penetration rate of credit cards in the United States was ** percent. This number increased by nearly seven percentage points since 2014. The primary factors behind the high utilization of credit cards in the United States are a prevalent culture of convenience, a wide range of reward schemes, and consumer preferences for postponed payments. Which companies dominate the credit card issuing market? In 2024, the leading credit card issuers in the U.S. by volume were JPMorgan Chase & Co. and American Express. Both firms recorded transactions worth over one trillion U.S. dollars that year. Citi and Capital One were the next banks in that ranking, with the transactions made with their credit cards amounting to over half a trillion U.S. dollars that year. Those industry giants, along with other prominent brand names in the industry such as Bank of America, Synchrony Financial, Wells Fargo, and others, dominate the credit card market. Due to their extensive customer base, appealing rewards, and competitive offerings, they have gained a significant market share, making them the preferred choice for consumers.

Introduction

Credit Card Statistics: A credit card is a widely used financial tool that allows consumers to make purchases or withdraw cash on credit, accruing debt to be repaid later. As of Q4 2024, Americans held approximately USD 1.21 trillion in credit card debt, marking a 4% increase from the previous year. The average credit card balance per consumer reached USD 6,730, up by 3.5% from 2023.

In the same period, the number of credit card accounts in the U.S. rose to about 617 million. Globally, Visa and Mastercard have approximately 1.3 billion and 1.1 billion credit cards in circulation, respectively. Credit cards accounted for 32% of all payment transactions in 2023, reflecting their significant role in consumer spending. However, 22% of credit card users make only minimum payments, indicating potential financial strain. Additionally, credit card delinquency rates rose to 3.6% in Q4 2024, highlighting challenges in debt repayment. These statistics underscore the importance of responsible credit card usage and financial management.

Credit cards also allow customers to build a debt balance that is related to the interest being charged. Let’s shed more light on “Credit Card Statistics†through this article.

Credit card processors and money transferring companies have witnessed substantial growth fueled by an expanding adoption of electronic payments. Recent trends show a remarkable increase in electronic transactions, with more businesses embracing a credit card-friendly approach. This has directly contributed to burgeoning revenue streams for providers. The heightened use of debit and credit cards, along with solid economic growth that has bolstered consumer spending and per capita disposable income, underpin this upward trajectory. Additionally, digitization trends, accelerated by the push towards e-commerce, have further cemented the integration of cards in everyday transactions, demonstrating the industry's resilience and adaptability to evolving market demands. Shifting economic conditions have significantly impacted revenue volatility for credit card processors and money transfer services. Initially, the pandemic reduced consumer spending, leading to a decreased demand for these services in 2020. Despite this, e-commerce sales surged, permitting some stability in revenue. As the US economy reopened, consumer spending increased, leading to substantial revenue growth in 2021. However, rampant inflation in 2022 dampened e-commerce performance, yet high wage growth kept revenue positive. This inflation also caused consumers to bolster their use of credit cards to cover rising expenses, raising profit. More recently, recessionary fears, spurred by higher interest rates, further constrained consumer spending and corporate expenditures, slowing growth. Despite these challenges, strong e-commerce activities have kept the industry resilient. Overall, revenue for credit card processing and money transferring companies has swelled at a CAGR of 6.9% over the past five years, reaching $147.7 billion in 2025. This includes a 2.7% rise in revenue in that year. Looking forward, economic growth is expected to alleviate recessionary fears and reinvigorate consumer spending. This, coupled with falling interest rates, should enhance market conditions and foster stronger revenue growth trajectories for providers. Increasing emphasis on security through biometric authentication and AI-driven solutions promises to elevate user confidence, making digital payment methods even more attractive. As cash use dwindles, the reliance on digital payment forms will surge, creating opportunities for both established players and emerging entrants. Larger providers will likely wield their financial clout to innovate and expand market reach, while smaller entities may need to differentiate and innovate to sustain competitive advantages. Overall, revenue for credit card processors and money transferrers is forecast to expand at a CAGR of 3.1% over the next five years, reaching $171.9 billion in 2030.

Credit card issuers generate revenue from cardholders primarily through fees and interest earned on revolving credit. Companies compete by offering customers lower interest rates, flexible and secure payment options and rewards programs based on spending levels. Over the past five years, industry revenue has grown at a CAGR of 1.6% to $178.6 billion, including an expected jump of 0.6% in 2025 alone. Industry profit has climbed to 31.6% in 2025, up from 11.9% in 2020. Improving employment and consumer spending levels and promoting increases in revolving balances are expected to support performance. Revenue declined both in 2020 and 2021 due to the economic volatility. Since then, revenue has crawled along, as the consumer price index has climbed which has contributed to the aggregate household debt to jump as consumers are increasingly using their credit cards for purchases, pushing demand and revenue higher. Competing economic trends and technology adoption will determine industry growth. Performance will continue to improve as consumer spending keeps increasing. However, while national unemployment is likely to decline and support demand for credit cards, Federal Reserve Board actions to stem inflation may threaten revenue generation. In addition, mounting industry competition in rewards programs will challenge profit margins. External competitive threats from companies providing Buy Now Pay Later expand consumers' credit options. These appealing new low or no-interest financing plans offered directly from sellers on social media platforms seamlessly link products to payment, bypassing industry operators' similar payment offerings. Emerging technologies like cryptocurrencies and artificial intelligence systems represent a significant opportunity for credit card issuers to secure market share and reduce costs. Overall, credit card issuing revenue is set to increase at a CAGR of 0.8% to $185.9 billion over the five years to 2030.

The credit card penetration in Thailand was forecast to continuously increase between 2024 and 2029 by in total 36.8 percentage points. After the fifteenth consecutive increasing year, the credit card penetration is estimated to reach 67.53 percent and therefore a new peak in 2029. Notably, the credit card penetration of was continuously increasing over the past years.The penetration rate refers to the share of the total population who use credit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the credit card penetration in countries like Malaysia and Philippines.

The European credit card market, valued at €2.47 billion in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 2.83% from 2025 to 2033. This growth is fueled by several key drivers. Increasing digitalization and e-commerce adoption across Europe are significantly boosting credit card transactions. Furthermore, the expanding middle class and rising disposable incomes in several European countries are contributing to increased consumer spending and a greater reliance on credit cards for purchases. Government initiatives aimed at promoting financial inclusion and the proliferation of contactless payment technologies are also playing a vital role in market expansion. Segmentation analysis reveals that general-purpose credit cards hold the largest market share, driven by their versatility and widespread acceptance. Within applications, food and groceries, along with restaurants and bars, represent significant segments, highlighting the prevalence of credit card use for everyday spending. Major players like Visa and Mastercard dominate the provider landscape, while banks such as Capital One, Citi Bank, and Chase maintain strong market positions. However, the market faces some restraints including concerns over increasing debt levels among consumers and the rise of alternative payment methods like mobile wallets and Buy Now Pay Later (BNPL) services. This competitive pressure necessitates continuous innovation and strategic adaptations by established players to retain their market share. The forecast period (2025-2033) anticipates sustained, albeit moderate, growth, influenced by evolving consumer preferences and technological advancements. Growth will likely be uneven across European nations, with countries exhibiting higher economic growth rates and greater digital adoption potentially experiencing faster credit card market expansion. The ongoing shift towards digital banking and the integration of credit cards within broader fintech ecosystems will further shape the market's trajectory. Specific regional variations will depend on factors such as regulatory environments, consumer behavior, and the availability of alternative payment solutions. Continued monitoring of these trends is critical for effective strategic planning within the European credit card market. Recent developments include: February 2023: ASOS, the global online fashion destination, and Capital One UK announced a new and exclusive credit card partnership. The partnership will likely launch a new ASOS credit card for eligible shoppers, available later this year. It is projected to provide a range of features and benefits that only come with using a credit card when they shop at ASOS and elsewhere, such as Section 75 protection on purchases over EUR 100., November 2022: Germany's leading international provider of ticketing services and live entertainment CTS EVENTIM presented its own branded credit card issued by Advanzia Bank. The Eventimcard offered an integrated loyalty program that gives cardholders VIP entry to venues owned or operated by CTS EVENTIM, free ticket delivery, and all the benefits included in the Mastercard Gold.. Key drivers for this market are: Usage of Credit Card give the bonus and reward points. Potential restraints include: Usage of Credit Card give the bonus and reward points. Notable trends are: Increasing Card Transactions in Europe have a Major Impact on Credit Card.

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q1 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

The Credit Card Processing industry has grown over the past five years. Consumers have been increasingly shifting away from credit cards towards debit cards and other payment methods, limiting further increases in turnover as debit cards have lower merchant fee rates than credit cards. However, surging transaction volumes have benefited processors' turnover. Moreover, network providers have continued to benefit from Australia's rapid adoption of non-cash and contactless payment technology. Overall, revenue is expected to rise at an annualised 5.9% over the five years through 2024-25, to $7.9 billion. Credit card processors have faced changing conditions over the past five years. The pandemic accelerated the adoption of online shopping and supported transaction volumes and demand for credit card processing. The widespread rollout of RBA's least-cost routing (LCR) initiative has spurred competition and benefited the EFTPOS network due to its cheaper rates but limited revenue generation by the wider industry. Revenue is anticipated to jump by 8.8% in 2024-25, with consumers increasingly shifting towards non-cash and mobile wallets like Apple Pay. Nonetheless, the continued shift towards debit cards is set to curb profitability and revenue growth. Revenue is forecast to increase at an annualised 4.8% over the five years through 2029-30, to $10.0 billion. Rising household consumption expenditure and the continued shift towards a cashless economy are projected to support revenue growth. Smaller credit card processors, like EFTPOS and American Express (Amex), are poised to challenge the dominant duo's status quo. For instance, Amex's new merchant acquisition program, OptBlue, aims to expand its presence across Australia by offering competitive rates, streamlined transactions and reduced fees. As providers enable LCR for mobile wallet transactions, which made up 39% of card transactions in the June 2024 quarter, EFTPOS is poised to challenge the dominance of Visa and Mastercard. The Australian government is proposing to ban debit card surcharges to alleviate the burden of expenses faced by consumers and small businesses. At the same time, the RBA has launched its Review of Retail Payments Regulation. Regulatory pressures will mount and weigh on providers' fees and profitability in the coming years.

Korea Credit Card Business: Year to Date: ED: Cash Advance data was reported at 47,464.900 KRW bn in Jun 2018. This records an increase from the previous number of 24,019.900 KRW bn for Mar 2018. Korea Credit Card Business: Year to Date: ED: Cash Advance data is updated quarterly, averaging 45,501.800 KRW bn from Mar 2016 (Median) to Jun 2018, with 10 observations. The data reached an all-time high of 87,838.400 KRW bn in Dec 2017 and a record low of 21,372.300 KRW bn in Mar 2016. Korea Credit Card Business: Year to Date: ED: Cash Advance data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.KA013: Credit Card Statistics: Financial Supervisory Service. The data is derived from the Credit Card specialized companies only.

Consumer Credit in the United States decreased to 5.10 USD Billion in May from 16.87 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Debit card payments in Spain increased by nearly 16 billion euros in 2023, a year-on-year increase of roughly nine percent. This was a sizable increase for the European country, continuing a trend upwards that set it in years ago. Before the coronavirus pandemic, a three-year survey from the European Central Bank observed that Spain ranked among the more likely countries in Europe to use cash money.

Macroeconomic improvements and greater acceptance of reward programs have driven growth for card reward program services. Over the past five years, consumers' willingness to accrue higher levels of debt led to increased demand for operators' complementary services. In addition, consumers have maintained a taste for rewards program services, while both national and local retailers have increased their card-linked marketing efforts. In addition, the economic recovery following volatility experienced at the onset of the period, coupled with rising aggregate household debt and corporate profit has enabled consumers' ability to manage credit card debt causing revenue to grow at a CAGR of 2.4% to $952.0 million over the past five years to 2024, including an expected increase of 1.1% in 2025 alone. The recent rate cuts have also contributed to increased consumer spending, positively influencing operators' profits. In 2025, profit measured as earnings before interest and taxes, is expected to account for 19.6% of revenue. Rising aggregate household debt levels have benefited operators. According to the Federal Reserve, aggregate household debt levels have increased from $15.6 trillion in 2020 to an estimated $16.1 trillion in 2025, as consumers have displayed confidence in their financials and have been willing to take on higher levels of debt amid macroeconomic growth. This trend was accelerated by high inflation, which exacerbated costs for consumers and forced many customers to purchase items via credit in an attempt to preserve their fiscal stability. Consumer spending has also grown at a CAGR of 3.4%. According to the latest data available from the Federal Reserve, domestic consumer credit and credit card balances have also increased. Over the next five years, revenue is expected to grow at a CAGR of 1.8% to $1.0 billion. Continued improvements in key macroeconomic variables and acceptance among downstream markets are expected to contribute to this growth, especially as the economy is expected to continue growing and lingering inflationary challenges are eased. Operators will contend with a massive level of competition, primarily from credit card issuers and banks that develop and maintain internal card reward programs. Credit card issuers will focus on wealthier consumers who tend to spend more on their cards, the anticipated growth in households earning more than $100,000 is forecast to boost revenue growth possibilities moving forward.

The credit card market in Japan was projected to reach ***** trillion Japanese yen in the fiscal year 2024. The market was forecast to increase to over *** trillion yen by fiscal 2030.Credit cards are the leading cashless payment method in Japan. Driven by the government's promotion of digital payments and the coronavirus (COVID-19) pandemic, the share of cashless payments has steadily increased in recent years.

The credit card penetration in the United States was forecast to continuously increase between 2024 and 2029 by in total *** percentage points. After the seventh consecutive increasing year, the credit card penetration is estimated to reach ***** percent and therefore a new peak in 2029. The penetration rate refers to the share of the total population who use credit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the credit card penetration in countries like Canada and Mexico.

As per Cognitive Market Research's latest published report, the Global Collectible Card Game market size was USD 7,930.07 Million in 2016 and it is forecasted to reach USD 31,870 Million by 2028. Collectible Card Game Industry's Compound Annual Growth Rate will be 14.49% from 2023 to 2030. Factors Affecting Collectible Card Game Market Growth

Rising adoption of smart phone

The popularity of the games has increased over the past few years. The online gaming is rapidly gaining popularity due to rise in the penetration of the smartphones. According to the secondary sources, the penetration of the smartphones, is estimated to have reached 78.05% in 2020.

An estimated 6.055 billion smartphone subscriptions worldwide and a global population of 7.8 billion are some of the factors, increasing the penetration of the smartphones, thereby increasing the adoption of the collectible card game for the smartphones.

The survey claims that the mobility and popularity of mobile devices have created an ideal environment for CCG players, hence most of players are switching from physical to digital CCGs.

Additionally, according to Ericsson, 5G has led to the rise in the speed of the network, with the decline in the latency. This has led to the high-production-value AAA-quality mobile games.

Furthermore, mobile game consumer spends reached $116 billion in 2021 that is 16 billion more than in 2020.This rise in the spending is expected to increase the rise in the download of several new mobile games.

Some of the mobile games, such as the magic, Star Wars, Pokémon, Hearthstone mobile games was one of the significantly popular smartphone mobile games.

According to study, in January 2022, the Hearthstone active players count was between 150,000 and 280,000. In 2020, gamers spent over 669 million hours in Hearthstone Battlegrounds and participated 291 Hearthstone Arena matches, according to the source.

These are some of the factors, leading to the rise in the adoption of the collectible card game. Therefore, the rise in the adoption of the smartphones, contribute for the growth of the collectible card game market.

Growth of Digital Gaming Platforms Fuels the Market Growth

The Restraints for Collectible Card Game Market

High cost associated with game (Access Detailed Analysis in the Full Report Version)


Rising concern over increase in screen time (Access Detailed Analysis in the Full Report Version)

Opportunities for Collectible Card Game Market

Technological advancement in digital infrastructure (Access Detailed Analysis in the Full Report Version)

Introduction of Collectible Card Game:

Collectible card game (CCG), also known as a trading card game (TCG) or a customizable card game. The game is played using a set of specially constructed playing cards.

In most of the CCGs, a player starts with a pre-made beginner level and then customizes it with a random variety of cards. These cards are either obtained from booster packs or trading with other players, which gradually building up their own library of cards.

A collectible card game is made up of the game's rules, cards, Intellectual Property (the subject or content), and occasionally beads/counters, dice, or other secondary items.

A collectible card game provides several benefits to the players. It encourages players to strategize, communicate and make predictions both during deck creation and game play.

The game also acts as learning tool as it helps to develop several skills such as analytical thinking, empathy, social manipulation, iterative design, and communication.

These collectible card games are either physical or online and can be played on PC, mobile, and other devices. With the rising usage of mobile and rising enthusiasm towards online competitions several game developers are working to develop innovative cards. Thus, there is high demand for collectible card game.

In 2024, the value of credit card transactions in South Korea amounted to around 1,059 trillion South Korean won, an increase from about 1,015 trillion won the previous year. The number and volume of credit card transactions have steadily increased in South Korea in recent decades. Compared with 2002, the transaction value has almost doubled. Credit card usage in South Korea Credit cards have become a very popular means of payment in South Korea. According to a survey, credit cards are the most preferred payment method among South Koreans, while cash accounts for only a relatively small proportion of total payments. The South Korean credit card industry grew rapidly after the government actively promoted the use of credit cards in the 1990s. Since then, the number of credit cards issued annually by banks and credit card companies has even exceeded the 100 million mark. The rise of mobile payments In recent years, mobile payments have become very common in South Korea, especially after the COVID-19 outbreak. Also known as "easy payment services," mobile payment services allow customers to make payments via smartphones using previously stored credit or debit card data. Online and offline payments can be made using just a passcode or fingerprint scan, bypassing the complicated authentication process previously required. Due to the convenience of mobile payments, the transaction value has increased more than 13-fold since 2016.

In the financial year 2024, there were about *** billion transactions made via credit cards across India. This was estimated to rise to over **** billion transactions in the financial year 2029 in the country.

The European virtual visa card market is experiencing robust growth, fueled by the increasing adoption of digital payment solutions and the expansion of e-commerce. The market, a significant segment of the global virtual card market valued at $51.84 billion in 2025 with a 20% CAGR, is projected to experience substantial expansion through 2033. Several factors contribute to this growth. Firstly, the rising popularity of online shopping and digital transactions across all demographics, coupled with the enhanced security and convenience offered by virtual cards, is driving adoption. Secondly, the proliferation of fintech companies offering innovative virtual card solutions, targeting both B2B and B2C segments, fuels competition and innovation. This includes players like Revolut, Klarna, and Bunq catering to consumer needs, while companies like Qonto and Stripe provide solutions for businesses. Finally, the supportive regulatory environment in many European countries is fostering a favorable environment for market expansion. The market is segmented by product type (B2B virtual cards, B2C remote payments virtual cards, B2C point-of-care virtual cards) and end-user (consumer and business use). While precise market share data for Europe within the global figure is unavailable, a reasonable estimate based on the global market size and considering Europe's significant digital economy suggests that Europe holds a substantial share (estimated at 25-30%). The growth trajectory is projected to be influenced by factors like increasing smartphone penetration, improved internet infrastructure, and further development of secure payment gateways. However, potential challenges exist. Concerns regarding data security and fraud remain, requiring robust security measures. Furthermore, regulatory changes across different European countries could impact market growth. Nevertheless, the overall outlook for the European virtual visa card market remains optimistic, with continued expansion anticipated throughout the forecast period. The focus on innovative features such as enhanced security protocols, personalized spending controls, and seamless integration with other financial services will be key differentiators driving further market penetration. Key players will likely focus on strategic partnerships, product diversification, and targeted marketing to consolidate their market share. This report provides a detailed analysis of the dynamic Virtual Visa Card market in Europe, covering the period from 2019 to 2033. With a focus on the estimated year 2025 and a forecast period spanning 2025-2033, this in-depth study explores market size (in millions), key trends, leading players, and future growth prospects within the European Union. The report leverages extensive primary and secondary research to offer actionable insights for businesses operating in or planning to enter this rapidly evolving market. Search terms such as virtual credit card Europe, virtual visa card market, B2B virtual cards Europe, and digital payment solutions Europe are incorporated throughout the report to optimize its visibility in search engine results. Recent developments include: In September 2023, Lloyds Bank launched a new virtual card for its businesses in partnership with Visa. The virtual card payment service will be available to Lloyds customers and is designed for users to control and track spending with the simplification of the payment process. Visa Commercial Pay exists as a virtual payment solution providing the technology to help businesses simplify and streamline their payments in a secure and controlled way., In September 2023, Wallester which operates in virtual card solutions partnered with Transferra which exists as a fintech provider in Europe. The partnership will be expanding Wallester's virtual card business in the European region and make its transactions more secure.. Key drivers for this market are: Rising in Adoption of Digital Payment Method, Increase in Adoption of Virtual Card Payments by E-Commerce Business. Potential restraints include: Rising in Adoption of Digital Payment Method, Increase in Adoption of Virtual Card Payments by E-Commerce Business. Notable trends are: Rising Digital Payment.

The credit card penetration in Brazil was forecast to continuously increase between 2024 and 2029 by in total 16.6 percentage points. After the twelfth consecutive increasing year, the credit card penetration is estimated to reach 62.27 percent and therefore a new peak in 2029. The penetration rate refers to the share of the total population who use credit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).