This statistic illustrates the number of respondents who did not expect to pay interest on their main credit card when they took it out but paid interest on it in the United Kingdom (UK) in the twelve months up to November 2015. A share of 28 percent of respondents with a rewards based credit card paid unexpected interest in the year leading up to November 2015.
Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type
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): 11,944.
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Financial Conduct Authority. (November 3, 2015). Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed
Financial Conduct Authority. "Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type." Chart. November 3, 2015. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed
Financial Conduct Authority. (2015). Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type. Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed
Financial Conduct Authority. "Share of Credit Card Users That Had to Pay Interest They Did Not Expect to in United Kingdom (Uk) 2015, by Card Type." Statista, Statista Inc., 3 Nov 2015, https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed
Financial Conduct Authority, Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type Statista, https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed (last visited February 18, 2025)
Share of credit card users that had to pay interest they did not expect to in United Kingdom (UK) 2015, by card type [Graph], Financial Conduct Authority, November 3, 2015. [Online]. Available: https://www.statista.com/statistics/510576/credit-card-users-unexpected-interest-payments-by-credit-card-type-united-kingdom/?__sso_cookie_checker=failed