The survey conducted among 81 credit and debit card issuers in the Spanish market reveals a significant increase in the total number of cards, totaling almost 440,000 cards added when comparing December 2022 to December 2021. Banking entities amassed a total of 43.5 million cards, Cajas accounted for 39.5 million, and Credit Cooperatives nearly 5 million cards.
Number of Credit & Debit Cards in Spain (Banks)
Examining the competitors that experienced the most substantial growth in market share over the past year, SANTANDER secured the top position among banks, registering a 0.89% increase in market share points. Following closely were SABADELL, OPENBANK, ING, and N26, all showcasing remarkable performances.
Number of Credit & Debit Cards in Spain (Cajas)
In the realm of Cajas, IBERCAJA emerged as the entity with the most significant uptick in market share concerning the number of cards, marking an increase of 0.18% points. ABANCA, UNICAJA, KUTXABANK, and CAJASUR trailed closely behind.
Number of Credit & Debit Cards in Spain (Credit Cooperatives)
Similarly, within the Credit Cooperatives category, CAJA DE ASTURIAS claimed the top spot for the entity with the most considerable growth in market share, boasting an increase of 1.56% points. The five entities with the most commendable year-on-year performances include CAJA RURAL DEL SUR, CAJA SAN JOSE DE ALMASSORA, CAJASIETE, and CAJA DE EXTREMADURA.
