Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
These numbers are from 2006 (you have to pay for the year 2007) but it's pretty interesting to see anyway. Here's a ranking of the credit card companies based on how much they have in receivables a.k.a. customer credit and yes those numbers are in billions.
1 Bank of America Charlotte, NC $170,736,623,000
2 JPMorgan Chase & Co. Wilmington, DE $146,100,000,000
3 Citigroup Inc. New York, NY $111,600,000,000
4 Capital One Financial Corp. McLean, VA $53,623,680,000
5 Discover Financial Services Inc. Riverwoods, IL $47,384,674,000
6 American Express New York, NY $37,368,000,000
7 Washington Mutual Bank Seattle, WA $23,501,000,000
8 Wells Fargo Bank San Francisco, CA $20,870,868,363
9 HSBC Credit Card Services Salinas, CA $18,260,017,000
10 USAA Federal Savings Bank San Antonio, TX $8,877,491,000
Shocked to see Discover had more than American Express, and that Capital One had more than both!
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred