More than half of consumers in the United States pointed to one clear reason in 2024 why their credit cards had maxed out that year. A survey held by a personal finance firm in October 2024 named inflation as the most likely rason why consumers had reached their credit card spending limit, ahead of emergency expenses. The total credit card debt in the United States was over 1.1 trillion U.S. dollars - up 26 billion U.S. dollars between Q2 2024 and Q3 2024. The source adds that people who maxed out their cards were likely to fall into credit card delinquency.

Graph and download economic data for Producer Price Index by Industry: Commercial Banking: Credit Cards, Overdraft Credit, and Related Plans (PCU522110522110107) from Dec 2003 to Jun 2025 about credit cards, credits, commercial, banks, depository institutions, PPI, industry, inflation, price index, indexes, price, and USA.

Commercial bank interest rates on credit card plans in the United States were over *** percent higher in early 2025 than in the same period in 2022. In February 2025, the interest amount on credit card plans amounted to ***** percent. Alongside this development, the overall amount of credit card debt in the U.S. reached an all-time high in Q4 2023. Credit cards are considered one of the most common ways to pay in the United States, so potential changes on credit card debt are closely tied to both the inflation figure and central bank interest rate of the country.

Debt Balance Credit Cards in the United States decreased to 1.18 Trillion USD in the first quarter of 2025 from 1.21 Trillion USD in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Debt Balance Credit Cards.

Credit card issuance revenue is slated to dip at a compound annual rate of 1.3% over the five years through 2024-25 to £16.7 billion, although it’s expected to climb by 2.6% in 2024-25. The COVID-19 outbreak dealt a hefty blow to credit card issuers as households used their cards for fewer purchases. The cost-of-living crisis has been both a blessing and a curse – on the one hand, households have turned to credit cards to pay for necessities as disposable incomes have fallen; on the other, it’s caused a higher rate of default and a lower level of total spending. Rampant inflation has made revenue very volatile. Drops in disposable income have left households scrambling to pay for necessities, with the ONS finding that 21% of adults had to use personal loans or credit cards to afford their living costs across 2023-24. This has been good for the industry, as issuers benefit from more transaction fees and have more customers with outstanding balances on which they collect interest. However, there are some negatives, namely the jump in defaulting. Consumer information company Which? estimates that two million households missed some repayment in April 2023, dealing a blow to credit card issuers’ revenue and denting their profit. In 2024-25, inflation is easing back down, falling to 2.3% in April, while interest rates remain at a high of 5.25%, upping profit for the industry. Credit card issuance revenue is forecast to expand at a compound annual rate of 3% over the five years through 2029-30 to reach £19.3 billion. The credit card industry is bracing for future changes. Intensified regulations, like the FCA's Consumer Duty, will put pressure on issuers, increasing costs and affecting profit. Credit card issuers will also grapple with shifting demographic trends, as Gen Z and millennials show a growing preference for debit cards over traditional credit cards. However, competition looms from BNPL platforms like Klarna, which offer appealing alternatives and are currently exempt from regulation. The burgeoning e-commerce sector offers a bright spot, with credit card companies anticipating increased usage of credit cards for online purchases, bolstering transaction fee revenue.

Graph and download economic data for Producer Price Index by Commodity: Credit Intermediation Services (Partial): Credit Cards, Overdraft Credit, and Related Plans (Partial) (WPU39120301) from Apr 2009 to Jun 2025 about intermediate, credit cards, credits, services, commodities, PPI, inflation, price index, indexes, price, and USA.

Cost of living in 2022 changed payment behavior for online shopping in the United States, with five out of 10 respondents now using debit cards more often. This according to a survey held in 10 different countries across North America, Europe, and Latin America, and purely asked on whether cost of living had changed payment behavior in those countries. Credit cards, BNPL, and crypto were all used more often, but neither saw the largest growth: 51 percent of respondents who changed their payment habits because of the rising cost of living in 2022 are paying online with debit cards more often than they did in the previous year.

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.

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.

Envestnet®| Yodlee®'s Credit Card Spending Data (Aggregate/Row) Panels consist of de-identified, near-real time (T+1) USA credit/debit/ACH transaction level data – offering a wide view of the consumer activity ecosystem. The underlying data is sourced from end users leveraging the aggregation portion of the Envestnet®| Yodlee®'s financial technology platform.

Envestnet | Yodlee Consumer Panels (Aggregate/Row) include data relating to millions of transactions, including ticket size and merchant location. The dataset includes de-identified credit/debit card and bank transactions (such as a payroll deposit, account transfer, or mortgage payment). Our coverage offers insights into areas such as consumer, TMT, energy, REITs, internet, utilities, ecommerce, MBS, CMBS, equities, credit, commodities, FX, and corporate activity. We apply rigorous data science practices to deliver key KPIs daily that are focused, relevant, and ready to put into production.

We offer free trials. Our team is available to provide support for loading, validation, sample scripts, or other services you may need to generate insights from our data.

Investors, corporate researchers, and corporates can use our data to answer some key business questions such as: - How much are consumers spending with specific merchants/brands and how is that changing over time? - Is the share of consumer spend at a specific merchant increasing or decreasing? - How are consumers reacting to new products or services launched by merchants? - For loyal customers, how is the share of spend changing over time? - What is the company’s market share in a region for similar customers? - Is the company’s loyal user base increasing or decreasing? - Is the lifetime customer value increasing or decreasing?

Additional Use Cases: - Use spending data to analyze sales/revenue broadly (sector-wide) or granular (company-specific). Historically, our tracked consumer spend has correlated above 85% with company-reported data from thousands of firms. Users can sort and filter by many metrics and KPIs, such as sales and transaction growth rates and online or offline transactions, as well as view customer behavior within a geographic market at a state or city level. - Reveal cohort consumer behavior to decipher long-term behavioral consumer spending shifts. Measure market share, wallet share, loyalty, consumer lifetime value, retention, demographics, and more.) - Study the effects of inflation rates via such metrics as increased total spend, ticket size, and number of transactions. - Seek out alpha-generating signals or manage your business strategically with essential, aggregated transaction and spending data analytics.

Use Cases Categories (Our data provides an innumerable amount of use cases, and we look forward to working with new ones): 1. Market Research: Company Analysis, Company Valuation, Competitive Intelligence, Competitor Analysis, Competitor Analytics, Competitor Insights, Customer Data Enrichment, Customer Data Insights, Customer Data Intelligence, Demand Forecasting, Ecommerce Intelligence, Employee Pay Strategy, Employment Analytics, Job Income Analysis, Job Market Pricing, Marketing, Marketing Data Enrichment, Marketing Intelligence, Marketing Strategy, Payment History Analytics, Price Analysis, Pricing Analytics, Retail, Retail Analytics, Retail Intelligence, Retail POS Data Analysis, and Salary Benchmarking

1. Investment Research: Financial Services, Hedge Funds, Investing, Mergers & Acquisitions (M&A), Stock Picking, Venture Capital (VC)

2. Consumer Analysis: Consumer Data Enrichment, Consumer Intelligence

3. Market Data: AnalyticsB2C Data Enrichment, Bank Data Enrichment, Behavioral Analytics, Benchmarking, Customer Insights, Customer Intelligence, Data Enhancement, Data Enrichment, Data Intelligence, Data Modeling, Ecommerce Analysis, Ecommerce Data Enrichment, Economic Analysis, Financial Data Enrichment, Financial Intelligence, Local Economic Forecasting, Location-based Analytics, Market Analysis, Market Analytics, Market Intelligence, Market Potential Analysis, Market Research, Market Share Analysis, Sales, Sales Data Enrichment, Sales Enablement, Sales Insights, Sales Intelligence, Spending Analytics, Stock Market Predictions, and Trend Analysis

Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-07-09 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.

The global credit card market, valued at $1,404,430 million in 2025, is projected to experience robust growth, driven by the increasing adoption of digital payment methods, rising e-commerce transactions, and the expansion of financial inclusion initiatives globally. A compound annual growth rate (CAGR) of 4.5% from 2025 to 2033 indicates a significant market expansion. Key market segments include personal and corporate credit cards, catering to diverse user needs ranging from daily consumption and travel to entertainment and other expenditures. North America and Europe currently hold the largest market shares, fueled by established financial infrastructure and high consumer spending. However, emerging markets in Asia-Pacific and other regions are demonstrating substantial growth potential, driven by rapid economic development and increasing credit card penetration. The competitive landscape is dominated by major international banks and financial institutions such as JPMorgan Chase, Citibank, and American Express, alongside regional players who are adapting to evolving technological advancements. The market's growth is further influenced by factors such as evolving consumer preferences, government regulations, and the integration of fintech solutions. Strategic partnerships and innovations in areas such as rewards programs and mobile payment integration are key differentiators in this competitive landscape. The continued expansion of the credit card market hinges on effective risk management practices by financial institutions to mitigate potential defaults and fraud. The increasing adoption of sophisticated fraud detection technologies and robust credit scoring models are vital for sustainable growth. Furthermore, the market's trajectory is influenced by economic conditions, particularly interest rates and inflation, which directly impact consumer spending and borrowing behavior. Government policies and regulations related to consumer protection and data privacy are also influential factors. The evolving regulatory environment necessitates a proactive approach by financial institutions to comply with evolving standards and ensure responsible lending practices. Ultimately, the future of the credit card market hinges on a balance between fostering financial inclusion, managing risk, and leveraging technological advancements to improve user experience and security.

Inflation in 2022 changed payment behavior for online shopping in the UK, with **** out of 10 respondents now paying with a credit card. This according to a survey held in ** different countries across North America, Europe, and Latin America, and purely asked on whether cost of living had changed payment behavior in those countries. Credit cards, BNPL, and crypto were all used more often, but neither saw the largest growth: ** percent of respondents who changed their payment habits because of the rising cost of living in 2022 are paying online with debit cards more often than they did in the previous year.

The Credit Card Issuance industry has contracted as the number of cards issued and balances accruing interest have fallen. Issuers have faced significant competition from other forms of payment like debit cards and BNPL services. The monthly value of debit card transactions has continued to surpass the monthly value of credit card transactions thanks to initiatives like the Reserve Bank of Australia's (RBA) least-cost routing initiative. BNPL services have also gained popularity with younger consumers who constitute a significant market for online sellers. That's why revenue is set to weaken by an annualised 5.3% over the five years through 2024-25, to $7.6 billion. To compete with sophisticated competition, credit card issuers have beefed up their reward and referral programs and integrated online payment, service and customer acquisition platforms into their operations. The Big Four banks dominate the industry and NAB's acquisition of Citigroup's Australian consumer banking business has expanded its collective market share. Economic conditions tied to inflationary pressures have ravaged consumer sentiment and appetites for spending through credit. Some customers have opted to pay down debt instead and have avoided taking on more. A sharp climb in interest rates over the past few years has compounded this dynamic, which is set to constrain industry performance in 2024-25, with revenue declining by an anticipated 0.9%. Credit card issuers' performance will improve over the coming years as economic conditions recover. Credit card issuance revenue is projected to expand at an annualised 2.0% through the end of 2029-30, to total $8.4 billion. The RBA is forecast to slash the cash rate once inflation falls within the central banks' target band, lifting credit card issuer profit margins as funding costs drop. Alternative payment methods, like BNPL services, debit transactions and other fintech solutions, are on track to sap away demand for credit cards. However, easing inflationary pressures and lower interest rates over the medium term are set to spur household consumption expenditure and credit card use. In response to the fierce competition, issuers will emphasise innovation and enhance their rewards and points systems to entice consumers.

CPI: Prev Month=100: Bank Services: Credit Card Annual Service Fee data was reported at 100.000 Prev Mth=100 in Dec 2018. This records a decrease from the previous number of 100.130 Prev Mth=100 for Nov 2018. CPI: Prev Month=100: Bank Services: Credit Card Annual Service Fee data is updated monthly, averaging 100.015 Prev Mth=100 from Jan 2004 (Median) to Dec 2018, with 180 observations. The data reached an all-time high of 106.570 Prev Mth=100 in Oct 2007 and a record low of 99.020 Prev Mth=100 in Jul 2007. CPI: Prev Month=100: Bank Services: Credit Card Annual Service Fee data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA011: Consumer Price Index: Previous Month=100: Services.

Russia Consumer Price Index (CPI): Weights: Services: Bank Services: Credit Card Annual Service Fee data was reported at 0.110 % in 2019. This records an increase from the previous number of 0.099 % for 2018. Russia Consumer Price Index (CPI): Weights: Services: Bank Services: Credit Card Annual Service Fee data is updated yearly, averaging 0.097 % from Dec 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 0.116 % in 2017 and a record low of 0.073 % in 2012. Russia Consumer Price Index (CPI): Weights: Services: Bank Services: Credit Card Annual Service Fee data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA027: Consumer Price Index: Weights.

The Canadian Financial Capability Survey (CFCS) is sponsored by Human Resources and Skills Development Canada, Finance Canada and the Financial Consumer Agency of Canada. Specifically, the survey will shed light on Canadians' knowledge, abilities and behaviour concerning financial decision-making. In other words, how Canadians understand their financial situation, the financial services available to them and their plans for the future. The survey is designed to collect information surrounding respondents' approaches to day-to-day money management and budgeting, longer term money management and general financial planning.

Inflation in 2022 changed payment behavior for online shopping in Brazil, with five out of 10 respondents now paying with a credit card. This according to a survey held in ** different countries across North America, Europe, and Latin America, and purely asked on whether cost of living had changed payment behavior in those countries. BNPL, and crypto were all used more often, but neither saw the largest growth: ** percent of respondents who changed their payment habits because of the rising cost of living in 2022 are paying online with credit cards more often than they did in the previous year. The source adds this is different from other countries it surveyed, stating that debit cards were often the payment method with the highest increase.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Which of the four factors directly impact your total cost of using the credit card?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Inflation in 2022 changed payment behavior for online shopping in Germany, with **** out of 10 respondents now paying with a credit card. This according to a survey held in ** different countries across North America, Europe, and Latin America, and purely asked on whether cost of living had changed payment behavior in those countries. Credit cards, BNPL, and crypto were all used more often, but neither saw the largest growth: ** percent of respondents who changed their payment habits because of the rising cost of living in 2022 are paying online with debit cards more often than they did in the previous year.