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  • Frank Tian

💳 4 Reasons Credit Card Numbers Still Strong

Despite the gloomy headlines, US consumers are unfazed to pull out their cards.


In the most recent financial quarter,


👉 Visa credit cardholders shopped +9.5% Y/Y.


👉 MasterCard credit cardholders shopped +14% Y/Y.


Both growth numbers are ahead of inflation.



With decades of evolvement, credit card has multiple features to withstand the current environment.


📌 The extensive card network captures consumers’ strong spending.


📌 Variable interest rate floats interest revenue up with the prime interest rate.


📌 Low rate can capture financing demand via introductory rate/balance transfer.


📌 Integrated new features to satisfy BNPL behaviors - both at POS and post-authorization.



For all the lenders, are you going to up your stakes in this old but evolving card game?

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