Overview

This report is the second part of a two-part annual series called the Credit Card Databook. The report explores profitability, credit risk, and portfolio dynamics to understand the market for issuers and the challenges they may face in 2023. The goal is to provide recommendations to help financial organizations strategize for the current and upcoming credit card market in the United States. Unfavorable economic conditions loom, and issuers must prepare themselves to weather the storm.

Key Questions discussed in this report: 

  • How have credit card portfolios performed over the past year?
  • What will the conditions be for the credit card market in 2023?
  • What strategies should issuers follow to prepare for a potential economic downturn in 2023?

Companies mentioned:

Board of Governors of the Federal Reserve System New York Fed, Philadelphia Fed, St. Louis Fed, FDIC, Equifax, Transunion, Mastercard, Visa, FICO, Goldman Sachs, JP Morgan Chase, U.S. Bureau of Labor Statistics, World Bank

Book a Meeting with the Author

Related content

August 17, 2026
Credit Card Metrics Matter: Five Lenses for Measuring Portfolio Performance

Credit cards are measured very differently depending on who is doing the measuring. A cardholder may focus on fees and rewards, while portfolio managers, investors, risk executives...

July 08, 2026
Small Business Credit Cards: A $1 Trillion Opportunity for Issuers, Networks, and Fintechs

Small business cards are entering a new era. Transaction volume is expected to exceed $1 trillion, and cards have become gateways to deeper banking, data, and cash-flow relationshi...

June 17, 2026
Regulatory Issues in Credit Cards: Preparing for the World of AI

From constitutional preemption to modern AI, the forces shaping credit cards are more complex and consequential than ever. Federal dominance, limited state influence, and evolving ...

Make informed decisions in a digital financial world

Let's Connect