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Credit Cards in the United Kingdom

Publisher MarketLine
Published Nov 06, 2025
Length 46 Pages
SKU # MTLN20768419

Description

Credit Cards in the United Kingdom

Summary

Credit Cards in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • A credit card is a financial product provided by a bank or financial institution that enables the cardholder to borrow money up to an established credit limit for making purchases or withdrawing cash. The cardholder must repay the borrowed amount, either in full or over time, with interest and fees applied if the balance is not settled by the due date. The market scope covers the consumer credit cards market.
  • The UK credit cards sector recorded balances outstanding of $93.0 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.2% between 2019 and 2024.
  • Sector consumption volume increased with a CAGR of 4.9% between 2019 and 2024, reaching a total of 4.7 billion transactions in 2024.
  • The UK accounted for a share of 2.8% of the European credit cards sector in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the credit cards market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in the United Kingdom
  • Leading company profiles reveal details of key credit cards market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom credit cards market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United Kingdom credit cards market by value in 2024?
  • What will be the size of the United Kingdom credit cards market in 2029?
  • What factors are affecting the strength of competition in the United Kingdom credit cards market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United Kingdom's credit cards market?

Table of Contents

46 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. HSBC Bank Plc
8.2. Lloyds Banking Group Plc
8.3. Barclays Plc
8.4. American Express Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Kingdom credit cards sector value: $ billion, 2019-24
Table 2: United Kingdom credit cards sector volume: million number of transactions, 2019-24
Table 3: United Kingdom credit cards sector geography segmentation: $ billion, 2024
Table 4: United Kingdom credit cards sector value forecast: $ billion, 2024-29
Table 5: United Kingdom credit cards sector volume forecast: million number of transactions, 2024-29
Table 6: HSBC Bank Plc: Key Facts
Table 7: HSBC Bank Plc: Key Employees
Table 8: Lloyds Banking Group Plc: Key Facts
Table 9: Lloyds Banking Group Plc: Annual Financial Ratios
Table 10: Lloyds Banking Group Plc: Key Employees
Table 11: Lloyds Banking Group Plc: Key Employees Continued
Table 12: Barclays Plc: Key Facts
Table 13: Barclays Plc: Annual Financial Ratios
Table 14: Barclays Plc: Key Employees
Table 15: Barclays Plc: Key Employees Continued
Table 16: Barclays Plc: Key Employees Continued
Table 17: American Express Co: Key Facts
Table 18: American Express Co: Annual Financial Ratios
Table 19: American Express Co: Key Employees
Table 20: United Kingdom Size of Population (Million), 2020-24
Table 21: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: United Kingdom GDP (Current Prices, $ Billion), 2020-24
Table 22: United Kingdom Inflation, 2020-24
Table 23: United Kingdom Consumer Price Index (Absolute), 2020-24
Table 24: United Kingdom Exchange Rate, 2019-24
List of Figures
Figure 1: United Kingdom credit cards sector value: $ billion, 2019-24
Figure 2: United Kingdom credit cards sector volume: million number of transactions, 2019-24
Figure 3: United Kingdom credit cards sector geography segmentation: % share, by value, 2024
Figure 4: United Kingdom credit cards sector value forecast: $ billion, 2024-29
Figure 5: United Kingdom credit cards sector volume forecast: million number of transactions, 2024-29
Figure 6: Forces driving competition in the credit cards sector in the United Kingdom, 2024
Figure 7: Drivers of buyer power in the credit cards sector in the United Kingdom, 2024
Figure 8: Drivers of supplier power in the credit cards sector in the United Kingdom, 2024
Figure 9: Factors influencing the likelihood of new entrants in the credit cards sector in the United Kingdom, 2024
Figure 10: Factors influencing the threat of substitutes in the credit cards sector in the United Kingdom, 2024
Figure 11: Drivers of degree of rivalry in the credit cards sector in the United Kingdom, 2024

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