Credit Card Market Share Statistics  By Tamara E. Holmes  |  Updated: June 22, 2016 Republished here with attribution  under FairUse for education and commentary  American consumers collectively are approaching $1 trillion in credit card debt in mid-2016, according to the Federal Reserve consumer credit report.1  The top four issuers provide more than 57 percent of all the cards issued by 5,231 banks. The top 10 issuers issued nearly 90 percent.13The credit card industry is big business, and it is dominated by a handful of companies. There were some 14.5 billion U.S. general purpose credit card transactions in the first six months of 2015, accounting for more than $1.4 trillion in purchase volume.27 General

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Credit Card Market Share Statistics  By Tamara E. Holmes  |  Updated: June 22, 2016 Republished here with attribution  under FairUse for education and commentary  American consumers collectively are approaching $1 trillion in credit card debt in mid-2016, according to the Federal Reserve consumer credit report.1  The top four issuers provide more than 57 percent of all the cards issued by 5,231 banks. The top 10 issuers issued nearly 90 percent.13The credit card industry is big business, and it is dominated by a handful of companies. There were some 14.5 billion U.S. general purpose credit card transactions in the first six months of 2015, accounting for more than $1.4 trillion in purchase volume.27 General

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