Credit Card Data Book, Part 1: Risk and Opportunity Metrics in a Trump 2.0 Business Environment

The U.S. consumer credit card market looks to be stable and resilient in 2025, with a few potential legislative curveballs from the new presidential administration that bear watching, including controls on interest rates (which Javelin views as unlikely) and the imposition of tariffs. 

This annual report by Javelin Strategy & Research is the first in a two-part series examining the U.S. consumer credit card market. This report focuses on the external factors affecting card programs, including the macroeconomic situation. 

The overall outlook for 2025 seems likely to build on what we saw in last year’s analysis: an improving economy. As 2025 proceeds, Javelin looks at the external factors affecting credit cards and provides recommendations for issuers as they build strategies for this year.

Key questions discussed in this Credit report: 

• How have macroeconomic conditions shaped the credit market?
• What economic conditions can be expected in 2025?
• What legislative impacts should issuers prepare for?

Companies Mentioned: 

Amazon, Barclays, Board of Governors of the Federal Reserve, Chase, Costco, Equifax, Home Chef, Mastercard, New York Fed, Quince, Rugs.com, SoFi, TransUnion, U.S. Bank, U.S. Bureau of Labor Statistics, U.S. Census Bureau, Visa, World Bank