Credit Card Market Share - Visa Leads

According to the Feb. 2007 Nilson Report, there are 878 million credit and debit cards carrying the Visa and Master Card brands. That’s about 3 credit cards for every person in the US.

Here is the market share by 2006 purchase volume of the top general purpose cards - credit and debit:

• Visa Credit : 31%
• MasterCard Credit: 22%
• Visa Debit: 21%
• Amex Credit: 17%
• MasterCard Debit: 7%
• Discover Credit: 4%

The total purchase on volume on credit cards in the US was $2.4 trillion dollars in 2006.

Random Factoid: Visa processed 52% of that volume. That’s an average of $39,000 per second for the entire year.