What yield does your bank make on credit cards?


The chart below lists 500 U.S. banks that collected interest on consumer credit cards in 2013, and their yields on card loans. The yield is a way of measuring how lucrative the credit card business is for the bank. A high yield for a bank is a strong indication that costs are high for its average cardholder.

A bank may be known by a different name than the formal ones that appear in the chart. For example, Bank of America's card business is FIA Card Services, National Association. BB&T appears in the chart under its formal name, Branch Banking and Trust Co. The formal name of M&T Bank in Buffalo, New York, is Manufacturers & Traders Trust Co. To search the chart, open the browser's search window by typing control-F. 

Some card issuers have more than one bank unit. American Express, Capital One, Wells Fargo, Chase Bank, Comenity and USAA are among the major issuers that have multiple bank units with similar names. To determine which bank unit is behind your card, check your card agreement for the formal name and location of the issuer.

How to read this chart
The "yield on card loans" column calculates the interest and fees the bank collected on credit cards in 2013, per $1 of card loans. (Annual fees are not included.) For example, the 22.9 percent yield at 1st Financial Bank USA in Dakota Dunes, South Dakota, means it collected 22.9 cents for each dollar it made in card loans in 2013.

The "yield after losses" column deducts losses due to unpaid balances from the yield on card loans. If the bank recovered losses from past years, these recoveries offset losses in 2013.

Smaller banks are not required to report their losses on card loans. Banks that report no losses have a yield on card loans equal to their yield after losses.

Banks that have losses greater than their interest income have a negative number in the "yield after losses" column. A few banks managed to recover more on past losses than they lost in 2013. These banks have higher yields after losses than their overall yield on card loans.

See main story: Banks that make the most money on credit card holders

Published: December 2, 2014

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Follow Us

Updated: 10-21-2016

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.