When U.S. credit card issuers started trickling into the United Kingdom about five years ago, British banks took little notice.

Fast-forward to today: U.S. banks account for more than 10% of the British cards market, twice as much as two years ago. Analysts estimate that the percentage will at least double in the next five years.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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