Corserv’s Client Portfolio Performance
Banks achieve very profitable credit card programs with Corserv. In 2017, the aggregate credit card accounts issued by our Account Issuer (AI) bank clients with Corserv achieved an average 5.1% net operating margin. Business accounts provided 50% of the accounts and over 85% of the net operating margin for our clients.
The table below summarizes the performance of Corserv AI bank client’s credit card portfolios in 2017.