66,163,000 credit cards in UK – Highest in Europe

January 4, 2010

There are 66,163,000 credit cards in UK as at 31st December 2008, making UK the nation with highest number of credit cards in Europe; even though there is a decrease of 1,148,000 cards or 1.71% compares to 67,311,000 cards in 2007.

Lastest figure available(as of 31st October 2009) shown the number of credit cards in UK has decreased to 61,561,243.

Nonetheless, the number of credit cards in UK is still leading other nations in Europe by leaps and bounds; with 34,005,040 credit cards in France as at 31st December 2008, ranking second in Europe.

In 2008, credit cards in UK recorded 1.791 billion transactions with a total value of €143.36 billions.

Interestingly, even though there is 6.25% increase in the number of debit cards issued in UK, and contribute directly to 6.88% increase in the number of debit cards transactions, the transations value for debit cards has decreased by 6.48% to €342.53 billions in 2008.

Go here for more updates, news and statistics on UK credit cards.


€5.88 billions credit card usage by Norwegian

January 4, 2010

There are 10,629,000 payment cards(credit cards and debit cards) issued in Norway as at 31st December 2008. This translate into 2.25 cards per capita in Norway, only second to United Kingdom 2.44 cards per capita in Europe.

There are 4,338,000 credit cards in Norway as at 31st December 2008, recording 56.50 million transactions with a total value of €5.88 billions during the period.

Interestingly, even though the number of credit cards in Norway increased by about 1% in 2008, the number of transactions and the total value showing a growth rate of about 15%.

Go here for more info on norge kredittkort, where you can find latest update, news ans statistics on payment cards in Norway.