By far, it’s Bank of America’s subsidiary, FIA Card Services, that has the greatest number of agreements in place. As the Fed’s report points out, at the time of the survey, FIA had 848 credit card agreements, for which they paid colleges $55 million.
That’s 15 times as many agreements as the next runner-up: U.S. Bank National Association had 54 agreements in 2010, giving a comparatively paltry $1.8 million to colleges. Chase had 28 agreements, but spent far more on its marketing: $9.1 million.