Polls are a Good Pulse of Things

theft protection image What kinds of a credit card person are you? Do you read the terms and service agreement? Do you take the time to read the offer you get? As a smart consumer, it is up to you to choose the credit card right for your specific needs. It is also a good idea to focus, first, on choosing a credit card not by what the lender promises through an introductory offer, but more about what the card can do for you, with the way you need to use it.

Sometimes it helps to see what others think. For many people, these polls on credit card usage can point to distinct patterns of use. For example, when you pull out a credit card to use it, do you think about the cost implications of doing so? Alternatively, do you just buy when you need to and worry about the aftermath later?

When it comes to selecting credit cards, these polls can help you to see what is important. Things like a great rewards program, low interest rates and an introductory offer all make some users turn their head towards one care over others. Before you decide to open a new line of credit, take the time to compare a few credit cards.

Do you have a mobile wallet preference?

Yes, Apple Pay

(14 votes)
13%

Yes, Google Wallet

(19 votes)
17%

Yes, Loop Pay

(8 votes)
7%

No, I'll stick with traditional credit cards for now.

(70 votes)
63%

Total Votes: 111

How do you plan to pay off holiday debt?

Cash/Debit-I save up for the holidays

(19 votes)
36%

I put items on lay-away

(3 votes)
6%

Credit card(s)

(9 votes)
17%

Small, personal loan(s)

(6 votes)
11%

Rewards points

(2 votes)
4%

None of these

(14 votes)
26%

Total Votes: 53

How will you pay for holiday expenses this year?

Cash/Debit-I save up for the holidays

(47 votes)
45%

I put items on lay-away

(8 votes)
8%

Credit card(s)

(35 votes)
33%

Small, personal loan(s)

(4 votes)
4%

Rewards points

(1 votes)
1%

None of these

(10 votes)
10%

Total Votes: 105

Your child is in college, how will you afford tuition?

They have student loans/FAFSA

(8 votes)
16%

They have scholarships and/or grants

(8 votes)
16%

Take out a loan

(10 votes)
20%

I have a 529 plan

(1 votes)
2%

I have a savings account

(8 votes)
16%

More than one answer applies

(14 votes)
29%

Total Votes: 49

Are you interested in a Pin-and-Chip credit card for added security?

Yes

(111 votes)
56%

No

(35 votes)
18%

Already have one

(24 votes)
12%

I'm indifferent

(28 votes)
14%

Total Votes: 198

How do you plan to pay off holiday debt?

Do a balance transfer to a 0% APR offer

(48 votes)
29%

Pay off high APR bills first

(25 votes)
15%

Pay off low APR bills first

(5 votes)
3%

Pay off highest balances first

(11 votes)
7%

Pay off lowest balances first

(8 votes)
5%

I don't have any debt from the holidays

(70 votes)
42%

Total Votes: 167

How will you pay for holiday shopping?

Cash/Debit-I save up for the holidays

(165 votes)
39%

I put items on lay-away

(34 votes)
8%

Credit card(s)

(155 votes)
37%

Small, personal loan(s)

(15 votes)
4%

Rewards points

(11 votes)
3%

None of these

(41 votes)
10%

Total Votes: 421

Do you have life insurance?

Yes

(77 votes)
49%

No, I'm single with no dependents

(26 votes)
16%

No- I can't afford it

(22 votes)
14%

No- I don't know what kind to get

(12 votes)
8%

No- I plan to soon

(8 votes)
5%

No- I don't think I need it

(13 votes)
8%

Total Votes: 158

Why do you think there's a lag in financial knowledge?

Lack of financial education in college

(23 votes)
6%

Lack of financial education in middle & high school

(206 votes)
54%

Lack of financial self-education

(98 votes)
26%

No lag, some people are just careless with their finances.

(53 votes)
14%

Total Votes: 380

Do you plan on getting a pre-paid or secured card for your child for better money management?

Yes

(57 votes)
47%

No

(55 votes)
45%

Already Have

(9 votes)
7%

Total Votes: 121

What is the most important aspect when considering a new credit card?

Issuer (Bank)

(47 votes)
7%

Ongoing Interest Rate (e.g. 14.24%)

(228 votes)
33%

Reward Incentives (e.g. Cash Back)

(184 votes)
26%

Annual Fee

(133 votes)
19%

Intro Interest Rate (e.g. 0%)

(103 votes)
15%

Total Votes: 695

Which presidential candidate do you believe will protect you the most from credit card companies?

Barack Obama

(141 votes)
49%

Mitt Romney

(89 votes)
31%

Ron Paul

(19 votes)
7%

None of the Above

(36 votes)
13%

Total Votes: 285

Do you believe fees on prepaid cards are fair?

Yes

(23 votes)
13%

Maybe

(3 votes)
2%

No

(67 votes)
38%

Definitely No

(85 votes)
48%

Total Votes: 178

How often do you check your credit card statement online?

Daily

(20 votes)
17%

Every Few Days

(33 votes)
29%

Every Week

(19 votes)
17%

Twice per Month

(12 votes)
10%

Every Month

(17 votes)
15%

Never

(14 votes)
12%

Total Votes: 115

Who is your preferred credit card processor?

American Express

(30 votes)
27%

Discover

(13 votes)
12%

Mastercard

(9 votes)
8%

Visa

(48 votes)
44%

Doesn't Matter

(10 votes)
9%

Total Votes: 110

Do you believe that you should receive an extra incentive for signing up for a new credit card?

Matters a lot

(18 votes)
86%

Matters somewhat

(2 votes)
10%

Matters a little

(0 votes)

Doesn't matter

(0 votes)

Doesn't matter at all

(1 votes)
5%

Total Votes: 21

Do you believe the government should cap credit card interest rates?

Yes

(45 votes)
83%

No

(6 votes)
11%

Maybe

(1 votes)
2%

Not Sure

(2 votes)
4%

Total Votes: 54

Do you believe with a Republican President that Dodd-Frank will be repealed?

Yes

(26 votes)
42%

No

(21 votes)
34%

Maybe

(4 votes)
6%

Don't Care

(11 votes)
18%

Total Votes: 62

Do you read the Terms & Conditions of your credit card statement?

Always

(51 votes)
33%

Never

(45 votes)
29%

Sometimes

(57 votes)
37%

Total Votes: 153

What percentage of consumers pay off their credit card bill in full each month?

Over 90%

(2 votes)
10%

Between 75% and 89%

(1 votes)
5%

Between 50% and 69%

(1 votes)
5%

Between 25% and 49%

(5 votes)
24%

Under 25%

(12 votes)
57%

Total Votes: 21

Do you believe the Credit Card Act of 2009 is helping you?

Yes

(1 votes)
25%

Maybe

(0 votes)

No

(1 votes)
25%

Not Sure

(2 votes)
50%

Total Votes: 4

Do you believe your credit score is accurate?

Absolutely

(12 votes)
26%

Somewhat

(8 votes)
17%

Not Really

(16 votes)
34%

Not at all

(11 votes)
23%

Total Votes: 47