Year-End Credit Card Industry News

Card Profitability Current Trends (2021)

Total Income Operating Exp. Charge-offs Cost of Funds Net Pre-tax Income
17.75% 6.81% 4.53% 2.35% 4.06%

 

Credit Card Industry Profits (ROA% 2021)

Regular Cards 3.96% (Lower lines, Higher APR’s)
Gold Cards 4.06% (Higher lines, Lower APR’s)
Platinum Cards 4.16% (Highest lines, Lowest APR’s)
Industry Average 4.06%