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  • Frank Tian

๐Ÿ’ณ 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,


๐Ÿ‘‰ Visa credit cardholders shopped +9.5% Y/Y.


๐Ÿ‘‰ 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.


๐Ÿ“Œ The extensive card network captures consumersโ€™ strong spending.


๐Ÿ“Œ Variable interest rate floats interest revenue up with the prime interest rate.


๐Ÿ“Œ Low rate can capture financing demand via introductory rate/balance transfer.


๐Ÿ“Œ 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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