25 Largest U.S. Bank Credit Card Portfolios

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25 Largest U.S. Bank Credit Card Portfolios

25 Largest U.S. Bank Credit Card Portfolios

At yearend, dollars in thousands
Published February 26, 2002

 

Issuer, state of issuance

Outstandings 

'00 rank 

Change vs. '00  

1 Citigroup S.D., Nev., Md. $99,510,000 1 6%
2 MBNA America Del. 74,909,000 2 6%
3 First USA/Bank One Del. 68,200,000 3 2%
4 Chase Del. 40,900,000 4 13%
5 Providian Financial Calif. 32,851,000 5 23%
6 Capital One Financial Va. 31,975,000 6 22%
7 Bank of America Del. 28,347,176 7 18%
8 Household Bank Calif., Nev. 16,101,954 8 6%
9 Fleet N.Y., Del. 15,643,521 9 6%
10 Direct Merchants (Metris) Ariz. 11,900,000 11 28%
11 Wells Fargo Ariz. 10,107,120 10 2%
12 U.S. Bancorp S. D., Colo. 8,877,900 12 0%
13 Sears National Ariz. 5,235,000 23 274%
14 USAA Federal Savings Texas 5,169,669 14 3%
15 First National of Nebraska Neb. 3,823,943 15 7%
16 Cross Country Del. 2,521,649 18 5%
17 People’s Bank Conn. 2,491,799 16 –20%
18 First North American National Ga. 2,345,000 20 14%
19 NextCard Calif. 2,250,000 24 71%
20 National City Ohio 2,203,056 17 –10%
21 Advanta Pa. 2,043,000 21 23%
22 CompuCredit Ga. 1,891,842 22 24%
23 Target Financial Minn. 1,392,547 104 2043%
24 HSBC Bank N.Y. 1,316,000 25 5%
25 Navy Federal Credit Union Va. 1,308,730 26 10%
 

Other large U.S. general purpose card issuers

Outstandings

 

Change vs. '00  

  American Express $51,390,000   2.50%
  Discover 47,980,000   0.90%

Note: Includes managed receivables and securitizations; excludes private-label cards, other
non-Visa and non-MasterCard products, and international card portfolios. 

© 2002 American Banker
Source: The Nilson Report (nilsonreport.com)