Overview
U.S. consumer credit card spending reached an all-time high in 2012. Unfortunately for issuers, this volume isn’t producing much interest income. Consumers are choosing not to carry balances, which is why many credit card banks are struggling to find profits in this growing market.
This is a Mercator Advisory Group Note and is available through a membership services relationship. It is also available for one-off purchase.
Members of Mercator Credit Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.
Learn More About This Report & Javelin
Related content
From Hype to Impact: How AI is Transforming Credit
Advances in artificial intelligence have generated a high level of excitement and marketing spending as financial organizations seek to rebrand their technologies with “AI” and dev...
Amex and Chase Face Off on Premium Credit Cards, but the Backstory Is More Interesting
Moves by American Express and Chase to revamp their signature card reward products will bring the issuers into greater competition for the most affluent cardholders and carry rever...
How Will Agentic Commerce Affect Consumer Credit?
Recent product announcements from leaders in the payments industry demonstrate the excitement surrounding new AI technologies. AI isn’t just a buzzword anymore, and AI-powered pers...
Make informed decisions in a digital financial world