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Credit Cards & Personal Loans in Europe

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Credit Cards in United Kingdom
As at 31st October 2017, the outstanding credit card balances stood at £64.933 billions, a decrease of £230 millions or 0.35% compares to £65.163 billions at the end of September 2017. There are 58.725 millions credit cards(49.865 million accounts) at the end of October 2017, a decrease of 189,000 or 0.32% compares to 58.914 millions at the end of September 2017. The total card spending for October 2017 is £13.629 billions, generated from 257.814 millions of transactions(average £53 per transaction). £400 millions is recorded for cash withdrawals, generated from 3.084 millions transactions(average £130 per transaction). £1,289 millions is recorded for balance transfers, generated from 579,000 transactions(average £2,226 per transaction).

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Europe Credit Cards & Personal Loans at a glance

  • As at 30 September 2017, there are 5,671,000 credit and charge cards in Norway. 55.741 million transactions is recorded in Quarter 3, 2017(July, August and September), generating NOK41.017 billions.
    For the 9 months ended 30 September 2017, 186.844 millions charge and credit cards transactions recorded, generating NOK127.877 billions.

    The number of payment cards in Norway increase by 491,000 or 3.34% to 15,195,000 as at 31st December 2016, compares to the same period a year ago. The payment cards usage in Norway increased by 7.62% in volume and 3.69% in value.

    As at 31 December 2016, there are 6,157,000 cards with credit function in Norway, an increase of 623,000 or 10.07% compares to 6,185,000 in the end of 2015. For the 12 months ended 31 December 2016, a total of NOK140.3 billions recorded from 201.70 millions credit card transactions.

    As at 31 October 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Norway stood at NOK73,984 million, an increase of NOK990 millions or 1.36% compares to NOK72,994 millions as at 30 September 2017.



  • As at 31 October 2017, there are 58.725 millions credit cards in the United Kingdom, with outstanding balances of £64.933 billions. The total credit cards spending for October 2017 in UK is £13.629 billions, out of 257.814 millions transactions. There are 579,000 balance transfer transactions amounted to £1,289 millions recorded in October 2017.

    Credit cards fraud in United Kingdom for 2016 increase by 8.90% to £618.0m, 67.64% or £418.0m of card fraud is committed in UK, while £200.1m or 32.38% is committed abroad. The number of credit cards in UK decrease by 0.62% to 59,506,000 as at 31st December 2016(compares to the same period a year ago), generating £171.96 billions in transactions.

    As at 30 September 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans n United Kingdom stood at €151,134 millions, an increase by €6,181 millions or 4.26% compares to €144,953 millions as at 31 August 2017.



  • As at 30 June 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Germany stood at €189,072 millions, an increase by €1,140 millions or 0.61% compares to €187,932 millions as at 31 May 2017.

    As at 31 December 2015, the number of credit cards in Germany increase by 12.80% to 4,968,840. The total cards spending for 2015 in Germany rised by 10.89% to €5.70 billions, out of 87.29 millions transactions.



  • As at 31 July 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Netherlands stood at €17,115 millions, an increase by €166 millions or 0.98% compares to €16,949 millions as at 30 June 2017.

    As at 30 June 2017, there are 6,317,567 cards with a credit and/or delayed debit function in Netherlands. For the 6 months ended 30 June 2017, 82.110 millions transactions is recorded, generating €7.557 billions in total spending.
    As at 31 December 2016, there are 6,296,775 cards with a credit and/or delayed debit function in Netherlands. For the 12 months ended 31 December 2016, 158.851 millions transactions is recorded, generating €14.446 billions in total spending.

    As at 31 December 2016, the number of cards with a credit and/or delayed debit function in Netherlands increase by 8.65% to 5,436,000. The total cards(with a credit and/or delayed debit function) spending for 2016 in Netherlands rised by 7.46% to €14.4 billions, with 12.46% increase in number of card transactions.
    As at 31 December 2016, there are 293,100 credit cards in Netherlands, a decrease of 30.13% compares to the same period a year ago.



  • As at 30 October 2017, there are 24,174,000 convenience credit cards and extended credit cards in Sweden(132,000 or 0.54% lower compares to 24,306,000 as at end of September 2017), with the outstanding balance stood at SEK78.984 billions.

    As at 31 December 2016, the number of credit cards in Sweden increase by 3.59% to 8,946,900. The total credit cards spending for 2016 in Sweden continue to rise by 18.87% to €18.9 billions(out of 362 millions transactions).

    As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Sweden stood at €21,464 millions, an increase by €125 millions or 0.59% compares to €21,339 millions as at 31 July 2017.



  • As at 30 June 2017, there are 50.85 millions credit cards in Spain, an increase of 0.97 millions or 1.94% compares to 49.88 millions as at 31st March 2017. For the 6 months ended 30 June 2017, 1,625.966 millions payment card transactions(credit and debit cards) recorded at point of sales, with a total value of €63,838.78 millions.

    As at 31 December 2016, there are 48.75 millions credit cards in Spain, an increase of 3.93 millions or 8.77% compares to 44.82 millions as at 31 December 2015. For the 12 months ended 31 December 2016, 3,045.590 millions payment card transactions(credit and debit cards) recorded at point of sales, with a total value of €124,406.51 millions.

    As at 31 December 2016, the number of cards with a credit and/or delayed debit function in Spain increase by 8.72% to 49,089,700. The total cards(with a credit and/or delayed debit function) spending for 2016 in Spain increase by 5.99% to €67.2 billions, with 6.92% increase in number of card transactions.

    As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Spain stood at €75,185 millions, an increase by €399 millions or 0.53% compares to €74,786 millions as at 31 July 2017.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Belgium stood at €8,998 millions, a decrease by €36 millions or 0.40% compares to €9,034 millions as at 31 July 2017.

    As at 31 December 2016, there are 2,276,100 credit cards in Belgium. The total credit cards spending in Belgium for 2016 is €300 million, out of 2.3 millions transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Finland stood at €15,068 millions, an increase by €34 millions or 0.23% compares to at €15,034 millions as at 31 July 2017.

    As at 31 December 2016, there are 2,098,700 credit cards in Finland. The total credit cards spending in Finland for 2016 is €3.5 billions, out of 63.8 millions transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in France stood at €156,887 millions, a decrease by €416 millions or 0.26% compares to at €157,303 millions as at 31 July 2017.

    As at 31 December 2016, there are 4,751,700 credit cards in France, generating €13.3 billions from 254.4 millions credit card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Italy stood at €92,729 millions, a decrease by €62 millions or 0.07% compares to €92,791 millions millions as at 31 July 2017.

    As at 31 December 2016, the number of cards with a credit and/or delayed debit function in Italy decrease by 10.41% to 24,043,700. However, the total cards(with a credit and/or delayed debit function) spending for 2016 in Italy increase by 15.16% to €62.3 billions, with 18.97% increase in number of card transactions.



  • As at 31 July 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Denmark stood at €16,169 millions, a decrease by €117 millions or 0.72% compares to €16,286 millions as at 30 June 2017.

    For the 12 months ended 31 December 2016, 57 millions credit card transactions recorded in Denmark, generating DKK39.280 billions in total spending.

    As at 31 December 2016, the number of credit cards in Denmark decrease by 1.32% to 1,855,128. The total cards spending for 2016 in Denmark increase by 8.16% to DKK39.280 billions(€5.3 billions), with 8.16% increase recorded in number of card transactions.



  • As at 31 July 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Poland stood at €38,750 millions, an increase by €51 millions or 0.13% compares to €38,699 millions as at 30 June 2017.

  • As at 31 December 2016, the number of credit cards in Poland increase by 1.33% to 5,884,700. The total cards spending for 2016 in Poland rise by 10.67% to €8.3 billions, with 14.99% increase recorded in number of card transactions.



  • As at 30 June 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Austria stood at €19,018 millions, a decrease by €158 millions or 0.82% compares to €19,176 millions as at 31 May 2017.

    As at 31 December 2015, the number of credit cards in Austria decrease by 4.30% to 1,356,760. The total cards spending for 2015 in Austria lowered by 1.69% to €5.22 billions, with 0.91% decrease in number of card transactions.



  • As at 31 August 2017, there are 6,515,789 cardholders in Switzerland, with 34,354,000 transactions amounting to CHF$3.399 billion recorded in the month.

    As at 31 December 2016, the number of credit cards in Switzerland increase by 2.49% to 6,345,971. A total of 344.65 millions credit card transactions recorded in 2016 with CHF$36.82 billions in value.



  • As at 30 June 2017, there are 1,314,649 credit cards in Hungary.
    For the 3 months ended 30 June 2017, 19,845,832 credit card transactions recorded in Hungary, generating HUF172,345 millions in value.
    For the 6 months ended 30 June 2017, 41,961,421 credit card transactions recorded in Hungary, generating HUF327,394 millions in value.

    As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Hungary stood at €7,878 millions, a decrease by €53 millions or 0.67% compares to €7,931 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Hungary decrease by 1.92% to 1,356,000. The total cards spending for 2016 in Hungary rise by 14.84% to €1.9 billions, with 16.84% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Czech Republic stood at €8,729 millions, an increase by €51 millions or 0.59% compares to €8,678 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Czech Republic decrease by 3.54% to 1,982,600. The total credit cards spending for 2016 in Czech Republic rise by 24.14% to €.36 billions, with 23.08% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Latvia stood at €511 millions, an increase by €10 millions or 2.00% compares to €501 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Latvia increase by 6.90% to 387,200. The total credit cards spending for 2016 in Latvia up by 17.39% to €0.8 billions, with 29.71% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Portugal stood at €13,265 millions, an increase by €370 millions or 2.87% compares to €12,895 millions as at 31 July 2017.

    As at 31 December 2016, the number of cards with a credit and/or delayed debit function in Portugal increase by 1.24% to 8,162,300. The total cards credit and/or delayed debit function spending for 2016 in Portugal increase by 10.26% to €4.3 billions, with 8.09% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Romania stood at €11,772 millions, an increase by €75 millions or 0.64% compares to at €11,697 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Romania increase by 13.95% to 2,825,200. The total credit cards spending for 2016 in Romania rise by 20% to €1.8 billions, with 16.98% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Bulgaria stood at €4,537 millions, an increase by €35 millions or 0.78% compares to €4,502 millions as at 31 July 2016.

    As at 31 December 2016, the number of credit cards in Bulgaria increase by 28.76% to 1,216,000. The total credit cards spending for 2016 in Bulgaria rise by 22.22% to €1.1 billions, with 23.80% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Slovakia stood at €5,890 millions, an increase by €78 millions or 1.34% compares to €5,812 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Slovakia decrease by 3.42% to 891,300. The total credit cards spending for 2016 in Slovakia similar to 2015 at €1.1 billions, despite 10.33% increase in number of card transactions.



  • As at 31 August 2017, the consumer credit outstanding balance, which is inclusive of credit cards and personal loans in Ireland stood at €12,971 millions, an increase by €20 millions or 0.15% compares to €12,951 millions as at 31 July 2017.

    As at 31 December 2016, the number of credit cards in Ireland decrease by 1.43% to 1,824,000. The total credit cards spending for 2016 in Ireland rise by 6.58% to €8.1 billions, with 5.88% increase in number of card transactions.



  • As at 31 August 2016, the loans granted to resident individuals outstanding balance in Russia stood at RUR10,661,247 millions, an increase by RUR61,286 millions or 0.58% compares to RUR10,599,961 millions as at 31 July 2016.

    For the 6 months ended 30th June 2016, a total of RUR3,274,981 millions loans granted to resident individuals in Russia. As at 31 December 2015, the outstanding balance for loans granted to resident individuals in Russia stood at RUR10,634,035 millions. For the 12 months ended 31 December 2015, a total of RUR5,861,351 millions loans granted to resident individuals in Russia.

    As at 30 June 2016, the number of credit cards in Russia has increased by 2.07% to 30,074,000 in 6 months period. For the 6 months ended 30th June 2016, 5,915.2 millions payment card(debit and credit card) transactions recorded in Russia, generating RUR5,915.5 billions.

    As at 31 December 2015, the number of credit cards in Russia decrease by 7.24% to 29,464,000. The total credit cards spending for 2015 in Russia up by 14.84% to RUR1,189.5 billions, with 33.19% increase in number of card transactions.



  • As at 31 December 2016, the number of credit cards in Greece increase by 12.00% to 3,005,800. The total credit cards spending for 2016 in Greece up by 73.03% to €15.4 billions, with 108.80% increase in number of card transactions.

    As at 31 December 2015, the number of credit cards in Turkey increase by 2.12% to 58,215,000. The total credit cards spending for 2015 in Turkey up by 13.62% to TRY488.37 billions, with 7.61% increase in number of card transactions.

UK Monthly Credit Card Statistics 2017

As at 31st January 2017, the outstanding credit card balances stood at £62.962 billions, a decrease of £847 millions or 1.33% compares to £63.809 billions at the end of December 2016. There are 59.759 millions credit cards(50.756 million accounts) at the end of January 2017, an increase of 253,000 or 0.43% compares to 59.506 millions at the end of December 2016. The total card spending for January 2017 is £12.757 billions, generated from 224.667 millions of transactions(average £57 per transaction). £384 millions is recorded for cash withdrawals, generated from 2.853 millions transactions(average £135 per transaction). £1,597 millions is recorded for balance transfers, generated from 711,000 transactions(average £2,246 per transaction)

As at 28th February 2017, the outstanding credit card balances stood at £62.938 billions, a decrease of £24 millions or 0.04% compares to £62.962 billions at the end of January 2017. There are 59.702 millions credit cards(50.255 million accounts) at the end of February 2017, a decrease of 57,000 or 0.10% compares to 59.759 millions at the end of January 2017. The total card spending for February 2017 is £11.612 billions, generated from 209.820 millions of transactions(average £55 per transaction). £352 millions is recorded for cash withdrawals, generated from 2.693 millions transactions(average £131 per transaction). £1,255 millions is recorded for balance transfers, generated from 576,000 transactions(average £2,179 per transaction)

As at 31st March 2017, the outstanding credit card balances stood at £62.830 billions, a decrease of £108 millions or 0.17% compares to £62.938 billions at the end of February 2017. There are 59.732 millions credit cards(50.245 million accounts) at the end of March 2017, an increase of 30,000 or 0.05% compares to 59.702 millions at the end of February 2017. The total card spending for March 2017 is £13.265 billions, generated from 239.058 millions of transactions(average £55 per transaction). £398 millions is recorded for cash withdrawals, generated from 3.066 millions transactions(average £130 per transaction). £1,339 millions is recorded for balance transfers, generated from 609,000 transactions(average £2,199 per transaction)

As at 30th April 2017, the outstanding credit card balances stood at £63.485 billions, an increase of £655 millions or 1.04% compares to £62.830 billions at the end of March 2017. There are 59.692 millions credit cards(50.231 million accounts) at the end of April 2017, a decrease of 40,000 or 0.07% compares to 59.732 millions at the end of March 2017. The total card spending for April 2017 is £12.324 billions, generated from 224.847 millions of transactions(average £55 per transaction). £385 millions is recorded for cash withdrawals, generated from 3.019 millions transactions(average £128 per transaction). £1,024 millions is recorded for balance transfers, generated from 483,000 transactions(average £2,120 per transaction).

As at 31st May 2017, the outstanding credit card balances stood at £63.760 billions, an increase of £275 millions or 0.43% compares to £63.485 billions at the end of April 2017. There are 59.695 millions credit cards(50.255 million accounts) at the end of May 2017, an increase of 3,000 or 0.005% compares to 59.692 millions at the end of April 2017. The total card spending for May 2017 is £14.065 billions, generated from 258.501 millions of transactions(average £54 per transaction). £406 millions is recorded for cash withdrawals, generated from 3.264 millions transactions(average £124 per transaction). £1,270 millions is recorded for balance transfers, generated from 590,000 transactions(average £2,153 per transaction).

As at 30th June 2017, the outstanding credit card balances stood at £64.307 billions, an increase of £547 millions or 0.86% compares to £63.760 billions at the end of May 2017. There are 59.704 millions credit cards(50.271 million accounts) at the end of June 2017, an increase of 9,000 or 0.02% compares to 59.695 millions at the end of May 2017. The total card spending for June 2017 is £13.384 billions, generated from 243.870 millions of transactions(average £55 per transaction). £421 millions is recorded for cash withdrawals, generated from 3.027 millions transactions(average £139 per transaction). £1,313 millions is recorded for balance transfers, generated from 594,000 transactions(average £2,210 per transaction).

As at 31st July 2017, the outstanding credit card balances stood at £64.449 billions, an increase of £142 millions or 0.22% compares to £64.307 billions at the end of June 2017. There are 59.236 millions credit cards(50.166 million accounts) at the end of July 2017, a decrease of 468,000 or 0.78% compares to 59.704 millions at the end of June 2017. The total card spending for July 2017 is £13.655 billions, generated from 253.885 millions of transactions(average £54 per transaction). £399 millions is recorded for cash withdrawals, generated from 3.110 millions transactions(average £128 per transaction). £1,292 millions is recorded for balance transfers, generated from 622,000 transactions(average £2,077 per transaction).

As at 31st August 2017, the outstanding credit card balances stood at £64.733 billions, an increase of £284 millions or 0.44% compares to £64.449 billions at the end of July 2017. There are 59.160 millions credit cards(50.254 million accounts) at the end of August 2017, a decrease of 76,000 or 0.13% compares to 59.236 millions at the end of July 2017. The total card spending for August 2017 is £13.393 billions, generated from 249.959 millions of transactions(average £54 per transaction). £468 millions is recorded for cash withdrawals, generated from 3.293 millions transactions(average £142 per transaction). £1,242 millions is recorded for balance transfers, generated from 575,000 transactions(average £2,160 per transaction).

As at 30th September 2017, the outstanding credit card balances stood at £65.163 billions, an increase of £430 millions or 0.66% compares to £64.733 billions at the end of August 2017. There are 58.914 millions credit cards(50.040 million accounts) at the end of September 2017, a decrease of 246,000 or 0.42% compares to 59.160 millions at the end of August 2017. The total card spending for September 2017 is £12.889 billions, generated from 238.850 millions of transactions(average £54 per transaction). £426 millions is recorded for cash withdrawals, generated from 3.041 millions transactions(average £140 per transaction). £1,168 millions is recorded for balance transfers, generated from 532,000 transactions(average £2,195 per transaction).

Credit Cards in United Kingdom 2015-2016

As at 31st December 2016, there are 59,506,000 credit cards(50.21mn accounts) in UK, a decrease of 371,000 or 0.62% compares to 59,877,000 cards(50.76mn accounts) in the same period a year ago. And the outstanding credit stood at £63.81 billions as at 31st December 2016, an increase of 3.94% or £2.42 billions compares to £61.39 billions in the same period in 2015, showing that cardholders are slow in paying off their card spending compares to previous year with 55.4% of the balances bearing interest.

Total Card Transactions in Volume and Value
UK recorded 2,810 millions card transactions in 2016, an increase of 128 millions or 4.77% compares to 2,682 millions in 2015. The number of transactions can be further broken down as:-

  • 2,769 millions purchases transaction, an increase of 126 millions or 4.77% compares to 2,643 millions in 2015
  • 35.00 millions cash withdrawals transaction, an increase of 1.90 millions or 5.74% compares to 33.10 millions in 2015
  • 6.50 millions balance transfers transaction, an increase of 0.44 millions or 7.26% compares to 6.06 millions in 2015

The total card transactions for 2016 is £171.96 billions in value, an increase of £5.69 billions or 3.42% compares to £166.27 billions in 2015. The figure can be further broken down as:-

  • £152.83 billions purchases transaction, an increase of £3.94 billions or 2.65% compares to £148.89 billions in 2015
  • £4.60 billions cash withdrawals transaction, an increase of £0.67 billions or 17.05% compares to £3.93 billions in 2015
  • £14.54 billions balance transfers transaction, an increase of £1.09 billions or 8.10% compares to £13.45 billions in 2015

Card Fraud in United Kingdom 2015-2016
Card Fraud in UK amounted to £618.0m in 2016, an increase of £50.5m or 8.90% compares to £567.5m in 2015. 67.64% or £418.0m of card fraud is committed in UK(an increase of £38.2m or 10.06% compares to £379.8m in 2015), while £200.1m or 32.38% is committed abroad(an increase of £12.4m or 6.61% compares to £187.7m in 2015).
The £618.0m card fraud losses can be further broken down as:-

  • £432.3m for phone, internet and mail order fraud (Card-not-present fraud), an increase of £34.1m or 8.56% compares to £398.2m 2015.
    Out of the £432.3m, 71.43% or £308.8m is for e-commerce, an increase of of £47.3m or 18.09% compares to £261.5m 2015.
  • £36.9m for counterfeit (skimmed/cloned) fraud, a decrease of £8.4m or 18.54% compares to £45.3m 2015.
  • £96.3m for fraud on lost or stolen cards, an increase of £22.2m or 29.96% compares to £74.1m 2015.
  • £40.0m for card ID theft, an increase of £1.8m or 4.71% compares to £38.2m 2015.
  • £12.5m for mail non-receipt, an increase of £0.8m or 6.84% compares to £11.7m 2015.

Within the £618.0m card fraud losses, £62.8 is for UK retail face-to-face transactions(an increase of £9.3m or 17.38% compares to £53.5m in 2015), and £43.1mm for UK cash machine fraud(an increase of £10.4m or 31.80% compares to £32.7m in 2015).

Credit Cards in United Kingdom 2014-2015

As at 31st December 2015, there are 59,877,000 credit cards(50.76mn accounts) in UK, an increase of 1,119,000 or 1.90% compares to 58,758,000 cards(50.60mn accounts) in the same period a year ago. And the outstanding credit stood at £61.39 billions as at 31st December 2015, an increase of 2.11% or £1.27 billions compares to £60.12 billions in the same period in 2014, showing that cardholders are slow in paying off their card spending compares to previous year with 57.8% of the balances bearing interest.

Total Card Transactions in Volume and Value
UK recorded 2,682 millions card transactions in 2015, an increase of 173 millions or 6.90% compares to 2,509 millions in 2014. The number of transactions can be further broken down as:-

  • 2,643 millions purchases transaction, an increase of 172 millions or 6.96% compares to 2,471 millions in 2014
  • 33.10 millions cash withdrawals transaction, an increase of 1.25 millions or 3.92% compares to 31.85 millions in 2014
  • 6.06 millions balance transfers transaction, an increase of 0.05 millions or 0.83% compares to 6.01 millions in 2014

The total card transactions for 2015 is £166.27 billions in value, an increase of £4.65 billions or 2.88% compares to £161.62 billions in 2014. The figure can be further broken down as:-

  • £148.89 billions purchases transaction, an increase of £4.28 billions or 2.96% compares to £144.61 billions in 2014
  • £3.93 billions cash withdrawals transaction, an increase of £0.07 billions or 1.81% compares to £3.86 billions in 2014
  • £13.45 billions balance transfers transaction, an increase of £0.30 billions or 2.28% compares to £13.15 billions in 2014

Card Fraud in United Kingdom
Card Fraud in UK amounted to £567.5m in 2015, a significant increase of £88.5m or 18.48% compares to £479.0m in 2014. 66.93% or £379.8m of card fraud is committed in UK(an increase of £51.1m or 15.55% compares to £328.7m in 2014), while £187.7m or 33.07% is committed abroad(an increase of £37.4m or 24.88% compares to £150.3m in 2014).
The £567.5m card fraud losses can be further broken down as:-

  • £398.2m for phone, internet and mail order fraud (Card-not-present fraud), an increase of £66.7m or 20.12% compares to £331.5m 2014.
    Out of the £398.2m, 65.67% or £261.5m is for e-commerce, an increase of of £42.4m or 19.35% compares to £219.1m 2014.
  • £45.3m for counterfeit (skimmed/cloned) fraud, a decrease of £2.5m or 5.23% compares to £47.8m 2014.
  • £74.1m for fraud on lost or stolen cards, an increase of £14.4m or 24.12% compares to £59.7m 2014.
  • £38.2m for card ID theft, an increase of £8.3m or 27.76% compares to £29.9m 2014.
  • £11.7m for mail non-receipt, an increase of £1.6m or 15.84% compares to £10.1m 2014.

Within the £567.5m card fraud losses, £53.5m is for UK retail face-to-face transactions(an increase of £4.3m or 8.74% compares to £49.2m in 2014), and £32.7mm for UK cash machine fraud(an increase of £5.4m or 19.78% compares to £27.3m in 2014).


Monthly Statistics 2016

As at 31st January 2016, the outstanding credit card balances stood at £60.672 billions, a decrease of £722 millions or 1.18% compares to £61.394 billions at the end of December 2015. There are 59.932 millions credit cards(50.786 million accounts) at the end of January 2016, an increase of 55,000 or 0.09% compares to 59.877 millions at the end of December 2015. The total card spending for January 2016 is £11.414 billions, generated from 199.767 millions of transactions(average £57 per transaction). £292 millions is recorded for cash withdrawals, generated from 2.504 millions transactions(average £117 per transaction).

As at 29th February 2016, the outstanding credit card balances stood at £60.455 billions, a decrease of £217 millions or 0.36% compares to £60.672 billions at the end of January 2016. There are 60.036 millions credit cards(50.875 million accounts) at the end of February 2016, an increase of 104,000 or 0.17% compares to 59.932 millions at the end of January 2015. The total card spending for February 2016 is £12.042 billions, generated from 214.327 millions of transactions(average £56 per transaction). £318 millions is recorded for cash withdrawals, generated from 2.739 millions transactions(average £116 per transaction).

As at 31st March 2016, the outstanding credit card balances stood at £60.563 billions, an increase of £108 millions or 0.18% compares to £60.455 billions at the end of February 2016. There are 59.796 millions credit cards(50.480 million accounts) at the end of March 2016, a decrease of 240,000 or 0.40% compares to 60.036 millions at the end of February 2016. The total card spending for March 2016 is £12.526 billions, generated from 221.832 millions of transactions(average £56 per transaction). £374 millions is recorded for cash withdrawals, generated from 2.916 millions transactions(average £128 per transaction).

As at 30th April 2016, the outstanding credit card balances stood at £60.766 billions, an increase of £203 millions or 0.34% compares to £60.563 billions at the end of March 2016. There are 59.808 millions credit cards(50.482 million accounts) at the end of April 2016, an increase of 12,000 or 0.02% compares to 59.796 millions at the end of March 2016. The total card spending for April 2016 is £12.136 billions, generated from 214.806 millions of transactions(average £56 per transaction). £370 millions is recorded for cash withdrawals, generated from 2.937 millions transactions(average £126 per transaction).

As at 31st May 2016, the outstanding credit card balances stood at £61.227 billions, an increase of £461 millions or 0.76% compares to £60.766 billions at the end of April 2016. There are 60.021 millions credit cards(50.368 million accounts) at the end of May 2016, an increase of 213,000 or 0.36% compares to 59.808 millions at the end of April 2016. The total card spending for May 2016 is £13.012 billions, generated from 233.152 millions of transactions(average £56 per transaction). £399 millions is recorded for cash withdrawals, generated from 3.004 millions transactions(average £133 per transaction).

As at 30th June 2016, the outstanding credit card balances stood at £61.621 billions, an increase of £394 millions or 0.64% compares to £61.227 billions at the end of May 2016. There are 59.975 millions credit cards(50.667 million accounts) at the end of June 2016, a decrease of 46,000 or 0.08% compares to 60.021 millions at the end of May 2016. The total card spending for June 2016 is £12.683 billions, generated from 227.708 millions of transactions(average £56 per transaction). £428 millions is recorded for cash withdrawals, generated from 3.112 millions transactions(average £138 per transaction).

As at 31st July 2016, the outstanding credit card balances stood at £61.666 billions, an increase of £45 millions or 0.07% compares to £61.621 billions at the end of June 2016. There are 59.981 millions credit cards(50.706 million accounts) at the end of July 2016, an increase of 6,000 or 0.01% compares to 59.975 millions at the end of June 2016. The total card spending for July 2016 is £12.493 billions, generated from 226.564 millions of transactions(average £55 per transaction). £415 millions is recorded for cash withdrawals, generated from 2.898 millions transactions(average £143 per transaction).

As at 31st August 2016, the outstanding credit card balances stood at £62.066 billions, an increase of £400 millions or 0.65% compares to £61.666 billions at the end of July 2016. There are 60.113 millions credit cards(50.813 million accounts) at the end of August 2016, an increase of 132,000 or 0.22% compares to 59.981 millions at the end of July 2016. The total card spending for August 2016 is £13.345 billions, generated from 245.153 millions of transactions(average £54 per transaction). £461 millions is recorded for cash withdrawals, generated from 3.295 millions transactions(average £140 per transaction).

As at 30th September 2016, the outstanding credit card balances stood at £61.930 billions, a decrease of £136 millions or 0.22% compares to £62.066 billions at the end of August 2016. There are 59.932 millions credit cards(50.582 million accounts) at the end of September 2016, a decrease of 181,000 or 0.30% compares to 60.113 millions at the end of August 2016. The total card spending for September 2016 is £12.737 billions, generated from 228.952 millions of transactions(average £56 per transaction). £413 millions is recorded for cash withdrawals, generated from 3.043 millions transactions(average £136 per transaction).

As at 31st October 2016, the outstanding credit card balances stood at £62.150 billions, an increase of £22 millions or 0.36% compares to £61.930 billions at the end of September 2016. There are 59.967 millions credit cards(50.630 million accounts) at the end of September 2016, an increase of 35,000 or 0.06% compares to 59.932 millions at the end of September 2016. The total card spending for October 2016 is £13.055 billions, generated from 238.140 millions of transactions(average £55 per transaction). £386 millions is recorded for cash withdrawals, generated from 2.959 millions transactions(average £130 per transaction).

As at 30th November 2016, the outstanding credit card balances stood at £63.172 billions, an increase of £1,022 millions or 1.64% compares to £62.150 billions at the end of October 2016. There are 59.577 millions credit cards(50.240 million accounts) at the end of November 2016, a decrease of 390,000 or 0.65% compares to 59.967 millions at the end of October 2016. The total card spending for November 2016 is £13.667 billions, generated from 251.745 millions of transactions(average £54 per transaction). £365 millions is recorded for cash withdrawals, generated from 2.811 millions transactions(average £130 per transaction).

As at 31st December 2016, the outstanding credit card balances stood at £63.809 billions, an increase of £637 millions or 1.01% compares to £63.172 billions at the end of November 2016. There are 59.506 millions credit cards(50.205 million accounts) at the end of December 2016, a decrease of 71,000 or 0.12% compares to 59.577 millions at the end of November 2016. The total card spending for December 2016 is £13.714 billions, generated from 266.389 millions of transactions(average £51 per transaction). £374 millions is recorded for cash withdrawals, generated from 2.776 millions transactions(average £135 per transaction).


Monthly Statistics 2015

As at 31st December 2015, the outstanding credit card balances stood at £61.394 billions, an increase of £757 millions or 1.25% compares to £60.637 billions at the end of November 2015. There are 59.877 millions credit cards(50.763 million accounts) at the end of December 2015, a decrease of 220,000 or 0.37% compares to 60.097 millions at the end of November 2015. The total card spending for December is £13.692 billions, generated from 262.593 millions of transactions(average £52 per transaction). £321 millions is recorded for cash withdrawals, generated from 2.784 millions transactions(average £115 per transaction).

As at 30th November 2015, the outstanding credit card balances stood at £60.637 billions, an increase of £757 millions or 1.26% compares to £59.880 billions at the end of October 2015. There are 60.097 millions credit cards(51.210 million accounts) at the end of November 2015, an increase of 108,000 or 0.18% compares to 59.989 millions at the end of October 2015. The total card spending for November 2015 is £13.173 billions, generated from 242.075 millions of transactions(average £54 per transaction). £303 millions is recorded for cash withdrawals, generated from 2.737 millions transactions(average £111 per transaction).

As at 31st October 2015, the outstanding credit card balances stood at £59.880 billions, a decrease of £148 millions or 0.25% compares to £60.028 billions at the end of September 2015. There are 59.989 millions credit cards(51.137 million accounts) at the end of October 2015, an increase of 374,000 or 0.58% compares to 59.615 millions at the end of September 2015. The total card spending for October 2015 is £12.425 billions, generated from 223.094 millions of transactions(average £56 per transaction). £317 millions is recorded for cash withdrawals, generated from 2.769 millions transactions(average £114 per transaction).

As at 30th September 2015, the outstanding credit card balances stood at £60.028 billions, an increase of £154 millions or 0.26% compares to £59.874 billions at the end of August 2015. There are 59.615 millions credit cards(50.973 million accounts) at the end of September 2015, a decrease of 334,000 or 0.56% compares to 59.949 millions at the end of August 2015. The total card spending for September 2015 is £12.449 billions, generated from 222.220 millions of transactions(average £56 per transaction). £347 millions is recorded for cash withdrawals, generated from 2.931 millions transactions(average £118 per transaction).

As at 31st August 2015, the outstanding credit card balances stood at £59.874 billions, an increase of £191 millions or 0.32% compares to £59.683 billions at the end of July 2015. There are 59.949 millions credit cards(51.121 million accounts) at the end of August 2015, an increase of 188,000 or 0.31% compares to 59.761 millions at the end of July 2015. The total card spending for August 2015 is £12.107 billions, generated from 218.023 millions of transactions(average £56 per transaction). £352 millions is recorded for cash withdrawals, generated from 2.852 millions transactions(average £123 per transaction).

As at 31st July 2015, the outstanding credit card balances stood at £59.683 billions, an increase of £73 millions or 0.12% compares to £59.610 billions at the end of June 2015. There are 59.761 millions credit cards(50.962 million accounts) at the end of July 2015, an increase of 158,000 or 0.27% compares to 59.603 millions at the end of June 2015. The total card spending for July 2015 is £12.844 billions, generated from 224.163 millions of transactions(average £57 per transaction). £372 millions is recorded for cash withdrawals, generated from 2.863 millions transactions(average £130 per transaction).

As at 30th June 2015, the outstanding credit card balances stood at £59.610 billions, an increase of £372 millions or 0.63% compares to £59.238 billions at the end of May 2015. There are 59.603 millions credit cards(51.051 million accounts) at the end of June 2015, an increase of 208,000 or 0.35% compares to 59.395 millions at the end of May 2015. The total card spending for June 2015 is £13.100 billions, generated from 230.705 millions of transactions(average £57 per transaction). £360 millions is recorded for cash withdrawals, generated from 2.944 millions transactions(average £122 per transaction).

As at 31st May 2015, the outstanding credit card balances stood at £59.238 billions, a decrease of £41 millions or 0.07% compares to £59.279 billions at the end of April 2015. There are 59.395 millions credit cards(50.889 million accounts) at the end of May 2015, an increase of 153,000 or 0.26% compares to 59.242 millions at the end of April 2015. The total card spending for May 2015 is £12.001 billions, generated from 209.621 millions of transactions(average £57 per transaction). £323 millions is recorded for cash withdrawals, generated from 2.672 millions transactions(average £121 per transaction).

As at 30th April 2015, the outstanding credit card balances stood at £59.279 billions, an increase of £566 millions or 0.96% compares to £58.713 billions at the end of March 2015. There are 59.242 millions credit cards(50.752 million accounts) at the end of April 2015, an increase of 89,000 or 0.15% compares to 59.153 millions at the end of March 2015. The total card spending for April 2015 is £12.082 billions, generated from 210.684 millions of transactions(average £57 per transaction). £324 millions is recorded for cash withdrawals, generated from 2.827 millions transactions(average £115 per transaction).

As at 31st March 2015, the outstanding credit card balances stood at £58.713 billions, a decrease of £216 millions or 0.37% compares to £58.929 billions at the end of February 2015. There are 59.153 millions credit cards(50.637 million accounts) at the end of February 2015, an increase of 111,000 or 0.19% compares to 59.042 millions at the end of February 2015. The total card spending for March 2015 is £12.678 billions, generated from 218.463 millions of transactions(average £58 per transaction). £337 millions is recorded for cash withdrawals, generated from 2.843 millions transactions(average £119 per transaction).

As at 28th February 2015, the outstanding credit card balances stood at £58.929 billions, a decrease of £233 millions or 0.39% compares to £59.162 billions at the end of January 2015. There are 59.042 millions credit cards(50.525 million accounts) at the end of February 2015, a decrease of 43,000 or 0.07% compares to 59.085 millions at the end of January 2015. The total card spending for February 2015 is £10.848 billions, generated from 187.418 millions of transactions(average £58 per transaction). £284 millions is recorded for cash withdrawals, generated from 2.443 millions transactions(average £116 per transaction).

As at 31st January 2015, the outstanding credit card balances stood at £59.162 billions, a decrease of £955 millions or 1.59% compares to £60.117 billions at the end of December 2014. There are 59.085 millions credit cards(50.623 million accounts) at the end of January 2015, an increase of 327,000 or 0.56% compares to 58.758 millions at the end of December 2014. The total card spending for January 2015 is £11.489 billions, generated from 193.703 millions of transactions(average £59 per transaction). £286 millions is recorded for cash withdrawals, generated from 2.434 millions transactions(average £118 per transaction).


Credit Cards in United Kingdom 2013-2014

As at 31st December 2014, there are 58,758,000 credit cards(50.60mn accounts) in UK, a decrease of 720,000 or 1.24% compares to 58,038,000 cards(49.76mn accounts) in the same period a year ago. And the outstanding credit stood at £60.12 billions as at 31st December 2014, an increase of 3.10% or £1.81 billions compares to £58.31 billions in the same period in 2013, showing that cardholders are slow in paying off their card spending compares to previous year with 57.4% of the balances bearing interest.

Total Card Transactions in Volume and Value
UK recorded 2,509 millions card transactions in 2014, an increase of 134 millions or 5.64% compares to 2,375 millions in 2013. The number of transactions can be further broken down as:-

  • 2,471 millions purchases transaction, an increase of 132 millions or 5.64% compares to 2,339 millions in 2013
  • 31.85 millions cash withdrawals transaction, an increase of 1.65 millions or 5.46% compares to 30.20 millions in 2013
  • 6.01 millions balance transfers transaction, an increase of 0.31 millions or 5.44% compares to 5.70 millions in 2013

The total card transactions for 2014 is £161.62 billions in value, an increase of £6.27 billions or 4.04% compares to £155.35 billions in 2013. The figure can be further broken down as:-

  • £144.61 billions purchases transaction, an increase of £5.46 billions or 3.92% compares to £139.15 billions in 2013
  • £3.86 billions cash withdrawals transaction, an increase of £0.01 billions or 0.26% compares to £3.85 billions in 2013
  • £13.15 billions balance transfers transaction, an increase of £0.80 billions or 6.48% compares to £12.35 billions in 2013

Card Fraud in United Kingdom
Card Fraud in UK stood at £479.0m in 2014, an increase of £28.6m or 6.35% compares to £450.4m in 2013. 68.62% or £328.7m of card fraud is committed in UK(an increase of £0.3m or 0.09% compares to £328.4m in 2013), while £150.3m or 31.38% is committed abroad(an increase of £28.3m or 23.20% compares to £122.0m in 2013).
The £479.0m card fraud losses can be further broken down as:-

  • £331.5m for phone, internet and mail order fraud (Card-not-present fraud), an increase of £30.4m or 10.10% compares to £301.1m 2013.
    Out of the £331.5m, 66.09% or £219.1m is for e-commerce, an increase of of £29m or 15.26% compares to £190.1m 2013.
  • £47.8m for counterfeit (skimmed/cloned) fraud, an increase of £4.4m or 10.14% compares to £43.4m 2013.
  • £59.7m for fraud on lost or stolen cards, an increase of £0.8m or 1.36% compares to £58.9m 2013.
  • £29.9m for card ID theft, a decrease of £6.8m or 18.53% compares to £36.7m 2013.
  • £10.1m for mail non-receipt, a decrease of £0.3m or 2.88% compares to £10.4m 2013.

Within the £479.0m card fraud losses, £49.2m is for UK retail face-to-face transactions(a decrease of £11.6m or 19.08% compares to £60.8m in 2013), and £27.3m for UK cash machine fraud(a decrease of £4.6m or 14.42% compares to £31.9m in 2013).


Monthly Statistics 2014

As at 31st December 2014, the outstanding credit card balances stood at £60.117 billions, an increase of £721 millions or 1.21% compares to £59.396 billions at the end of November 2014. There are 58.758 millions credit cards(50.602 million accounts) at the end of December 2014, an increase of 85,000 or 0.14% compares to 58.673 millions at the end of November 2014. The total card spending for December 2014 is £14.218 billions, generated from 263.116 millions of transactions(average £54 per transaction). £327 millions is recorded for cash withdrawals, generated from 2.734 millions transactions(average £120 per transaction).

As at 30th November 2014, the outstanding credit card balances stood at £59.396 billions, an increase of £637 millions or 1.08% compares to £58.759 billions at the end of October 2014. There are 58.673 millions credit cards(50.608 million accounts) at the end of November 2014, a decrease of 737,000 or 1.24% compares to 59.410 millions at the end of October 2014. The total card spending for November 2014 is £11.963 billions, generated from 212.103 millions of transactions(average £56 per transaction). £277 millions is recorded for cash withdrawals, generated from 2.408 millions transactions(average £115 per transaction).

As at 31st October 2014, the outstanding credit card balances stood at £58.759 billions, an increase of £59 millions or 0.10% compares to £58.700 billions at the end of September 2014. There are 59.410 millions credit cards(51.204 million accounts) at the end of October 2014, an increase of 48,000 or 0.08% compares to 59.362 millions at the end of September 2014. The total card spending for October 2014 is £12.440 billions, generated from 213.738 millions of transactions(average £58 per transaction). £321 millions is recorded for cash withdrawals, generated from 2.719 millions transactions(average £118 per transaction).

As at 30th September 2014, the outstanding credit card balances stood at £58.700 billions, an increase of £148 millions or 0.25% compares to £58.552 billions at the end of August 2014. There are 59.362 millions credit cards(51.129 million accounts) at the end of September 2014, an increase of 44,000 or 0.07% compares to 59.318 millions at the end of August 2014. The total card spending for September 2014 is £12.481 billions, generated from 210.330 millions of transactions(average £59 per transaction). £356 millions is recorded for cash withdrawals, generated from 2.868 millions transactions(average £124 per transaction).

As at 31st August 2014, the outstanding credit card balances stood at £58.552 billions, an increase of £358 millions or 0.62% compares to £58.194 billions at the end of July 2014. There are 59.318 millions credit cards(51.062 million accounts) at the end of August 2014, an increase of 132,000 or 0.22% compares to 59.186 millions at the end of July 2014. The total card spending for August 2014 is £11.687 billions, generated from 201.360 millions of transactions(average £58 per transaction). £348 millions is recorded for cash withdrawals, generated from 2.722 millions transactions(average £128 per transaction).

As at 31st July 2014, the outstanding credit card balances stood at £58.194 billions, an increase of £57 millions or 0.10% compares to £58.137 billions at the end of June 2014. There are 59.186 millions credit cards(50.943 million accounts) at the end of July 2014, an increase of 188,000 or 0.32% compares to 58.998 millions at the end of June 2014. The total card spending for July 2014 is £12.431 billions, generated from 211.434 millions of transactions(average £59 per transaction). £366 millions is recorded for cash withdrawals, generated from 2.858 millions transactions(average £128 per transaction).

As at 30th June 2014, the outstanding credit card balances stood at £58.137 billions, an increase of £382 millions or 0.66% compares to £57.755 billions at the end of May 2014. There are 58.998 millions credit cards(50.809 million accounts) at the end of June 2014, an increase of 660,000 or 1.13% compares to 58.338 millions at the end of May 2014. The total card spending for June 2014 is £12.149 billions, generated from 206.080 millions of transactions(average £59 per transaction). £349 millions is recorded for cash withdrawals, generated from 2.841 millions transactions(average £123 per transaction).

As at 31st May 2014, the outstanding credit card balances stood at £57.755 billions, an increase of £217 millions or 0.38% compares to £57.538 billions at the end of April 2014. There are 58.338 millions credit cards(50.153 million accounts) at the end of May 2014, a decrease of 249,000 or 0.43% compares to 58.587 millions at the end of April 2014. The total card spending for May 2014 is £11.712 billions, generated from 200.536 millions of transactions(average £58 per transaction). £333 millions is recorded for cash withdrawals, generated from 2.649 millions transactions(average £126 per transaction).

As at 30th April 2014, the outstanding credit card balances stood at £57.538 billions, an increase of £463 millions or 0.81% compares to £57.075 billions at the end of March 2014. There are 58.587 millions credit cards(50.477 million accounts) at the end of April 2014, an increase of 630,000 or 1.09% compares to 57.957 millions at the end of March 2014. The total card spending for April 2014 is £11.679 billions, generated from 195.264 millions of transactions(average £60 per transaction). £322 millions is recorded for cash withdrawals, generated from 2.749 millions transactions(average £117 per transaction).

As at 31st March 2014, the outstanding credit card balances stood at £57.075 billions, a decrease of £342 millions or 0.60% compares to £57.417 billions at the end of February 2014. There are 57.957 millions credit cards(50.348 million accounts) at at the end of March 2014, an increase of 223,000 or 0.39% compares to 57.734 millions at the end of February 2014. The total card spending for March 2014 is £11.863 billions, generated from 196.386 millions of transactions(average £60 per transaction). £303 millions is recorded for cash withdrawals, generated from 2.586 millions transactions(average £117 per transaction).

As at 28th February 2014, the outstanding credit card balances stood at £57.417 billions, a decrease of £53 millions or 0.09% compares to £57.470 billions at the end of January 2014. There are 57.734 millions credit cards(50.113 million accounts) at the end of February 2014, a decrease of 41,000 or 0.07% compares to 57.775 millions at the end of January 2014. The total card spending for February 2014 is £10.465 billions, generated from 173.969 millions of transactions(average £60 per transaction). £273 millions is recorded for cash withdrawals, generated from 2.330 millions transactions(average £117 per transaction).

As at 31st January 2014, the outstanding credit card balances stood at £57.470 billions, a decrease of £841 millions or 1.44% compares to £58.311 billions at the end of December 2013. There are 57.775 millions credit cards(50.011 million accounts) at the end of January 2014, a decrease of 263,000 or 0.45% compares to 58.038 millions at the end of December 2013. The total card spending for January 2014 is £11.516 billions, generated from 186.328 millions of transactions(average £62 per transaction). £286 millions is recorded for cash withdrawals, generated from 2.387 millions transactions(average £120 per transaction).


Credit Cards in United Kingdom 2012-2013

As at 31st December 2013, there are 58,038,000 credit cards(49.76mn accounts) in UK, a decrease of 908,000 or 1.54% compares to 58,946,000 cards(49.54mn accounts) in the same period a year ago. And the outstanding credit stood at £58.31 billions as at 31st December 2013, an increase of 1.64% or £0.94 billions compares to £57.37 billions in the same period in 2012, showing that cardholders are slow(with 13.41% increase in balance transfers transaction value) in paying off their card spending compares to previous year with 61.1% of the balances bearing interest.

Total Card Transactions in Volume and Value
UK recorded 2,375 millions card transactions in 2013, an increase of 151 millions or 6.79% compares to 2,224 millions in 2012. The number of transactions can be further broken down as:-

  • 2,339 millions purchases transaction, an increase of 149 millions or 6.80% compares to 2,190 millions in 2012
  • 30.20 millions cash withdrawals transaction, an increase of 0.87 millions or 2.97% compares to 29.33 millions in 2012
  • 5.70 millions balance transfers transaction, an increase of 0.56 millions or 10.89% compares to 5.14 millions in 2012

The total card transactions for 2013 is £155.35 billions in value, an increase of £4.94 billions or 3.28% compares to £150.41 billions in 2012. The figure can be further broken down as:-

  • £139.15 billions purchases transaction, an increase of £3.41 billions or 2.51% compares to £135.74 billions in 2012
  • £3.85 billions cash withdrawals transaction, an increase of £0.07 billions or 1.85% compares to £3.78 billions in 2012
  • £12.35 billions balance transfers transaction, an increase of £1.46 billions or 13.41% compares to £10.89 billions in 2012

Card Fraud in United Kingdom
Card Fraud in UK amounted to £450.4m in 2013, an increase of £62.1m or 15.99% compares to £388.3m in 2012. 72.91% or £328.4m of card fraud is committed in UK(an increase of £41.7m or 14.54% compares to £286.7m in 2012), while £122.0m or 27.09% is committed abroad(an increase of £20.7m or 20.43% compares to £101.3m in 2012).
The £450.4m card fraud losses can be further broken down as:-

  • £301.1m for phone, internet and mail order fraud (Card-not-present fraud), an increase of £55.1m or 22.40% compares to £246.0m 2012.
    Out of the £301.1m, 63.14% or £190.1m is for e-commerce, an increase of of £49.9m or 35.59% compares to £140.2m 2012.
  • £43.4m for counterfeit (skimmed/cloned) fraud, an increase of £1.3m or 3.09% compares to £42.1m 2012.
  • £58.9m for fraud on lost or stolen cards, an increase of £3.7m or 6.70% compares to £55.2m 2012.
  • £36.7m for card ID theft, an increase of £4.5m or 13.98% compares to £32.2m 2012.
  • £10.4m for mail non-receipt, a decrease of £2.4m or 18.75% compares to £12.8m 2012.

Within the £450.4m card fraud losses, £60.8m is for UK retail face-to-face transactions(an increase of £6.2m or 11.36% compares to £54.6m in 2012), and £31.9m for UK cash machine fraud(an increase of £3m or 10.38% compares to £28.9m in 2012).


Monthly Statistics 2013

As at 31st January 2013, the outstanding credit card balances stood at £56.251 billions, an increase of £1.116 billions or 1.95% compares to £57.367 billions at the end of December 2012. There are 58.821 millions credit cards(49.385 million accounts) at the end of January 2013, a decrease of 125,000 or 0.21% compares to 58.946 millions at the end of December 2012. The total card spending for January 2013 is £10.870 billions, generated from 174.075 millions of transactions(average £62 per transaction). £297 millions is recorded for cash withdrawals, generated from 2.332 millions transactions(average £127 per transaction).

As at 28th February 2013, the outstanding credit card balances stood at £56.322 billions, an increase of £71 millions or 0.13% compares to £56.251 billions at the end of January 2013. There are 58.490 millions credit cards(49.164 million accounts) at the end of February 2013, a decrease of 331,000 or 0.56% compares to 58.821 millions at the end of January 2013. The total card spending for February 2013 is £10.181 billions, generated from 165.698 millions of transactions(average £61 per transaction). £280 millions is recorded for cash withdrawals, generated from 2.224 millions transactions(average £126 per transaction).

As at 31st March 2013, the outstanding credit card balances stood at £55.972 billions, a decrease of £350 millions or 0.62% compares to £56.322 billions at the end of February 2013. There are 58.531 millions credit cards(49.183 million accounts) at the end of March 2013, an increase of 41,000 or 0.07% compares to 58.490 millions at the end of February 2013. The total card spending for March 2013 is £10.923 billions, generated from 176.792 millions of transactions(average £62 per transaction). £292 millions is recorded for cash withdrawals, generated from 2.297 millions transactions(average £127 per transaction).

As at 30th April 2013, the outstanding credit card balances stood at £56.210 billions, an increase of £238 millions or 0.43% compares to £55.972 billions at the end of March 2013. There are 57.693 millions credit cards(49.150 million accounts) at the end of April 2013, a decrease of 838,000 or 1.43% compares to 58.531 millions at the end of March 2013. The total card spending for April 2013 is £11.642 billions, generated from 191.650 millions of transactions(average £61 per transaction). £328 millions is recorded for cash withdrawals, generated from 2.678 millions transactions(average £122 per transaction).

As at 31st May 2013, the outstanding credit card balances stood at £56.458 billions, an increase of £248 millions or 0.44% compares to £56.210 billions at the end of April 2013. There are 57.905 millions credit cards(49.179 million accounts) at the end of May 2013, an increase of 212,000 or 0.37% compares to 57.693 millions at the end of April 2013. The total card spending for May 2013 is £11.772 billions, generated from 193.142 millions of transactions(average £61 per transaction). £330 millions is recorded for cash withdrawals, generated from 2.534 millions transactions(average £130 per transaction).

As at 30th June 2013, the outstanding credit card balances stood at £56.873 billions, an increase of £415 millions or 0.74% compares to £56.458 billions at the end of May 2013. There are 57.874 millions credit cards(49.255 million accounts) at the end of June 2013, a decrease of 31,000 or 0.05% compares to 57.905 millions at the end of May 2013. The total card spending for June 2013 is £10.951 billions, generated from 182.387 millions of transactions(average £60 per transaction). £310 millions is recorded for cash withdrawals, generated from 2.397 millions transactions(average £129 per transaction).

As at 31st July 2013, the outstanding credit card balances stood at £56.728 billions, a decrease of £145 millions or 0.25% compares to £56.873 billions at the end of June 2013. There are 57.958 millions credit cards(49.387 million accounts) at the end of July 2013, an increase of 84,000 or 0.15% compares to 57.874 millions at the end of June 2013. The total card spending for July 2013 is £12.431 billions, generated from 210.362 millions of transactions(average £59 per transaction). £375 millions is recorded for cash withdrawals, generated from 2.803 millions transactions(average £134 per transaction).

As at 31st August 2013, the outstanding credit card balances stood at £56.672 billions, a decrease of £56 millions or 0.10% compares to £56.728 billions at the end of July 2013. There are 57.980 millions credit cards(49.496 million accounts) at the end of August 2013, an increase of 22,000 or 0.04% compares to 57.958 millions at the end of July 2013. The total card spending for August 2013 is £11.559 billions, generated from 196.914 millions of transactions(average £59 per transaction). £367 millions is recorded for cash withdrawals, generated from 2.751 millions transactions(average £133 per transaction).

As at 30th September 2013, the outstanding credit card balances stood at £57.008 billions, an increase of £336 millions or 0.59% compares to £56.672 billions at the end of August 2013. There are 58.057 millions credit cards(49.596 million accounts) at the end of September 2013, an increase of 77,000 or 0.13% compares to 57.980 millions at the end of August 2013. The total card spending for September 2013 is £11.770 billions, generated from 196.293 millions of transactions(average £60 per transaction). £343 millions is recorded for cash withdrawals, generated from 2.655 millions transactions(average £129 per transaction).

As at 31st October 2013, the outstanding credit card balances stood at £56.963 billions, a decrease of £45 millions or 0.08% compares to £57.008 billions at the end of September 2013. There are 58.120 millions credit cards(49.721 million accounts) at the end of October 2013, an increase of 63,000 or 0.11% compares to 58.057 millions at the end of September 2013. The total card spending for October 2013 is £11.902 billions, generated from 200.941 millions of transactions(average £59 per transaction). £323 millions is recorded for cash withdrawals, generated from 2.610 millions transactions(average £124 per transaction).

As at 30th November 2013, the outstanding credit card balances stood at £57.701 billions, an increase of £738 millions or 1.30% compares to £56.963 billions at the end of October 2013. There are 58.070 millions credit cards(49.735 million accounts) at the end of November 2013, a decrease of 50,000 or 0.09% compares to 58.120 millions at the end of Ocotber 2013. The total card spending for November 2013 is £12.015 billions, generated from 209.498 millions of transactions(average £57 per transaction). £287 millions is recorded for cash withdrawals, generated from 2.400 millions transactions(average £120 per transaction).

As at 31st December 2013, the outstanding credit card balances stood at £58.311 billions, an increase of £610 millions or 1.06% compares to £57.701 billions at the end of November 2013. There are 58.038 millions credit cards(49.758 million accounts) at the end of December 2013, a decrease of 32,000 or 0.06% compares to 58.070 millions at the end of November 2013. The total card spending for December 2013 is £13.133 billions, generated from 241.685 millions of transactions(average £54 per transaction). £313 millions is recorded for cash withdrawals, generated from 2.522 millions transactions(average £124 per transaction).


Credit Cards in United Kingdom 2011-2012

The number of credit cards in UK increase marginally for the first time after steady decilne since 2009. As at 31st December 2012, there are 58,946,000 credit cards(49.54mn accounts) in UK, an increase of 262,000 or 0.45% compares to 58,684,000 cards(49.22mn accounts) in the same period a year ago. And the outstanding credit stood at £57.37 billions as at 31st December 2012, a decrease of 1.73% or £1.01 billions compares to £58.38 billions in the same period in 2011, showing that cardholders are consistently paying off their card spending with 65.4% of the balances bearing interest.

Total Card Transactions in Volume and Value
UK recorded 2,224 millions card transactions in 2012, an increase of 108 millions or 5.10% compares to 2,116 millions in 2011. The number of transactions can be further broken down as:-

  • 2,190 millions purchases transaction, an increase of 109 millions or 5.24% compares to 2,081 millions in 2011
  • 29.33 millions cash withdrawals transaction, a decrease of 0.24 millions or 0.81% compares to 29.57 millions in 2011
  • 5.14 millions balance transfers transaction, an increase of 0.02 millions or 0.39% compares to 5.12 millions in 2011

The total card transactions for 2012 is £150.41 billions in value, an increase of £2.39 billions or 1.61% compares to £148.02 billions in 2011. The figure can be further broken down as:-

  • £135.74 billions purchases transaction, an increase of £2.68 billions or 2.01% compares to £133.06 billions in 2011
  • £3.78 billions cash withdrawals transaction, a decrease of £0.18 billions or 4.55% compares to £3.96 billions in 2011
  • £10.89 billions balance transfers transaction, a decrease of £0.11 billions or 1.00% compares to £11.00 billions in 2011

Card Fraud in United Kingdom
Card Fraud in UK amounted to £388.3m in 2012, an increase of £47.3m or 13.87% compares to £341.0m in 2011. 73.91% or £287.0m of card fraud is committed in UK(an increase of £26m or 9.96% compares to £261.0m in 2011), while £101.3m or 26.11% is committed abroad(an increase of £21.3m or 26.63% compares to £80.0m in 2011).
The £388.3m card fraud losses can be further broken down as:-

  • £246.0m for phone, internet and mail order fraud (Card-not-present fraud), an increase of £25.1m or 11.36% compares to £220.9m 2011.
    Out of the £246.0m, 56.99% or £140.2m is for e-commerce, an increase of of £0.6m or 0.43% compares to £139.6m 2011.
  • £42.1m for counterfeit (skimmed/cloned) fraud, an increase of £6.0m or 16.62% compares to £36.1m 2011.
  • £55.2m for fraud on lost or stolen cards, an increase of £5.1m or 10.18% compares to £50.1m 2011.
  • £32.2m for card ID theft, an increase of £9.7m or 43.11% compares to £22.5m 2011.
  • £12.8m for mail non-receipt, an increase of £1.5m or 13.27% compares to £11.3m 2011.

Within the £388.3m card fraud losses, £54.6m is for UK retail face-to-face transactions(an increase of £11.4m or 26.39% compares to £43.2m in 2011), and £28.9m for UK cash machine fraud(a decrease of £0.4m or 1.37% compares to £29.3m in 2011).


Credit Cards in United Kingdom 2010-2011

The number of credit cards in UK continues to slide. As at 31st December 2011, there are 58,684,000 credit cards(49.22mn accounts) in UK, a decrease of 830,000 or 1.39% compares to 59,514,000 cards(50.08mn accounts) in the same period a year ago. And the outstanding credit stood at £58.38 billions as at 31st December 2011, a decrease of 6.47% or £4.04 billions compares to £62.42 billions in the same period in 2010, showing that cardholders are consistently paying off their card spending with 66.1% of the balances bearing interest.

Total Card Payments in Volume and Value
UK recorded 2,116 millions card transactions in 2011, an increase of 87 millions or 4.29% compares to 2,029 millions in 2010. The number of transactions can be further broken down as:-

  • 2,081 millions purchases transaction, an increase of 88 millions or 4.42% compares to 1,993 millions in 2010
  • 29.57 millions cash withdrawals transaction, a decrease of 1.09 millions or 3.56% compares to 30.66 millions in 2010
  • 5.12 millions balance transfers transaction, a decrease of 0.01 millions or 0.19% compares to 5.13 millions in 2010

The total card transactions for 2011 is £148.02 billions in value, an increase of £3.60 billions or 2.49% compares to £144.42 billions in 2010. The figure can be further broken down as:-

  • £133.06 billions purchases transaction, an increase of £3.71 billions or 2.87% compares to £129.35 billions in 2010
  • £3.96 billions cash withdrawals transaction, a decrease of £0.43 billions or 9.79% compares to £4.39 billions in 2010
  • £11.00 billions balance transfers transaction, an increase of £0.32 billions or 3.00% compares to £10.68 billions in 2010

Card Fraud in United Kingdom
Card Fraud in UK amounted to £341.0m in 2011, a decrease of £24.4m or 6.68% compares to £365.4m in 2010. 76.54% or £261.0m of card fraud is committed in UK(a decrease of £10.5m or 3.87% compares to £271.5m in 2010), while £80.0m or 23.46% is committed abroad(a decrease of £13.9m or 14.80% compares to £93.9m in 2010).
The £341.0m card fraud losses can be further broken down as:-

  • £220.9m for phone, internet and mail order fraud (Card-not-present fraud), a decrease of £6.9m or 3.04% compares to £226.9m 2010.
    Out of the £220.9m, 63.20% or £139.6m is for e-commerce, an increase of of £4.5m or 3.33% compares to £135.1m 2010.
  • £36.1m for counterfeit (skimmed/cloned) fraud, a decrease of £11.5m or 24.16% compares to £47.6m 2010.
  • £50.1m for fraud on lost or stolen cards, an increase of £5.7m or 12.84% compares to £44.4m 2010.
  • £22.5m for card ID theft, a decrease of £15.6m or 40.94% compares to £38.1m 2010.
  • £11.3m for mail non-receipt, an increase of £2.9m or 34.52% compares to £8.4m 2010.

Within the £341.0m card fraud losses, £43.2m is for UK retail face-to-face transactions(a decrease of £24.2m or 35.91% compares to £67.4m in 2010), and £29.3m for UK cash machine fraud(a decrease of £3.9m or 11.75% compares to £33.2m in 2010).
The £261.0m of card fraud losses commited in UK can be further dissected regionally. More than half of the card fraud losses, 57.43% or £149.9m commited in the South East of UK, a decrease of £6.7m or 4.28% compares to £156.6m in 2010. North West has the second highest card fraud with £21.1m losses, a decrease of £2.4m or 10.21% compares to £23.5m in 2010. East Midlands came in third with £16.6m losses, followed by West Midlands with £14.2m losses and Yorks & Humberside with £12.2m losses. Wheeras North East has the lowest card fraud with £4.8m losses, followed by Northern Ireland with £6.3m losses, Wales with £7.6m losses and East Anglia with £8.1m losses.


Credit Cards in United Kingdom 2009-2010

The number of credit cards in UK continues to slide. As at 31st December 2010, there are 59,514,000 credit cards in UK, a decrease of 2,477,000 or 4% compares to 61,991,000 in the same period a year ago. And the outstanding credit stood at £62.42 billions as at 31st December 2010, a decrease of 3.18% or £2.05 billions compares to £64.47 billions in the same period in 2009. This is inline with cardholders change of habit by using cards for payment rather than borrowing, with 30 per cent of spending incurring no interest and one-third of accounts carrying no balance.

Total Card Payments in Volume and Value
UK recorded 2,029 millions card transactions in 2010, an increase of 24 millions or 1.2% compares to 2,005 millions in 2009. The number of transactions can be further broken down as:-

  • 1,993 millions purchases transaction, an increase of 31 millions or 1.58% compares to 1,962 millions in 2009
  • 30.66 millions cash withdrawals transaction, a decrease of 6.61 millions or 17.74% compares to 37.27 millions in 2009
  • 5.13 millions balance transfers transaction, a decrease of 0.19 millions or 3.57% compares to 5.32 millions in 2009

The total card transactions for 2010 is £144.42 billions in value, an increase of £1.61 billions or 1.13% compares to £142.81 billions in 2009. The figure can be further broken down as:-

  • £129.35 billions purchases transaction, an increase of £3.34 billions or 2.65% compares to £126.01 billions in 2009
  • £4.39 billions cash withdrawals transaction, a decrease of £1.62 billions or 26.96% compares to £6.01 billions in 2009
  • £10.68 billions balance transfers transaction, a decrease of £0.11 billions or 1.02% compares to £10.79 billions in 2009

Note: Data showing the split between Mastercard and Visa are no longer available, due to certain institutions moving existing credit card accounts from Visa or Mastercard to Amex branding.

Card Fraud in United Kingdom
Card Fraud in UK amounted to £365.4m in 2010(lowest level since 2000), a decrease of £74.6m or 16.95% compares to £440.0m in 2009. The card fraud has been rapidly reduced by 40.09% in two years period, down from all-time high of £610m in 2008. 74.3% or £271.5m of card fraud is committed in UK(a decrease of £45.9m or 14.46% compares to £317.4m in 2009), while £93.9m or 25.7% is committed abroad(a decrease of £28.7m or 23.41% compares to £122.6m in 2009). The £93.9m card fraud losses abroad has reduced significantly by £136.2m or 59.19%, compares to £230.1m losses in 2008.
The £365.4m card fraud losses can be further broken down as:-

  • £226.9m for phone, internet and mail order fraud (Card-not-present fraud), a decrease of £39.5m or 14.83% compares to £266.4m 2009.
    Out of the £226.9m, 59.54% or £135.1m is for e-commerce, a decrease of of £18.1m or 11.81% compares to £153.2m 2009.
  • £47.6m for counterfeit (skimmed/cloned) fraud, a decrease of £33.3m or 41.16% compares to £80.9m 2009.
  • £44.4m for fraud on lost or stolen cards, a decrease of £3.3m or 6.92% compares to £47.7m 2009.
  • £38.1m for card ID theft, a decrease of £0.1m or 0.26% compares to £38.2m 2009.
  • £8.4m for mail non-receipt, an increase of £1.5m or 21.74% compares to £6.9m 2009.

Within the £365.4m card fraud losses, £67.4m is for UK retail face-to-face transactions(a decrease of £4.4m or 6.13% compares to £71.8m in 2009), and £33.2m for UK cash machine fraud(a decrease of £3.5m or 9.54% compares to £36.7m in 2009).
The £271.5m of card fraud losses commited in UK can be further dissected regionally. More than half of the card fraud losses, 57.68% or £156.6m commited in the South East of UK, a decrease of £11.2m or 6.67% compares to £167.8m in 2009. North West has the second highest card fraud with £23.5m losses, a decrease of £15.5m or 39.74% compares to £39.0m in 2009. West Midlands came in third with £16.5m losses, followed by Yorks & Humberside with £15.4m losses and East Midlands with £13.6m losses. Wheeras North Ireland has the lowest card fraud with £0.83m losses, followed by East Anglia with £5.4m losses, North East with £7.8m losses and Wales with £7.8m losses.


Credit Cards in United Kingdom 2008-2009

The number of credit cards in UK continues to slide from 67,413,000 as at 31st December 2008 to 60,396,000 as at 31st December 2009. The decrease of 7,017,000 or 10.41% is expected due to financial crisis worldwide. During the period, prudent approach is taken by credit card issuers for issuances of new credit card with some old accounts are being closed in the same time. Nonetheless, UK still has the highest number of credit cards issued in Europe.
Of all the cards issued, 21,699,000 is for Visa Card(a significant decrease of 5,437,000 or 20.06% compares to 27,106,000 a year ago), while 38,727,000 is for MasterCard(a decrease of 1,579,000 or 3.92% compares to 40,306,000 a year ago). Outstanding credit stood at £64.47 billions as at 31st December 2009, a decrease of 2.73% or £1.81 billions compares to £66.28 billions in the same period in 2008.

Total Card Payments in Volume and Value
UK recorded 1,952 millions card transactions in 2009, a decrease of 42 millions or 2.1% compares to 1,994 millions in 2008. The number of transactions can be further broken down as 1,911 millions(635mn Visa, 1,276mn MasterCard) for purchases, 36.24 millions(14.3mn Visa, 21.94mn MasterCard) for cash withdrawals and 5.21 millions(1.82mn Visa, 3.39mn MasterCard) for balance transfers.
Out of these transactions, 651 millions or 33.35% is using Visa, a decrease of 113 millions or 14.79% compares to 764 millions in 2008; which is in tandem with the decrease in number of Visa card. Whereas 1,301 millions is using MasterCard, an increase of 71 millions or 5.77% compares to 1,230 millions in 2008; which shows the decrease in the number of MasterCard does not impact its number of transactions. In conclusion, the MasterCard brand is the clear winner over Visa brand in UK for 2009.

The total card transactions for 2009 is £139.52 billions in value, a decrease of £10.35 billions or 6.91% compares to £149.87 billions in 2008, which is inline with the decrease in number of credit cards issued. The figure can be further broken down as £123.10 billions(£44.62bn Visa, £78.48bn MasterCard) for purchases, £5.82 billions(£2.4bn Visa, £3.42bn MasterCard) for cash withdrawals and £10.59 billions(£3.64bn Visa, £6.95bn MasterCard) for balance transfers.
Out of these transactions, £50.67 billions or 36.33% is using Visa, a decrease of £10.03 billions or 16.52% compares to £60.7 billions in 2008; which is in tandem with the decrease in number of Visa card. Whereas £88.85 billions is using MasterCard, an decrease of £0.32 billions or 0.36% compares to £89.17 billions in 2008; which shows the decrease in the number of MasterCard does not have a big impact its total transactions value.


Credit Cards in United Kingdom 2007-2008

As of 2008, UK has a population of 61.35 millions with a GDP(gross domestic product) of €1,816.09 billions. This translates into €29.60 thousands of GDP per capita. UK contributes 14.51% of the EU total GDP, third behind Germany and France. There is a significant drop of 11.16% or €228.04 billions in GDP for UK compares to 2007.

As at 31st December 2008, there are 148,869,000 payment cards issued in UK(2.44 cards per capita), making UK the Europe leader in number of cards issued in the country per capita. This is an increase of 4,204,000 payment cards issued or 2.91% compares to 144,665,000 in 2007.

There are 66,163,000 credit cards in UK as at 31st December 2008, a decrease of 1,148,000 or 1.71% compares to 67,311,000 in 2007. UK has the highest number of credit cards issued in Europe followed by France(with 50% lesser cards). In the same period, there are 4,095,000 cards with a credit and/or delayed debit function in UK, a significant increase of 727,000 or 21.59% compares to 3,368,000 in 2007. Debit cards increase by 4,625,000 or 6.25% to 78,610,000 in 2008, compares to 73,985,000 in 2007. UK is the second highest country in Europe when it comes to debit cards issued, behind the leader Germany.

Total Card Payments in Volume and Value
For 2008, UK recorded the highest card payment transactions in Europe with 7,595.00 millions transactions(124.45 transactions per capita), an increase of 395 millions or 5.49% compares to 7,200.00 millions in 2007. Out of these transactions, 1,791.00 millions or 23.58% is paid by credit cards, a decrease of 15.00 millions or 0.83% compares to 1,806.00 millions in 2007; which is in tandem with the decrease in number of credit cards. Whereas 179.00 millions is paid by cards with a credit and/or delayed debit function, an increase of 48.00 millions or 36.64% compares to 131.00 millions in 2007; which reflects the impact of 21.59% increase in number of cards. The rest of card payment transactions(5,625.00 millions) are paid by debit cards, an increase of 362.00 millions or 6.88% compares to 5,263 millions in 2007. UK total card payment transactions volume contributes 25.78% to the EU total number of transactions, which also happened to be the top contributor.

The total card payments for 2008 is €511.99 billions in value(€8.39 thousands per capita - second highest in Europe), although there is a decrease of €21.86 billions or 3.95% compares to €553.85 billions in 2007, UK card payments value is still ranked top in Europe. This also translates into €67.4 per card payment transaction, decrease from €76.9 in 2007; which shown payment cards are used for increasingly smaller amounts. Out of these transactions, €143.36 billions or 28.00% is paid by credit cards, a decrease of €22.32 billions or 13.47% compares to €165.68 billions in 2007 due to drop in number of credit cards. Whereas €26.09 billions or 5.10% is paid by cards with a credit and/or delayed debit function, an increase of €4.20 billions or 19.19% compares to €21.89 billions in 2007; which is in tandem with the increase of cards with a credit and/or delayed debit function. The rest of card payments, €342.53 billions in value is paid by debit cards, a decrease of €23.74 billions or 6.48% compares to €366.27 billions in 2007. UK total card payment value contributes 30.47% to the EU total transactions value, the highest in Europe.

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