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Reasons for debit card preference in the U.S. in 2017, by generation
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Reasons for debit card preference in the U.S. in 2017, by generation
Why do you prefer debit cards?
by M. Szmigiera,
last edited
Apr 1, 2019
This statistic presents the reasons for debit card preference in the United States in 2017, by generation. The results of the survey revealed that 56 percent of the Millennials preferred to use debit cards to make purchases as it was easier for them to keep track of expenses.
Why do you prefer debit cards?
| Gen Z | Millennials | Gen X | Boomers | Retirees | |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| Gen Z | Millennials | Gen X | Boomers | Retirees | |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
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Description
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by M. Szmigiera,
last edited
Apr 1, 2019
This statistic presents the reasons for debit card preference in the United States in 2017, by generation. The results of the survey revealed that 56 percent of the Millennials preferred to use debit cards to make purchases as it was easier for them to keep track of expenses.
- Show sources information
- Show publisher information
- Release date
- January 2018
- Region
- United States
- Survey time period
- Sep and Dec 2017
- Number of respondents
- 285 respondents
- Special properties
- among respondents who prefer to pay with debit cards
- Method of interview
- Online survey
- Supplementary notes
-
Total number of respondents:
500 Consumers (September): ages 25+ &
200 Consumers (December): ages 18-21
The source adds the following information: "22-24 missing in sample."
Source
- Show sources information
- Show publisher information
- Release date
- January 2018
More information
- Region
- United States
- Survey time period
- Sep and Dec 2017
- Number of respondents
- 285 respondents
- Special properties
- among respondents who prefer to pay with debit cards
- Method of interview
- Online survey
- Supplementary notes
-
Total number of respondents:
500 Consumers (September): ages 25+ &
200 Consumers (December): ages 18-21
The source adds the following information: "22-24 missing in sample."
Other statistics on the topic
Debit cards
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Cashless payments in the United States
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Statistics on "Cashless payments in the United States"
- Overview
The most important statistics
- Number of non-cash transactions worldwide from 2012 to 2021, by region (in billions)Number of cashless transactions worldwide 2012-2021, by region
- Distribution of cashless payment means worldwide in 2016, by region and typeDistribution of non-cash payment means worldwide 2016, by region and type
- Value of non-cash payment transactions in the United States in 2012 and 2015, by type (in trillion U.S. dollars)Value of non-cash payment transactions in the U.S. 2012-2015, by type
- Number of non-cash payments in the United States from 2000 to 2015, by type (in billions)Number of cashless payments in the U.S. 2000-2015, by type
- Payment instruments used most frequently to complete transactions in North America in 2016 and 2020Transaction payment instruments used at least weekly in North America 2020
- Leading payment methods in the United States in 2018Preferred payment methods in the U.S. 2018
- In general, how do you pay for everyday purchases?Payment preferences in the U.S. 2017
- If given a choice, how would you prefer to pay for each type of purchase shown below?Preferred payment methods for selected items in the U.S. 2017
- Credit cards
The most important statistics
- Value of credit and debit card transactions in the United States in 2012 and 2015 (in trillion U.S. dollars)Value of credit and debit card transactions in the U.S. 2012-2015
- Which banks or financial institutions do you use for credit card?Financial institutions used for credit card in the U.S. 2017
- Which of the following are reasons why you prefer to pay with a credit card?Reasons for using credit cards as payment means in the U.S. 2017
- How many credit cards do you have in total?Number of credit cards owned in the U.S. 2017
- Why do you prefer credit cards?Reasons for credit card preference in the U.S. in 2017, by generation
- Share of Americans not trusting themselves to use a credit card for fear of overspending in 2017Share of Americans not using a credit card for fear of overspending 2017
- How much do you agree or disagree with the statement ''I think credit cards are safer to use compared to debit cards''?Attitude of consumers toward safety of card payments in the U.S. 2017
- Opinion of Americans towards the possibility of paying with credit card at most places where they shopped in 2017Opinion on credit card acceptance in the U.S. 2017
- Debit cards
The most important statistics
- Which of the following do you consider to be your primary bank or financial institution for your debit card?Financial institutions used for debit cards by Americans 2017
- Which of the following are reasons why you prefer to pay with a debit card?Reasons for using debit cards as payment means in the U.S. 2017
- Why do you prefer debit cards?Reasons for debit card preference in the U.S. in 2017, by generation
- Attitude of Americans towards using debit cards and cash because it is easier to stick to the budget in 2017Attitude towards using debit cards/cash to stick to the budget in the U.S. 2017
- Use of prepaid debit card use by households in the United States in 2013 to 2017, by household typePrepaid debit card use in U.S. households 2013-2017, by household type
- Share of purchases made with debit cards in the United States in 2017Share of purchases made with debit cards in the U.S. 2017
- Online and mobile payments
The most important statistics
- Distribution of mobile banking users in the United States from 2011 to 2015, by age groupDistribution of mobile banking users in the U.S. 2011-2015, by age group
- Distribution of mobile banking users in the United States from 2011 to 2015, by ethnicityDistribution of mobile banking users in the U.S. 2011-2015, by ethnicity
- Attitudes towards mobile payments according to online shoppers in the United States as of August 2018U.S. shopper mobile payment attitudes 2018
- Usage of mobile phones for selected financial activities according to internet users in the United States in 2017Penetration of mobile payment usage in the U.S. 2017
- Thinking of the mobile payment method you use most often, what account(s) do you have your electronic payment linked to?Accounts of U.S. college students linked to mobile payment methods 2015, by age
- Mobile payment security concerns in the United States in 2015Mobile payment security concerns of U.S. consumers 2015
- Preference of Americans to pay for store purchases using a mobile wallet or an EMV card in 2017Preference for paying with mobile wallets or EMV cards in the U.S. 2017
- How likely do you think it is that mobile contactless payments will become a major form of payment in the next five years?U.S. consumer opinion on the future use of mobile contactless payments 2017
- Check payments
The most important statistics
- Value of check payments in the United States in 2012 and 2015 (in trillion U.S. dollars)Value of check transactions in the U.S. 2012-2015
- Share of purchases made with paper checks in the United States in 2017Share of purchases made with paper checks in the U.S. 2017
- P2P payments
The most important statistics
- Value of mobile peer to peer payments in the United States from 2013 to 2018 (in U.S. billion dollars)Value of mobile P2P payments in the U.S. 2013-2018
- Leading peer-to-peer lending websites in the United States from August 2016 to July 2017, by number of monthly visits (in 1,000's)Leading P2P lending websites in the United States 2016 to 2017, by monthly visits
- Cryptocurrencies
The most important statistics
- Why are you not interested in using Bitcoin for internet purchase/sale transactions?Reasons for disinterest in using Bitcoin for internet transactions in the U.S. 2013
- Would you be open to the idea of using Bitcoin for transactions and purchases?Willingness to use Bitcoin for transactions and purchases in the U.S. 2017
- Miscellaneous
The most important statistics
- Attitude of Americans towards the possibility of choosing payment method basing on shopping location in 2017Possibility of choosing payment method basing on shopping location in the U.S. 2017
- Most convenient to use money transfer and payment apps according to users in the United States as of July 2017U.S. opinion on most convenient money transfer and payment apps 2017
- Attitude of Americans towards not needing cash to pay for purchases within one month in 2017Attitude of consumers toward cashless spending in the U.S. 2017
- Which of the following would help convince you to try a new or different way to pay for goods and services? Potential reasons to change payment method in the U.S. 2017, by generation
- Which form of payment do you use most often for online shopping?U.S. online shopping payment method preference 2017
- Most secure money transfer or payment app according to users in the United States as of July 2017U.S. opinion on most secure money transfer or payment app 2017
- Most important payment app features according to consumers in the United States as of July 2017Important payment app features in the U.S. 2017
- Experience of EMV card users in the United States in 2016EMV card usage experience in the U.S. 2016
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Statistics
- Financial institutions used for debit or credit card in the U.S. 2017
- Number of cards with a payment function in Europe 2018
- Payments with cards with a debit function in Czechia 2012-2018
- Value of payments with cards with a debit function in Bulgaria 2012-2017
- Number of cards with a payment function in Romania 2009-2018
- Payments with cards with a debit function in Czechia 2012-2018
- Number of cards with a debit function in Hungary 2012-2017
- Number of debit card transactions in India 2016-2018, by location
- Number of payments with cards with a debit function in Bulgaria 2012-2017
- Latin America: number of debit cards 2017, by country
- Value of payment card transactions in Finland 2014-2017, by card type
- Number of cards with a debit function in Bulgaria 2012-2017
- Luxury and non-luxury mix-and-match preferences of global consumers in 2017
- Value of debit card purchases in educational establishments in the UK 2015-2017
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Studies
- Debit cards
- Credit and debit cards in Italy
- Credit and debit cards in the United Kingdom
- Payment methods in Italy
- Debit and credit cards in the Benelux
- Payment instruments - France, Spain and Italy
- Payment instruments - United Kingdom and Ireland
- Payment methods in the Benelux
- ATMs and POS terminals in the Benelux
- Credit cards in the United States
- Payments statistics Europe 2019
- World Payments Report 2018
- 2018 Canadian Payment Methods and Trends
- E-commerce in Europe 2017
- Payments statistics Europe 2018
Statistics on "Cashless payments in the United States"
- Number of non-cash transactions worldwide from 2012 to 2021, by region (in billions)
- Distribution of cashless payment means worldwide in 2016, by region and type
- Value of non-cash payment transactions in the United States in 2012 and 2015, by type (in trillion U.S. dollars)
- Number of non-cash payments in the United States from 2000 to 2015, by type (in billions)
- Payment instruments used most frequently to complete transactions in North America in 2016 and 2020
- Leading payment methods in the United States in 2018
- In general, how do you pay for everyday purchases?
- If given a choice, how would you prefer to pay for each type of purchase shown below?
- Payment methods used most frequently in the United States in 2017, by generation
- What is your most preferred way to pay for goods and services?
- Mobile payments and mobile wallet adoption rate among smartphone users in the United States as of January 2017
- Proximity mobile payment transaction value in the United States from 2015 to 2021 (in billion U.S. dollars)
- Value of credit and debit card transactions in the United States in 2012 and 2015 (in trillion U.S. dollars)
- Which banks or financial institutions do you use for credit card?
- Which of the following are reasons why you prefer to pay with a credit card?
- How many credit cards do you have in total?
- Why do you prefer credit cards?
- Share of Americans not trusting themselves to use a credit card for fear of overspending in 2017
- How much do you agree or disagree with the statement ''I think credit cards are safer to use compared to debit cards''?
- Opinion of Americans towards the possibility of paying with credit card at most places where they shopped in 2017
- Attitude of Americans towards usage of credit cards whenever possible to earn rewards and points in 2017
- Which of the following do you consider to be your primary bank or financial institution for your debit card?
- Which of the following are reasons why you prefer to pay with a debit card?
- Why do you prefer debit cards?
- Attitude of Americans towards using debit cards and cash because it is easier to stick to the budget in 2017
- Use of prepaid debit card use by households in the United States in 2013 to 2017, by household type
- Share of purchases made with debit cards in the United States in 2017
- Distribution of mobile banking users in the United States from 2011 to 2015, by age group
- Distribution of mobile banking users in the United States from 2011 to 2015, by ethnicity
- Attitudes towards mobile payments according to online shoppers in the United States as of August 2018
- Usage of mobile phones for selected financial activities according to internet users in the United States in 2017
- Thinking of the mobile payment method you use most often, what account(s) do you have your electronic payment linked to?
- Mobile payment security concerns in the United States in 2015
- Preference of Americans to pay for store purchases using a mobile wallet or an EMV card in 2017
- How likely do you think it is that mobile contactless payments will become a major form of payment in the next five years?
- Which types of apps did you use in the past 3 months to pay for goods or services through your mobile phone?
- Appeal of smartphone payments in the United States in 2016
- Usage of smartphone payments in past 12 months in the United States in 2016
- Value of check payments in the United States in 2012 and 2015 (in trillion U.S. dollars)
- Share of purchases made with paper checks in the United States in 2017
- Value of mobile peer to peer payments in the United States from 2013 to 2018 (in U.S. billion dollars)
- Leading peer-to-peer lending websites in the United States from August 2016 to July 2017, by number of monthly visits (in 1,000's)
- Why are you not interested in using Bitcoin for internet purchase/sale transactions?
- Would you be open to the idea of using Bitcoin for transactions and purchases?
- Attitude of Americans towards the possibility of choosing payment method basing on shopping location in 2017
- Most convenient to use money transfer and payment apps according to users in the United States as of July 2017
- Attitude of Americans towards not needing cash to pay for purchases within one month in 2017
- Which of the following would help convince you to try a new or different way to pay for goods and services?
- Which form of payment do you use most often for online shopping?
- Most secure money transfer or payment app according to users in the United States as of July 2017
- Most important payment app features according to consumers in the United States as of July 2017
- Experience of EMV card users in the United States in 2016
- Most innovative payment system providers United States in 2016, by age group
- Bank channels used when making a transfer between accounts in the United States in 2017
- Which banks or financial institutions do you use for debit or credit card?
- Total number of payment cards* in selected European countries as of 2018 (in millions)
- Total value of payments made with cards that have a debit function in Czechia from 2012 to 2018 (in billion Czech koruna)
- Total value of payments made with cards that have a debit function in Bulgaria from 2012 to 2017 (in billion Bulgarian lev)
- Total number of payment cards* issued in Romania from 2009 to 2018 (in millions)
- Total number of payments made with cards that have a debit function in Czechia from 2012 to 2018 (in millions)
- Total number of cards with a debit function in Hungary from 2012 to 2017 (in millions)
- Number of debit card transactions in India from August 2016 to August 2018, by transaction location (in millions)
- Total number of payments made with cards that have a debit function in Bulgaria from 2012 to 2017 (in millions)
- Number of debit cards in selected Latin American countries in 2017 (in millions)
- Total value of payment card transactions in Finland from 2014 to 2017, by type of card (in billion euros)
- Total number of cards with a debit function in Bulgaria from 2012 to 2017 (in 1,000s)
- Do you like to mix-and-match luxury items with non-luxury items?
- Value of debit card purchase transactions in educational establishments in the United Kingdom (UK) from March 2015 to March 2017 (in million GBP)
- Which kind of present you are going to buy for Father's Day?
- Preferences for style of local news on commercial TV in Australia in 2016
- When are you going to buy the present for Father's Day?
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