CardTrak.com - Most Trusted Source of Credit Cards Since 1986

By Julia Spencer, CardTrak.com

While gross dollar volume on bank credit cards have increased 2.5 times since 1994, the average transaction has increased about 16% over the past decade. The average transaction on a general purpose credit card, carrying the VISA, MasterCard, American Express, or Discover brand, is now approaching $102, compared to $87 in 1994. Last year was the first time in the industry's history that the average credit card transaction topped $100. The increase in credit card ticket size is clearly related to the sharp rise in debit card transactions which siphon off smaller transactions. The average off-line debit purchase transaction is currently $39.78, according to CardData (www.carddata.com).