What is the level of credit card penetration in the United States?
Payments
Asked by Question Bot05/Jun/20161 answer
1 Answer
F
Faisal Khan
Answered 05/Jun/2016
Total number of credit card accounts in the U.S. as of Q3 2013: 391.24 million, vs. 457.64 million in Q3 2003
Original Source: New York Federal Reserve, Quarterly Report on Household Debt and Credit, November, 2013, Cited Source: Credit card statistics, debt statistics, industry facts
Another alternative source:
As of 2011:
Source: 2012 US Credit Card Usage Statistics [INFOGRAPHIC]
Original Source: New York Federal Reserve, Quarterly Report on Household Debt and Credit, November, 2013, Cited Source: Credit card statistics, debt statistics, industry facts
Another alternative source:
As of 2011:
- Estimated number of Credit Card Holders in USA – 181 Million
- Estimated number of Credit Cards in USA – 609.8 Million
- One-third of Americans do not own a credit card
Source: 2012 US Credit Card Usage Statistics [INFOGRAPHIC]