Search
 

American Cards to Top One Billion By Mid-2006

FREDERICK, Md. - Americans will soon have over one billion credit cards, debit cards and charge cards in their wallets, predicted cardweb.com, a company whose research tracks many card trends. Americans already have more than 926 million cards as of mid-2005, the site reported. That translated into 682 million credit...

By Staff Writer | Updated on November 01, 2005

FREDERICK, Md. – Americans will soon have over one billion credit cards, debit cards and charge cards in their wallets, predicted cardweb.com, a company whose research tracks many card trends. Americans already have more than 926 million cards as of mid-2005, the site reported. That translated into 682 million credit card and 244 million debit cards whose transactions cardholders can validate with their signatures. Over the past five years, the number of credit cards has increased by 24% and the number of debit cards by 63%, the site reported.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.