Prepaid debit card use in U.S. households by tenure

The use of prepaid debit cards by households in the United States from 2013 to 2019 can be categorized by tenure. It was found that 6.6 percent of the households which owned the house in which they lived used prepaid debit cards in 2019, while 12 percent of non-homeowners used prepaid debit cards in this year.

Home-ownership is not common among young people. Similarly, in particular 15 to 24 year-olds use prepaid debit cards in the United States (11.6 percent in 2019).

Use of prepaid debit card use by households in the United States from 2013 to 2019, by tenure

Characteristic	2013	2015	2017	2019
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Release date

October 2020

More information

Region

United States

Survey time period

June 2019

Number of respondents

33,000 respondents

Age group

15 years and older

Special properties

Households

Method of interview

Panel survey

Supplementary notes

Unbanked households are those without an account at an insured institution. Underbanked households have an account at an insured institution, but have also obtained financial services and products from non-bank, alternative financial services (AFS) providers in the last 12 months.
Households which used prepaid card in the previous 12 months.

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