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Most Americans Embracing Credit Cards, Taking Advantage Of Rewards

All cost have to be with a credit score or debit card. No money will likely be accepted.

Whereas we’ve all heard the saying money is king, that’s not essentially true anymore. Actually, for most individuals as of late, it’s all concerning the bank card and the rewards they supply! I have to be higher about redeeming my rewards…

SWNS reported on a brand new SlickDeals survey and here’s what they discovered:

  • Most Individuals say they use their bank cards for the whole lot from groceries to holidays and extra.
  • The typical individual has three bank cards to their title.
  • 40% of individuals say they use their bank cards just a few occasions per week.
  • Among the many hottest makes use of of their bank cards:
    • On a regular basis bills (52%)
    • Journey (47%)
    • Restaurant eating (45%)
    • Holidays (43%)

After all, paying them off is an entire different subject, with solely 32% of individuals paying their bank cards off in full each month. One of many large causes of us embrace their bank cards is for the rewards they get in return.

  • People have really saved a median of $757 utilizing bank card rewards over the previous 12 months.
  • 55% of individuals say they’ve been capable of pay for a trip fully with bank card rewards.
  • 53% of individuals say they’ve skilled issues for the primary time due to bank card rewards, together with:
    • Fancy meals (54%)
    • Concert events (49%)
    • $100 reward playing cards (46%)

Supply: SWNS Digital

https://kiss951.com/2021/09/24/most-americans-embracing-credit-cards-taking-advantage-of-rewards/ | Most Individuals Embracing Credit score Playing cards, Taking Benefit Of Rewards

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