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Credit Card Complexity

CREDIT CARD COMPLEXITY LOTS OF PEOPLE HAVE LOTS OF CARDS Average number of Visa, MasterCard, American Express and Discover cards each consumer has in his wallet 50 42 34 26 20 2 Number of Cards Per Person PEOPLE LOVE POINTS... AND CASH People's favorite credit card Cash Back Points No Favorite No Rewards Airline HotelGas MOST OF US ARE PRETTY FRUGAL Monthly new purchases on credit cards Less than $500 $500 - $999 $1000 1,499 $1,500 - 1,999 $2,000 - 2,999 $3,000 - 5,000 $5,000 or more IT CAN BE ROUGH OUT THERE 3% of us just use the card that isn't maxed out.yet PLEASE MAKE THIS SIMPLER I wish there was a better way to earn more rewards! wish there was a better way Nah, it's OK Simplify your wallet at today Source: Wallaby Financial, Inc. Online panel (n=300), June 2012 ©Wallaby Financial, Inc. wallaby FINANCIAL Millions of Consumers

Credit Card Complexity

shared by wallaby on Apr 16
How complicated are credit cards? Can you keep track of your rewards, balances and other preferences? You're not alone if you can't.


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