The four major credit card networks – Visa, Mastercard, American Express, and Discover – dictate where credit cards and debit cards can be used. They are not created equal, however. Visa and Mastercard boast a significant advantage in terms of worldwide acceptance, while Amex and Discover supplement their payment facilitation business by issuing cards directly to consumers. Card network rental car insurance, extended warranty, and fraud liability policies vary widely as well.
The card network market share statistics listed below will give you a sense of the hierarchy that exists in the card network space. Networks are compared based on credit card market share, debit card market share, purchase volume, cards in circulation, and monthly spending.
* WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: JetBlue Plus Card, U.S. Bank Cash+® Visa® Secured Card, and USAA® Cashback Rewards Plus American Express® Card
Your web browser (Internet Explorer) is out of date and no longer supported.
Please download one of these up-to-date, free and excellent browsers:
WalletHub experts are widely quoted. Contact our media team to schedule an interview.