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The World’s Top 10 Credit Card Issuers based on year-end 2009 data are listed below:

1. Bank of America (NYSE:BAC)

2. Chase (NYSE:JPM) - Had 119.4 million cards in circulation in the US.

3. Citibank (NYSE:C) - Had 92 million cards in circulation in the US

4. American Express (NYSE:AXP)

5. Capital One (NYSE:COF) - Holds 6.95% of the US credit card market

6. HSBC (HBC) -Is the sixth largest issuer worldwide and holds just 2.05% of the US market

7. Discover (NYSE:DFS) - Had 54.4 million cards in circulation

8. Wells Fargo (NYSE:WFC) - Had 17.3 million cards in circulation

9. Barclays (NYSE:BCS)

10. Llyods Group (NYSE:LYG)

Source: CreditCards.com and Nilson Report, via CNBC

Except for HSBC, Barclays and Llyods, the rest of them are US-based issuers. While the US credit card issuers enjoyed great growth rates in the pre-credit crisis period, it remains to be seen how they would fare in the “new normal.”

Source: World's Top 10 Credit Card Issuers