Biggest commercial card issuers in the U.S. 2019-2023, based on purchase volume

Published by
Raynor de Best,
Nov 13, 2024

The main issues of commercial cards for small business in the United States in 2023 was JPMorgan Chase. In 2020, JPMorgan Chase lost this position when its purchase volume decreased to around 146 billion U.S. dollars in 2020, while Bank of Americas purchase value increased that year, up to around 168 billion U.S. dollars.

Leading commercial card issuers for small business in the United States from 2019 to 2023, based on value of transactions for business activities (in billion U.S. dollars)

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Release date

May 2024

Region

United States

Survey time period

May 2024

Special properties

figures include commercial credit, debit, and prepaid cards; Corporate travel and entertainment (T&E), fleet and purchasing, small business credit, small business debit and prepaid (government benefits, etc.) are included.

Supplementary notes

The source defines "commercial cards" as:

  • Small business credit cards;
  • Fleet cards;
  • Purchasing cards;
  • Small business debit cards;
  • Prepaid cards;
  • Corporate cards.

The source does not separate between these types of cards. The figures provided here are a total of all different variants.

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Market share

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Penetration

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Transaction value

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Miscellaneous

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