HomeNews2006June › US Cards

U.S. Cards Thu, Jun 29, 2006 AddThis Social Bookmark Button

By Ashish Rajan, CardTrak.com
Credit Card News - U.S. Cards

The number of general purpose payments cards in the U.S. is poised to cross the one billion milestone within the next twelve months. At the end of the first quarter there were 954.7 million credit and signature debit cards running on the four major U.S. networks, a 6% increase over the year-ago period. Among the major networks American Express is expanding its cardbase the fastest, rising 9.2% in 1Q/06 compared to VISA's 7.3% increase and MasterCard's 4.6% gain, according to CardData (www.carddata.com). Discover, which does not publicly report its card numbers, is estimated to have about 50.6 million cards-in-force at the end of the first quarter. Over the past five years the number of general purpose payments cards in the U.S. has increased nearly 28%.

1Q Cards-in-Force by Network
VISA497.2MM(+7.3%)
MasterCard362.9MM(+4.6%)
American Express44.0MM(+9.2%)
Discover50.6MMNC
TOTAL:954.7MM(+5.9%)
Source: CardData (www.carddata.com)
1Q U.S. Cards-in-Force Historical
2002:747.3 million
2003:791.9 million
2004:836.7 million
2005:901.3 million
2006:954.7 million
Source: CardData (www.carddata.com)