Read More Credit Card Statistics

Credit Card Statistics

Credit card balances in America continue to climb. The latest consumer debt data from the Federal Reserve shows that consumer credit card debt rose 2% in December of 2018, pushing Americans’ outstanding consumer credit card balances to $1.045 trillion. It may not have gone up much — at least in terms of percentages — but it […]

Read More

Read More Half of Millennials Have Had Their Go-To Credit Card Longer Than Their Most Recent Romantic Relationship

Half of Millennials Have Had Their Go-To Credit Card Longer Than Their Most Recent Romantic Relationship

Half of millennial credit cardholders say that their primary card has lasted them longer than their most recent romantic relationship, according to a new report from CompareCards.com. With Valentine’s Day approaching, CompareCards.com asked credit cardholders about their most recent credit card breakup – the last time they changed the credit card they use the most. […]

Read More

Read More Two-Thirds Of Credit Cardholders Expect To Pay Their Card Bills In Full More Often In 2019

Two-Thirds Of Credit Cardholders Expect To Pay Their Card Bills In Full More Often In 2019

Nearly two-thirds of credit cardholders expect to pay their monthly statement balance in full more often in 2019 than they did in 2018, according to a new survey from CompareCards.com. That’s just one of several positive economic signs in this month’s CompareCards.com Credit Card Confidence Index. Every month, we ask credit cardholders to rate how […]

Read More

Credit Card Confidence Index: Americans Slightly Less Confident About Paying Credit Card Bills in December

Americans’ confidence in their ability to pay their monthly credit card statement balances in full dipped slightly in December, according to the latest Credit Card Confidence Index from CompareCards.com. Each month, CompareCards asks American credit cardholders to rate their confidence in the ability to pay their credit cards’ monthly statement balance in full this month […]

Read More

Read More CompareCards.com 2018 Balance Transfer Credit Card Report

CompareCards.com 2018 Balance Transfer Credit Card Report

Debt-strapped Americans are flocking to 0% intro balance transfer card offers, which are still plentiful even in the face of regular Federal Reserve rate increases, according to a new report from CompareCards.com. Unfortunately, millions of consumers aren’t playing those cards right – and are unnecessarily costing themselves real money. For its 2018 Balance Transfer Credit […]

Read More