In all, annual credit
card purchase volume is equivalent to 12.9 percent of U.S. Gross Domestic Product.
Three companies command 86 percent of all U.S. credit
card purchase volume.
Not exact matches
The total
volume of cryptocurrencies outstanding today is under $ 400 billion, less than 1 / 20th of $ 9 trillion, and cryptocurrency
purchases on outstanding bank
card balances must be a very tiny fraction of that.
Store and oil / gas credit
card categories each average just over $ 1,000 in annual
card holder
purchase volume.
This past week I also
purchased my first digital manga
volumes after buying myself an iPad (oh my credit
card, it weeps!).
Here's a list of the biggest credit
card companies in the United States, based on
purchase volume (using 2011 - 2012 data):
In the latest quarterly financials, the leading U.S. credit
card issuers displayed consistent trends in credit quality,
purchase volumes and
card loans.
Synchrony Financial, another company that specializes in credit
cards, reported that
purchase volumes by customers with credit scores below 660 fell by 15 % in the first quarter.
It is the biggest issuer of store
cards by
purchase volume and total balances.
The Banana Republic
cards are a smart choice for people who make a high
volume of
purchases at Banana Republic and its sister brands.
I haven't seen any clawed back rewards either on my Discover
card, but it seems like Discover is taking a much closer look at these
purchases after a sure spike in
purchase volume in specific stores with their double cash back deal.
The same reader says that he hasn't seen any rewards clawed back yet, but this is worrisome if you done high
volumes of
purchases through Discover Deals with
cards other than Discover.
Alternatively, one of the most private ways to
purchase bitcoin online - and at higher
volumes than with prepaid
cards - is on the decentralized exchange Bisq using cash deposits as a payment method.