522210 Credit Card Issuing

Official definition

This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry.

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Factoring accounts receivables are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation.
• Issuing cards that contain a stored pre-paid value are classified with the industry providing the service represented by the cards, such as transit fare cards in Subsector 482, Rail Transportation, and long-distance telephone cards in Subsector 517, Telecommunications.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 522210

The Census index assigns these 5 activities to this code. If your business matches one, this is your code.

• Banks, credit card
• Charge card issuing
• Credit card banks
• Credit card issuing
• Issuing, credit card

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 522210

To count as a small business for SBA loans and federal contracts under NAICS 522210, your business (including affiliates) must not exceed $850 million in average annual receipts. Check your business.

SBA footnote 8: NAICS Codes 522110, 522130, 522180, and 522210 – A financial institution's assets are determined by averaging the assets reported on its four quarterly financial statements for the preceding year. "Assets" means the assets defined according to the Federal Financial Institutions Examination Council 041 call report form for NAICS Codes 522110, 522180, and 522210 and the National Credit Union Administration 5300 call report form for NAICS code 522130.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6492), so treat them as a starting point and check the definition.

• 64921Credit granting by non-deposit taking finance houses and other specialist consumer credit grantorsUK SIC
• 64922Activities of mortgage finance companiesUK SIC
• 64929Other credit granting n.e.c.UK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 522220Sales Financing