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Credit Card Spending

BUY NOW: Paying with Plastic = 50 MILLION CARDS ISSUED AMERICAN EXPRESS 50.6 MILLION MasterCard 176 MILLION CREDIT 3.5 Average number of credit cards held by cardholders MasterCard DEBIT 129 MILLION VISA 261 MILLION CREDIT VISA 392 MILLION DEBIT DISCOVER 54.4 MILLION Jackson (Mississippi) uses the highest percentage of their credit limit Lincoln (Nebraska) uses the lowest percentage of their credit limit PAYPAL USERS NON-PAYPAL USERS 88% 74% UNDER THE AGE OF 55 WITH INCOME OF $75,000 OR MORE 16% 12% 15% 11% FINISHED GRADUATE $315.3 million $1 billion 341,497 Number of internet sites Annual amount of pay- ments made by PayPal mobile phone users that use PayPal Total amount of PayPal payments made everyday Total percentage of 18% Percent of PayPal payments that are used for travel 87% E-commerce that is represented by PayPal J.D. POWER AND ASSOCIATES 2010 CREDIT CARD SATISFACTION RATINGS 1 American Express 6 Barclaycard Discover 7 Bank of America 3 US Bank 8 Capital One 4 Wells Fargo Citi 5 Chase 10 HSBC PEOPLE MORE LIKELY TO DISCUSS THAN ARE 4% THEIR SALARY 9% RENT/ MORTGAGE CREDIT HEALTH 19% CARD PROBLEMS 31% WEIGHT DEBT DEMOGRAPHICS AFRICAN AMERICANS ASIAN AMERICANS HISPANICS Percentage that reported having at least 2 credit cards 35% 66% 44% Percentage that reported not having any credit cards 49% 19% 42% E-COMMERCE HOW PEOPLE PAY ONLINE 43.5% CREDIT CARD 10.7% PREPAID/GIFT CARDS 1% STORE CREDITS 25.6% DEBIT CARD 19.2% PAYPAL/ GOOGLE CHECKOUT 78% BY 2014 of US adults shop online 63% Mean amount of annual online purchases: of US adults shop online EXPECTING $2849 in 2014 Total ecommerce sales: WORLDWIDE USA $1 TRILLION $224.2 BILLION SOURCES WebpageFX creditcards.com American Express MasterCard rsa.com internetretailer.com Visa

Credit Card Spending

shared by WebpageFX on Oct 10
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Credit card spending is on the rise while the average person carries 3-4 actual credit cards in their purse/wallet. Ecommerce is growing as well since the projected spending for 2014 is supposedly $1 ...

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Economy
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