Credit Card Saturation Hits 37K Miles of Plastic in July

Credit cards saturation in the U.S., by most measurements, was reached in the first three months of this year. As of April 1, 2019 there were 694 million general purpose credit and charge cards carrying the Visa, Mastercard, American Express or Discover brand, in-force. It is projected the 700 million milestone will be passed by July 1st. It takes 18,800 cards laid end-to-end for a mile. The number of major credit/charge cards currently in-use, laid end-to-end tabulates to . . . .

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