Three million use credit cards ‘every day’
November 15, 2007 by admin
Filed under News, News-Credit-Cards
Three million people in the UK use their credit cards every single day, it was claimed this week. 
That amounts to nearly one in every ten of the UK’s 34 million credit card holders.
54 per cent were found to use their cards once a week, while 35 per cent use them once a month or less frequently.
The research was carried out by Abbey, itself a provider of credit cards.
Online shopping was found to be the most widespread use to which credit cards are put, with 20 million flexing their plastic over the internet.
Surprisingly, high street shopping proved to be less popular, with only 19 million spending on credit cards in real-world shops.
The research found that 57 per cent pay off their credit card bills every month in full, while only 3 per cent admit to having difficulties making regular payments.
Roger Lovering, managing director of Abbey Credit Cards, said: “There is no one way that people use their credit card and we see as many different spending patterns as there are people.”
