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Report Overview

The global travel card market size is assessed to grow at a CAGR of 6.50% between 2026 and 2035. The market is being supported by the growing trend of international travel and the increasing awareness regarding the benefits of travel cards.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

6.5%

2026-2035


*this image is indicative*

Key Trends in the Market

Travel card refers to a type of card that is specifically designed for travellers. It offers several travel-related benefits and perks like air mile earnings and complimentary access to lounges, hotels, and restaurants. It is universally accepted and provides a secure and convenient alternative to carrying foreign currency.

  • Some of the key travel card market trends include growing cross-border travel and rising customer spending on travel. Tourists prefer travel cards that can offer travel-related benefits, provide enhanced safety and convenience, and eliminate transaction fees, among others.
  • With rapid digital transformation in the tourism sector, virtual travel cards are increasingly used to centralise travel payments, optimise travel programmes, and gain travel data. Such cards are also simple to integrate, offer enhanced security, facilitate customers to customise payment dates, and provide enhanced control and payment.
  • The travel card market growth can be attributed to the rising use of the product by corporates. Businesses increasingly use travel cards to simplify their expense management, prevent the risk of expense fraud or misuse, and offer attractive rewards to employees.

Market Segmentation

"Global Travel Card Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Breakup by Type

  • Prepaid Card
  • Credit Card

Breakup by Currency Type

  • One Currency Card
  • Multiple Currency Card

Breakup by Application

  • Transaction
  • Communication
  • Security And Access Control
  • Others

Breakup by Industry Vertical

  • Corporate/Organisation
  • Retail
  • Government
  • Others

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Share by Type

As per the travel card market analysis, travel credit cards are witnessing substantial popularity as they provide various benefits such as lounge access and welcome packages to meet the requirements of frequent travellers. They also offer loyalty points and provide complimentary travel insurance. With the increasing international travel, the demand for travel credit cards in the coming years is likely to surge as they do not require transaction fees and eliminate the hassle of carrying cash.

Market Share by Region

North America accounts for a significant travel card market share due to the presence of leading providers like Citigroup and Bank of America Corporation in the region. There is a growing awareness regarding the benefits and additional perks provided by travel cards, especially among the young population. Providers in countries like Canada and the United States also extensively partner with various airlines, hotels, and restaurants to provide various travel benefits and premium rewards to cardholders.

Meanwhile, the Asia Pacific is anticipated to experience significant growth in the coming years amid rising disposable incomes and the growing tourism sector.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global travel card market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

American Express Company

American Express Company, established in 1850, is a prominent travel and financial service provider. It is headquartered in New York, the United States, and its products are used by small businesses, large corporations, and mid-sized corporations.

Citigroup Inc.

Citigroup Inc. is a leading banking partner and one of the largest wealth management companies, headquartered in the United States. With a presence in more than 160 countries, the company’s products are used by investors, individuals, corporations, and governments, among others.

Capital One Group

Capital One Group is a major strategic marketing communication consultation agency that offers high-quality, customisable, and affordable communication services. Some other services offered by the company include social media marketing, creative design, public relations, and integrated marketing communication, among others.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other travel card market players include Bank Of America Corporation, JPMorgan Chase & Co., HSBC Holdings plc, Caxton Payments Limited, Revolut Ltd., Monese Credit Limited, and Wise Payments Limited, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 6.50% between 2026 and 2035.

The market is being driven by the increasing international travel and the rising awareness regarding the benefits of travel cards.

The key trends aiding the market growth are the increasing partnerships between travel card providers and airlines, the rising usage of virtual travel cards, and the increasing adoption of travel cards by corporates.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of travel card in the market are prepaid card and credit card.

The significant applications of the product are transaction, communication, and security and access control, among others.

The various industry verticals considered in the market report are government, corporate/organisation, and retail, among others.

The major players in the market are American Express Company, Bank Of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Capital One Group, HSBC Holdings plc, Caxton Payments Limited, Revolut Ltd., Monese Credit Limited, and Wise Payments Limited, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Currency Type
  • Application
  • Industry Vertical
  • Region
Breakup by Type
  • Prepaid Card
  • Credit Card
Breakup by Currency Type
  • One Currency Card
  • Multiple Currency Card
Breakup by Application
  • Transaction
  • Communication
  • Security And Access Control
  • Others
Breakup by Industry Vertical
  • Corporate/Organisation
  • Retail
  • Government
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • American Express Company
  • Bank Of America Corporation
  • Citigroup Inc.
  • JPMorgan Chase & Co.
  • Capital One Group
  • HSBC Holdings plc
  • Caxton Payments Limited
  • Revolut Ltd.
  • Monese Credit Limited
  • Wise Payments Limited
  • Others

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