This statistic illustrates the level of credit card users understanding with regards to balance transfers in the United Kingdom (UK) in November 2015. A total of 33 percent of those users surveyed stated that balance transfers were quite easy to understand.
United Kingdom: How easy or difficult is it to understand (credit card) balance transfers?
Sample broken down as follows:
65% had credit card(s) and used it/them in the last 12 months. (active users): 25,879 weighted.
5% had credit card(s) but did not use it/them in the last 12 months. (inactive users): 2014.
30% did not have a credit card (non-users): 11944.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Financial Conduct Authority. (November 3, 2015). United Kingdom: How easy or difficult is it to understand (credit card) balance transfers? [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/
Financial Conduct Authority. "United Kingdom: How easy or difficult is it to understand (credit card) balance transfers?." Chart. November 3, 2015. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/
Financial Conduct Authority. (2015). United Kingdom: How easy or difficult is it to understand (credit card) balance transfers?. Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/
Financial Conduct Authority. "United Kingdom: How Easy or Difficult Is It to Understand (Credit Card) Balance Transfers?." Statista, Statista Inc., 3 Nov 2015, https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/
Financial Conduct Authority, United Kingdom: How easy or difficult is it to understand (credit card) balance transfers? Statista, https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/ (last visited October 13, 2024)
United Kingdom: How easy or difficult is it to understand (credit card) balance transfers? [Graph], Financial Conduct Authority, November 3, 2015. [Online]. Available: https://www.statista.com/statistics/510391/credit-card-users-understanding-of-balance-transfers-united-kingdom/
