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Credit Cards in the United States

Publisher MarketLine
Published Nov 06, 2025
Length 51 Pages
SKU # MTLN20768117

Description

Credit Cards in the United States

Summary

Credit Cards in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 US credit cards sector recorded balances outstanding of $1,211.0 billion in 2024, representing a compound annual growth rate (CAGR) of 5.5% between 2019 and 2024.
  • Sector consumption volume increased with a CAGR of 7.8% between 2019 and 2024, reaching a total of 61.1 billion transactions in 2024.
  • The US accounted for the largest share of 89.5% of the North American 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 States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in the United States
  • 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 States credit cards market with five year forecasts
Reasons to Buy
  • What was the size of the United States credit cards market by value in 2024?
  • What will be the size of the United States credit cards market in 2029?
  • What factors are affecting the strength of competition in the United States credit cards market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States's credit cards market?

Table of Contents

51 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 market developments?
8 Company Profiles
8.1. JPMorgan Chase & Co.
8.2. Bank of America Corp
8.3. Citigroup Inc
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 States credit cards sector value: $ billion, 2019-24
Table 2: United States credit cards sector volume: million number of transactions, 2019-24
Table 3: United States credit cards sector geography segmentation: $ billion, 2024
Table 4: United States credit cards sector value forecast: $ billion, 2024-29
Table 5: United States credit cards sector volume forecast: million number of transactions, 2024-29
Table 6: JPMorgan Chase & Co.: Key Facts
Table 7: JPMorgan Chase & Co.: Annual Financial Ratios
Table 8: JPMorgan Chase & Co.: Key Employees
Table 9: JPMorgan Chase & Co.: Key Employees Continued
Table 10: JPMorgan Chase & Co.: Key Employees Continued
Table 11: Bank of America Corp: Key Facts
Table 12: Bank of America Corp: Annual Financial Ratios
Table 13: Bank of America Corp: Key Employees
Table 14: Bank of America Corp: Key Employees Continued
Table 15: Citigroup Inc: Key Facts
Table 16: Citigroup Inc: Annual Financial Ratios
Table 17: Citigroup Inc: Key Employees
Table 18: Citigroup Inc: Key Employees Continued
Table 19: American Express Co: Key Facts
Table 20: American Express Co: Annual Financial Ratios
Table 21: American Express Co: Key Employees
Table 22: American Express Co: Key Employees Continued
Table 23: United States Size of Population (Million), 2020-24
Table 24: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: United States GDP (Current Prices, $ Billion), 2020-24
Table 26: United States Inflation, 2020-24
Table 27: United States Consumer Price Index (Absolute), 2020-24
Table 28: United States Exchange Rate, 2019-24
List of Figures
Figure 1: United States credit cards sector value: $ billion, 2019-24
Figure 2: United States credit cards sector volume: million number of transactions, 2019-24
Figure 3: United States credit cards sector geography segmentation: % share, by value, 2024
Figure 4: United States credit cards sector value forecast: $ billion, 2024-29
Figure 5: United States credit cards sector volume forecast: million number of transactions, 2024-29
Figure 6: Forces driving competition in the credit cards sector in the United States, 2024
Figure 7: Drivers of buyer power in the credit cards sector in the United States, 2024
Figure 8: Drivers of supplier power in the credit cards sector in the United States, 2024
Figure 9: Factors influencing the likelihood of new entrants in the credit cards sector in the United States, 2024
Figure 10: Factors influencing the threat of substitutes in the credit cards sector in the United States, 2024
Figure 11: Drivers of degree of rivalry in the credit cards sector in the United States, 2024

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