Visa and MasterCard’s combined 2014 U.S. corporate travel and entertainment purchase volume rose 8.5 percent year over year,

according to July’s Nilson Report, which measured Visa and MasterCard issuers of commercial card products and excluded American Express and Discover products. Visa reported $20.1 billion and MasterCard $18.5 billion. According to a June Nilson Report, Citibank was the top T&E card issuer with $12.8 billion representing 65.9 million transactions from its 2.5 million corporate cards. U.S. Bank followed with $6.1 billion and Bank of America Merrill Lynch with $5.9 billion.