U.S. | Credit cards: trends, profitability and outlook
Published on Friday, September 15, 2017 | Updated on Wednesday, September 27, 2017
U.S. | Credit cards: trends, profitability and outlook
Credit card debt continues expanding at a solid pace, while fundamentals remain favorable. Credit cards can be more profitable than other banking operations but also riskier. We expect credit card debt growth to moderate. Competition will intensify, particularly on rewards, incentives and benefits
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