Highlights. The credit card industry had a combined global market value by purchase volume of $19.6 trillion in 2023; projections indicate that by 2030, the consumer credit card market will be worth $24.9 trillion.
- The American credit card industry had a 2024 purchase volume of $5.92 trillion; projections indicate that by 2028, the market will be worth $6.68 trillion.
- In 2025, the average credit card annual percentage rate (APR) is 22.25%.
- In the United States, 152 different companies issue credit cards; 7,871 companies process credit cards and money transfers.
- The daily purchase volume on credit cards used in the United States was $16.22 billion per day in 2024.
- Cumulative daily credit card transactions in the U.S. number an estimated 149.8 million.
*The credit card industry is often separated into two sections: issuing and processing; in this report, these industries are combined and referred to collectively unless otherwise noted.
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Credit Card Issuer Statistics
The credit card market is generally separated into two industries: issuing and processing; credit card issuers administer credit programs.
- The ten (10) largest U.S. credit card issuers processed payments totaling $5.06 trillion in 2024.
- The Top 10 credit card issuers process 85.5% of the total market payment volume.
- JP Morgan Chase is the largest credit card issuer in terms of the number of accounts, with 197.4 million active accounts in 2024.
- The largest credit card issuer in terms of payment volume is Chase, which facilitated $1.34 trillion in 2024 payments.
- Financial institutions are unlikely to issue credit cards to consumers with credit scores below 680.
| Issuer | 2023 Transactions | 2024 Transactions |
|---|---|---|
| Chase | $1,246 | $1,344 |
| Citibank | $594 | $616 |
| Capital One | $575 | $610 |
| Bank of America | $494 | $502 |
| U.S. Bank | $200 | $211 |
| Wells Fargo | $192 | $208 |
*This table excludes the four major credit card processors.
Credit Card Processor Statistics
Four major credit card processors facilitate most consumer credit transactions in the United States with cards from hundreds of different issuers.
- The most widely used credit card network is Visa, with 4.80 billion cards active worldwide.
- American Express is the only credit card processor that is also a top issuer.
- The four major processors facilitated $27.6 trillion in consumer transactions in 2024.
- The four major credit card processors in the United States are valued at a collective $1.001 trillion.
- Credit card processors employ over 163,000 workers worldwide.
- At least 31% of these employees work in the United States.
- One or more networks cover over 200 international markets.
| Company | Payment Volume (in billions) |
Number of Cards (in millions) |
|---|---|---|
| Visa | $15,480 | 4,798 |
| Mastercard | $9,758 | 3,158 |
| American Express | $1,764 | 146.5 |
| Discover | $621.9 | 378 |
Mastercard Statistics
The second-most widely used credit card network worldwide is Mastercard Inc.
- Mastercard’s revenue for fiscal year (FY) 2024 was $28.167 billion, up 12.2% YoY.
- Consumers charged a total of $3.634 trillion to their Mastercard credit cards in FY 2024.
- Mastercard processed a cumulative $4.865 trillion on consumer debit and prepaid cards.
- Under the Mastercard brand, 3.158 billion consumer and commercial cards are active globally.
- Mastercard directly employs 35,300 workers worldwide, not including 5,000 contractors.
- In the United States, Mastercard directly employs 10,943 workers.
- Mastercard Inc. has an aggregate market value of $364.4 billion.
Visa Statistics
Visa Inc. is the most widely used credit card network in the world.
- Visa’s revenue for FY 2024 was $35.926 billion, up 10.0% YoY.
- Consumers charged a total of $5.314 trillion to their Visa credit cards in FY 2024.
- Visa processed $6.016 trillion in consumer debit transactions.
- The total number of transactions Visa processed reached 233.758 billion in FY 2024.
- 4.798 billion Visa cards are active worldwide.
- Visa directly employs 31,600 workers worldwide.
- Visa Inc. has an aggregate market value of $439.3 billion.
American Express Statistics
American Express is the third-largest credit card processor.
- American Express’ revenue for FY 2024 totaled $65.949 billion, up 8.98% YoY.
- After expenses totaling $47.869 billion, American Express netted $10.129 billion, up 21.0% YoY.
- Globally, American Express cardholders owed $139.674 billion in credit card debt at the end of 2024.
- U.S. cardholders owed $121.701 billion or 87.1% of American Express users’ credit card balances at the end of 2024.
- Global American Express cardholders owed 10.9% more at the end of 2024 than they did in 2023.
- American Express has issued 83.6 million proprietary cards active worldwide.
- 62.9 million of active American Express cards were issued by third-party institutions.
- American Express employs 75,100 people; 25,800 or 34.4% work in the United States.
- $164.7 billion is the aggregate market value of the American Express Company.
Discover Statistics
The smallest of the four major credit card networks is Discover Financial Services.
- Discover’s revenue for FY 2024 totaled $20.020 billion, up 12.2% YoY.
- The cumulative consumer credit card portfolio totals $100.313 billion, up 6.48% YoY.
- Discover made $16.109 billion from credit card interest in 2024, up 11.6% YoY.
- Discover credit card holders owe $5.924 billion in delinquent payments (at least 30 days overdue).
- Discover Financial Services has an aggregate market value of $32.797 billion.
- 21,100 employees work for Discover.
| Country | 2021 Rates | 2023 Projections |
|---|---|---|
| Canada | 82.7% | 84.6% |
| Israel | 79.1% | 80.6% |
| Iceland | 74.0% | 76.1% |
| Hong Kong SAR | 71.6% | 76.7% |
| Japan | 69.7% | 71.0% |
| Luxembourg | 69.4% | 68.9% |
| Switzerland | 69.2% | 74.9% |
| South Korea | 68.4% | 72.6% |
| Norway | 66.7% | 65.3% |
| United States (U.S.) | 66.7% | 67.9% |
| Finland | 65.3% | 66.5% |
| Taiwan, province of China | 63.8% | 72.1% |
| United Kingdom (UK) | 62.1% | 62.9% |
| Austria | 59.0% | 69.5% |
| Denmark | 58.5% | 67.9% |
| Italy | 57.9% | 73.5% |
| New Zealand | 57.2% | 55.6% |
| Spain | 56.6% | 60.7% |
| Germany | 56.5% | 63.1% |
| Ireland | 55.0% | 56.5% |
Credit Card Consumer Statistics
There are enough active credit and debit cards in the world for every living adult to have at least one.
- More than 190.6 million or 74% of U.S. adults have a credit card account in their name.
- The average U.S. cardholder carries 3.7 cards and makes 277 credit card purchases per year.
- 82% of U.S. households have at least one general-use credit card.
- Collectively, American credit card network and issuer portfolios are worth $1.209 trillion as of the second fiscal quarter (Q2) in 2025.
- Credit cards are used in 40% of in-store transactions in the United States.
- American consumers have 636.03 million active credit card accounts, enough for every American adult to have 2.3 cards.
- The number of active credit card accounts increased 41.3% between 2005 and 2025.
Credit Card Industry by State
Most states are home to at least one business operating within the credit card industry.
- As of 2025, New York has the highest credit card industry market value at $53.8 billion.
- States with the highest-valued credit card issuing industry are Virginia ($41.9 billion), New York ($40.7 billion), and Delaware ($28.5 billion).
- States with the highest-valued credit card processing industry are California ($38.1 billion), Arizona ($33.0 billion), and New York ($13.1 billion).
- The states with the highest estimate of total consumer credit cards in force are California (95.5 million), Texas (72.7 million), and Florida (61.1 million).
Alabama Credit Card Industry Statistics
The credit card issuing and processing industries in Alabama have a combined market value of $829.2 million as of 2025.
- The credit card issuing industry in Alabama is worth an estimated $727.5 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $101.7 million.
- Combined, these Alabama industries directly employ 452.
- The average cardholder in Alabama carries 3.3 cards as of 2025, down from 3.5 in 2023.
- As of 2025, Alabama consumers carry an estimated total 10.8 million cards.
Alaska Credit Card Industry Statistics
The credit card issuing and processing industries in Alaska have a combined market value of $44.4 million as of 2025.
- The credit card issuing industry in Alaska is worth an estimated $42.9 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.5 million.
- Combined, these Alaska industries directly employ 57.
- The average cardholder in Alaska carries 3.1 cards as of 2025, down from 3.2 cards in 2023.
- As of 2025, Alaska consumers carry an estimated total 1.42 million cards.
Arizona Credit Card Industry Statistics
The credit card issuing and processing industries in Arizona have a combined market value of $34.8 billion as of 2025.
- The credit card issuing industry in Arizona is worth an estimated $1.8 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $33.0 billion.
- Combined, these Arizona industries directly employ 13,395.
- The average cardholder in Arizona carries 3.7 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, Arizona consumers carry an estimated total 18.0 million cards.
Arkansas Credit Card Industry Statistics
The credit card issuing and processing industries in Arkansas have a combined market value of $571.7 million as of 2025.
- The credit card issuing industry in Arkansas is worth an estimated $81.8 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $489.9 million.
- Combined, these Arkansas industries directly employ 1,458.
- The average cardholder in Arkansas carries 3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Arkansas consumers carry an estimated total 6.38 million cards.
California Credit Card Industry Statistics
The credit card issuing and processing industries in California have a combined market value of $40.2 billion as of 2025.
- The credit card issuing industry in California is worth an estimated $2.1 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $38.1 billion.
- Combined, these California industries directly employ 30,322.
- The average cardholder in California carries 3.8 cards as of 2025, down from 4.0 cards in 2023.
- As of 2025, California consumers carry an estimated total 95.5 million cards.
Colorado Credit Card Industry Statistics
The credit card issuing and processing industries in Colorado have a combined market value of $9.0 billion as of 2025.
- The credit card issuing industry in Colorado is worth an estimated $1.1 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $7.9 billion.
- Combined, these Colorado industries directly employ 10,327.
- The average cardholder in Colorado carries 3.6 cards as of 2025, down from 3.7 cards in 2023.
- As of 2025, Colorado consumers carry an estimated total 13.8 million cards.
Connecticut Credit Card Industry Statistics
The credit card issuing and processing industries in Connecticut have a combined market value of $1.44 billion as of 2025.
- The credit card issuing industry in Connecticut is worth an estimated $1.0 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $$439.1 million.
- Combined, these Connecticut industries directly employ 1,452.
- The average cardholder in Connecticut carries 4.0 cards as of 2025, down from 4.2 cards in 2023.
- As of 2025, Connecticut consumers carry an estimated total 9.55 million cards.
Delaware Credit Card Industry Statistics
The credit card issuing and processing industries in Delaware have a combined market value of $29.7 billion as of 2025.
- The credit card issuing industry in Delaware is worth an estimated $28.5 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.2 billion.
- Combined, these Delaware industries directly employ 6,107.
- The average cardholder in Delaware carries 4.0 cards as of 2025, down from 4.2 cards in 2023.
- As of 2025, Delaware consumers carry an estimated total 2.72 million cards.
Florida Credit Card Industry Statistics
The credit card issuing and processing industries in Florida have a combined market value of $11.2 billion as of 2025.
- The credit card issuing industry in Florida is worth an estimated $3.2 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $8.0 billion.
- Combined, these Florida industries directly employ 18,357.
- The average cardholder in Florida carries 4.0 cards as of 2025, down from 4.3 cards in 2023.
- As of 2025, Florida consumers carry an estimated total 61.1 million cards.
Georgia Credit Card Industry Statistics
The credit card issuing and processing industries in Georgia have a combined market value of $14.3 billion as of 2025.
- The credit card issuing industry in Georgia is worth an estimated $2.9 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $11.4 billion.
- Combined, these Georgia industries directly employ 16,715.
- The average cardholder in Georgia carries 3.7 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, Georgia consumers carry an estimated total 25.9 million cards.
Hawaii Credit Card Industry Statistics
The credit card issuing and processing industries in Hawaii have a combined market value of $94.0 million as of 2025.
- The credit card issuing industry in Hawaii is worth an estimated $34.8 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $59.2 million.
- Combined, these Hawaii industries directly employ 145.
- The average cardholder in Hawaii carries 3.5 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Hawaii consumers carry an estimated total 3.27 million cards.
Idaho Credit Card Industry Statistics
The credit card issuing and processing industries in Idaho have a combined market value of $492.3 million as of 2025.
- The credit card issuing industry in Idaho is worth an estimated $398.2 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $94.1 million.
- Combined, these Idaho industries directly employ 806.
- The average cardholder in Idaho carries 3.4 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Idaho consumers carry an estimated total 4.22 million cards.
Illinois Credit Card Industry Statistics
The credit card issuing and processing industries in Illinois have a combined market value of $7.5 billion as of 2025.
- The credit card issuing industry in Illinois is worth an estimated $4.3 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $3.2 billion.
- Combined, these Illinois industries directly employ 8,579.
- The average cardholder in Illinois carries 3.9 cards as of 2025, down from 4.1 cards in 2023.
- As of 2025, Illinois consumers carry an estimated total 31.6 million cards.
Indiana Credit Card Industry Statistics
The credit card issuing and processing industries in Indiana have a combined market value of $1.04 billion as of 2025.
- The credit card issuing industry in Indiana is worth an estimated $36.1 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.0 billion.
- Combined, these Indiana industries directly employ 1,935.
- The average cardholder in Indiana carries 3.5 cards as of 2025, down from 3.7 cards in 2023.
- As of 2025, Indiana consumers carry an estimated total 15.1 million cards.
Iowa Credit Card Industry Statistics
The credit card issuing and processing industries in Iowa have a combined market value of $2.07 billion as of 2025.
- The credit card issuing industry in Iowa is worth an estimated $371.9 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.7 billion.
- Combined, these Iowa industries directly employ 2,277.
- The average cardholder in Iowa carries 3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Iowa consumers carry an estimated total 6.71 million cards.
Kansas Credit Card Industry Statistics
The credit card issuing and processing industries in Kansas have a combined market value of $1.3 billion as of 2025.
- The credit card issuing industry in Kansas is worth an estimated $764.9 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $532.9 million.
- Combined, these Kansas industries directly employ 2,333.
- The average cardholder in Kansas carries 3.5 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Kansas consumers carry an estimated total 6.46 million cards.
Kentucky Credit Card Industry Statistics
The credit card issuing and processing industries in Kentucky have a combined market value of $2.06 billion as of 2025.
- The credit card issuing industry in Kentucky is worth an estimated $63.5 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $2.0 billion.
- Combined, these Kentucky industries directly employ 3,584.
- The average cardholder in Kentucky carries 3.4 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Kentucky consumers carry an estimated total 9.81 million cards.
Louisiana Credit Card Industry Statistics
The credit card issuing and processing industries in Louisiana have a combined market value of $331.4 million as of 2025.
- The credit card issuing industry in Louisiana is worth an estimated $223.5 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $107.9 million.
- Combined, these Louisiana industries directly employ 479.
- The average cardholder in Louisiana carries3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Louisiana consumers carry an estimated total 9.44 million cards.
Maine Credit Card Industry Statistics
The credit card issuing and processing industries in Maine have a combined market value of $1.48 billion as of 2025.
- The credit card issuing industry in Maine is worth an estimated $733.8 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $743.2 million.
- Combined, these Maine industries directly employ 2,789.
- The average cardholder in Maine carries 3.4 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Maine consumers carry an estimated total 3.19 million cards.
Maryland Credit Card Industry Statistics
The credit card issuing and processing industries in Maryland have a combined market value of $8.2 billion as of 2025.
- The credit card issuing industry in Maryland is worth an estimated $3.1 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $5.1 billion.
- Combined, these Maryland industries directly employ 9,081.
- The average cardholder in Maryland carries 3.7 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, Maryland consumers carry an estimated total 14.7 million cards.
Massachusetts Credit Card Industry Statistics
The credit card issuing and processing industries in Massachusetts have a combined market value of $1.11 billion as of 2025.
- The credit card issuing industry in Massachusetts is worth an estimated $636.7 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $472.8 million.
- Combined, these Massachusetts industries directly employ 895.
- The average cardholder in Massachusetts carries 3.7 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, Massachusetts consumers carry an estimated total 17.3 million cards.
Michigan Credit Card Industry Statistics
The credit card issuing and processing industries in Michigan have a combined market value of $1.15 billion as of 2025.
- The credit card issuing industry in Michigan is worth an estimated $151.4 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.0 billion.
- Combined, these Michigan industries directly employ 1,933.
- The average cardholder in Michigan carries 3.6 cards as of 2025, down from 3.8 cards in 2023.
- As of 2025, Michigan consumers carry an estimated total 23.4 million cards.
Minnesota Credit Card Industry Statistics
The credit card issuing and processing industries in Minnesota have a combined market value of $1.32 billion as of 2025.
- The credit card issuing industry in Minnesota is worth an estimated $21.2 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.3 billion.
- Combined, these Minnesota industries directly employ 2,860.
- The average cardholder in Minnesota carries 3.5 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Minnesota consumers carry an estimated total 12.7 million cards.
Mississippi Credit Card Industry Statistics
The credit card issuing and processing industries in Mississippi have a combined market value of $539.7 million as of 2025.
- The credit card issuing industry in Mississippi is worth an estimated $473.4 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $66.3 million.
- Combined, these Mississippi industries directly employ 600.
- The average cardholder in Mississippi carries 3.2 cards as of 2025, down from 3.4 cards in 2023.
- As of 2025, Mississippi consumers carry an estimated total 5.88 million cards.
Missouri Credit Card Industry Statistics
The credit card issuing and processing industries in Missouri have a combined market value of $5.7 billion as of 2025.
- The credit card issuing industry in Missouri is worth an estimated $1.7 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $4.0 billion.
- Combined, these Missouri industries directly employ 6,586.
- The average cardholder in Missouri carries 3.6 cards as of 2025, down from 3.8 cards in 2023.
- As of 2025, Missouri consumers carry an estimated total 14.2 million cards.
Montana Credit Card Industry Statistics
The credit card issuing and processing industries in Montana have a combined market value of $203.7 million as of 2025.
- The credit card issuing industry in Montana is worth an estimated $137.3 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $66.4 million.
- Combined, these Montana industries directly employ 91.
- The average cardholder in Montana carries 3.3 cards as of 2025, down from 3.4 cards in 2023.
- As of 2025, Montana consumers carry an estimated total 2.42 million cards.
Nebraska Credit Card Industry Statistics
The credit card issuing and processing industries in Nebraska have a combined market value of $9.47 billion as of 2025.
- The credit card issuing industry in Nebraska is worth an estimated $767.4 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $8.7 billion.
- Combined, these Nebraska industries directly employ 13,541.
- The average cardholder in Nebraska carries 3.6 cards as of 2025, down from 3.7 cards in 2023.
- As of 2025, Nebraska consumers carry an estimated total 4.44 million cards.
Nevada Credit Card Industry Statistics
The credit card issuing and processing industries in Nevada have a combined market value of $3.7 billion as of 2025.
- The credit card issuing industry in Nevada is worth an estimated $2.0 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.7 billion.
- Combined, these Nevada industries directly employ 2,636.
- The average cardholder in Nevada carries 3.9 cards as of 2025, down from 4.1 cards in 2023.
- As of 2025, Nevada consumers carry an estimated total 8.15 million cards.
New Hampshire Credit Card Industry Statistics
The credit card issuing and processing industries in New Hampshire have a combined market value of $160.7 million as of 2025.
- The credit card issuing industry in New Hampshire is worth an estimated $101.7 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $59.0 million.
- Combined, these New Hampshire industries directly employ 176.
- The average cardholder in New Hampshire carries 3.8 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, New Hampshire consumers carry an estimated total 3.57 million cards.
New Jersey Credit Card Industry Statistics
The credit card issuing and processing industries in New Jersey have a combined market value of $2.29 billion as of 2025.
- The credit card issuing industry in New Jersey is worth an estimated $194.7 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $2.1 billion.
- Combined, these New Jersey industries directly employ 3,552.
- The average cardholder in New Jersey carries 4.2 cards as of 2025, down from 4.5 cards in 2023.
- As of 2025, New Jersey consumers carry an estimated total 25.4 million cards.
New Mexico Credit Card Industry Statistics
The credit card issuing and processing industries in New Mexico have a combined market value of $117.2 million as of 2025.
- The credit card issuing industry in New Mexico is worth an estimated $80.2 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $37.0 million.
- Combined, these New Mexico industries directly employ 113.
- The average cardholder in New Mexico carries 3.4 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, New Mexico consumers carry an estimated total 4.63 million cards.
New York Credit Card Industry Statistics
The credit card issuing and processing industries in New York have a combined market value of $53.8 billion as of 2025.
- The credit card issuing industry in New York is worth an estimated $40.7 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $13.1 billion.
- Combined, these New York industries directly employ 23,773.
- The average cardholder in New York carries 3.9 cards as of 2025, down from 4.1 cards in 2023.
- As of 2025, New York consumers carry an estimated total 50.2 million cards.
North Carolina Credit Card Industry Statistics
The credit card issuing and processing industries in North Carolina have a combined market value of $2.18 billion as of 2025.
- The credit card issuing industry in North Carolina is worth an estimated $1.2 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $981.5 million.
- Combined, these North Carolina industries directly employ 2,544.
- The average cardholder in North Carolina carries 3.6 cards as of 2025, down from 3.8 cards in 2023.
- As of 2025, North Carolina consumers carry an estimated total 25.3 million cards.
North Dakota Credit Card Industry Statistics
The credit card issuing and processing industries in North Dakota have a combined market value of $114.8 million as of 2025.
- The credit card issuing industry in North Dakota is worth an estimated $58.8 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $56.0 million.
- Combined, these North Dakota industries directly employ 1,592.
- The average cardholder in North Dakota carries 3.4 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, North Dakota consumers carry an estimated total 1.68 million cards.
Ohio Credit Card Industry Statistics
The credit card issuing and processing industries in Ohio have a combined market value of $8.6 billion as of 2025.
- The credit card issuing industry in Ohio is worth an estimated $4.3 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $4.3 billion.
- Combined, these Ohio industries directly employ 13,017.
- The average cardholder in Ohio carries 3.8 cards as of 2025, down from 4.0 cards in 2023.
- As of 2025, Ohio consumers carry an estimated total 28.7 million cards.
Oklahoma Credit Card Industry Statistics
The credit card issuing and processing industries in Oklahoma have a combined market value of $172.6 million as of 2025.
- The credit card issuing industry in Oklahoma is worth an estimated $97.0 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $75.6 million.
- Combined, these Oklahoma industries directly employ 639.
- The average cardholder in Oklahoma carries 3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Oklahoma consumers carry an estimated total 8.36 million cards.
Oregon Credit Card Industry Statistics
The credit card issuing and processing industries in Oregon have a combined market value of $944.0 million as of 2025.
- The credit card issuing industry in Oregon is worth an estimated $46.8 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $897.2 million.
- Combined, these Oregon industries directly employ 1,050.
- The average cardholder in Oregon carries 3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Oregon consumers carry an estimated total 9.21 million cards.
Pennsylvania Credit Card Industry Statistics
The credit card issuing and processing industries in Pennsylvania have a combined market value of $3.3 billion as of 2025.
- The credit card issuing industry in Pennsylvania is worth an estimated $1.5 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.8 billion.
- Combined, these Pennsylvania industries directly employ 3,407.
- The average cardholder in Pennsylvania carries 3.8 cards as of 2025, down from 4.0 cards in 2023.
- As of 2025, Pennsylvania consumers carry an estimated total 32.2 million cards.
Rhode Island Credit Card Industry Statistics
The credit card issuing and processing industries in Rhode Island have a combined market value of $305.8 million as of 2025.
- The credit card issuing industry in Rhode Island is worth an estimated $70.5 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $235.3 million.
- Combined, these Rhode Island industries directly employ 597.
- The average cardholder in Rhode Island carries 4.0 cards as of 2025, down from 4.2 cards in 2023.
- As of 2025, Rhode Island consumers carry an estimated total 2.94 million cards.
South Carolina Credit Card Industry Statistics
The credit card issuing and processing industries in South Carolina have a combined market value of $721.0 million as of 2025.
- The credit card issuing industry in South Carolina is worth an estimated $607.7 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $113.3 million.
- Combined, these South Carolina industries directly employ 295.
- The average cardholder in South Carolina carries 3.6 cards as of 2025, down from 3.8 cards in 2023.
- As of 2025, South Carolina consumers carry an estimated total 12.6 million cards.
South Dakota Credit Card Industry Statistics
The credit card issuing and processing industries in South Dakota have a combined market value of $10.1 billion as of 2025.
- The credit card issuing industry in South Dakota is worth an estimated $9.9 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $168.9 million.
- Combined, these South Dakota industries directly employ 3,416.
- The average cardholder in South Dakota carries 3.1 cards as of 2025, down from 3.3 cards in 2023.
- As of 2025, South Dakota consumers carry an estimated total 1.77 million cards.
Tennessee Credit Card Industry Statistics
The credit card issuing and processing industries in Tennessee have a combined market value of $7.1 billion as of 2025.
- The credit card issuing industry in Tennessee is worth an estimated $4.6 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $2.5 billion.
- Combined, these Tennessee industries directly employ 6,327.
- The average cardholder in Tennessee carries 3.4 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Tennessee consumers carry an estimated total 15.5 million cards.
Texas Credit Card Industry Statistics
The credit card issuing and processing industries in Texas have a combined market value of $20.3 billion as of 2025.
- The credit card issuing industry in Texas is worth an estimated $9.2 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $11.1 billion.
- Combined, these Texas industries directly employ 28,595.
- The average cardholder in Texas carries 3.8 cards as of 2025, down from 4.0 cards in 2023.
- As of 2025, Texas consumers carry an estimated total 72.7 million cards.
Utah Credit Card Industry Statistics
The credit card issuing and processing industries in Utah have a combined market value of $6.3 billion as of 2025.
- The credit card issuing industry in Utah is worth an estimated $4.7 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.6 billion.
- Combined, these Utah industries directly employ 9,028.
- The average cardholder in Utah carries 3.3 cards as of 2025, down from 3.5 cards in 2023.
- As of 2025, Utah consumers carry an estimated total 6.87 million cards.
Vermont Credit Card Industry Statistics
The credit card issuing and processing industries in Vermont have a combined market value of $74.5 million as of 2025.
- The credit card issuing industry in Vermont is worth an estimated $40.4 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $34.1 million.
- Combined, these Vermont industries directly employ 102.
- The average cardholder in Vermont carries 3.2 cards as of 2025, down from 3.3 cards in 2023.
- As of 2025, Vermont consumers carry an estimated total 1.39 million cards.
Virginia Credit Card Industry Statistics
The credit card issuing and processing industries in Virginia have a combined market value of $44.2 billion as of 2025.
- The credit card issuing industry in Virginia is worth an estimated $41.9 billion.
- The state’s credit card processing and money transferring industry is valued at an estimated $2.3 billion.
- Combined, these Virginia industries directly employ 17,817.
- The average cardholder in Virginia carries 3.7 cards as of 2025, down from 3.9 cards in 2023.
- As of 2025, Virginia consumers carry an estimated total 20.8 million cards.
Washington Credit Card Industry Statistics
The credit card issuing and processing industries in Washington have a combined market value of $2.5 billion as of 2025.
- The credit card issuing industry in Washington is worth an estimated $898.5 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.6 billion.
- Combined, these Washington industries directly employ 2,168.
- The average cardholder in Washington carries 3.4 cards as of 2025, down from 3.6 cards in 2023.
- As of 2025, Washington consumers carry an estimated total 17.4 million cards.
West Virginia Credit Card Industry Statistics
The credit card issuing and processing industries in West Virginia have a combined market value of $125.5 million as of 2025.
- The credit card issuing industry in West Virginia is worth an estimated $79.7 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $45.8 million.
- West Virginia’s credit card processing and money transferring industry employs 188.
- The average cardholder in West Virginia carries 3.5 cards as of 2025, down from 3.7 cards in 2023.
- As of 2025, West Virginia consumers carry an estimated total 4.03 million cards.
Wisconsin Credit Card Industry Statistics
The credit card issuing and processing industries in Wisconsin have a combined market value of $1.78 billion as of 2025.
- The credit card issuing industry in Wisconsin is worth an estimated $677.0 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $1.1 billion.
- Combined, these Wisconsin industries directly employ 2,330.
- The average cardholder in Wisconsin carries 3.5 cards as of 2025, down from 3.7 cards in 2023.
- As of 2025, Wisconsin consumers carry an estimated total 13.4 million cards.
Wyoming Credit Card Industry Statistics
The credit card processing and money transferring industry in Wyoming has a market value of $78.6 million as of 2025.
- The credit card issuing industry in Wyoming is worth an estimated $31.6 million.
- The state’s credit card processing and money transferring industry is valued at an estimated $47.0 million.
- Combined, these Wyoming industries directly employ 87.
- The average cardholder in Wyoming carries 3.2 cards as of 2025, down from 3.3 cards in 2023.
- As of 2025, Wyoming consumers carry an estimated total 1.19 cards.
Sources
- Federal Reserve (Fed) Bank of New York, Center for Microeconomic Data
- United States Census Bureau, Population and Housing Unit Estimates Tables
- Experian, Ask Experian
- U.S. Securities and Exchange Commission, Corporate Filings
- Statista, Credit Cards Worldwide – Statistics and Facts
- Nilson Report, Newsletter Archives
- Federal Reserve Board of Governors
- Consumer Financial Protection Bureau, Consumer Credit Card Market Report
- IBISWorld, U.S. State Industry Reports
- Motley Fool Money