U.S. consumers are becoming less wary of the credit card than they were in the wake of the Great Recession.

Last week the Federal Reserve Board announced that revolving consumer credit jumped in April by $8.8 billion, the largest one-month jump since late 2007. And on Wednesday, top executives from card issuers Capital One Financial (COF) and Discover Financial Services (DFS) said they're seeing a rebound in consumers' appetite for plastic.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.