Market Share of Israel Credit Cards Industry
A mix of domestic and international players characterizes the competitive landscape in the credit card market in Israel. The market is highly competitive, with several financial institutions vying for market share and customer loyalty. Major banks in Israel, such as Bank Leumi, Bank Hapoalim, and Mizrahi-Tefahot Bank, have a significant presence in the credit card market. These banks offer their customers a range of credit cards, leveraging their established banking relationships and infrastructure to provide credit card services.
Competition in the credit card market revolves around factors such as interest rates, fees, rewards programs, customer service, security features, and innovative digital capabilities. Credit card providers continuously introduce new card offerings, promotional campaigns, and enhancements to attract and retain customers in this competitive landscape. Following is the list of companies providing Credit Card Services in Israel: Isracard, Leumi Bank, CAL (Israel Credit Cards Ltd.), American Express, and Israel Discount Bank.
Israel Credit Cards Market Leaders
Isracard
Leumi Bank
CAL (Israel Credit Cards Ltd.)
American Express
Israel Discount Bank
*Disclaimer: Major Players sorted in no particular order
