Reasons for credit card preference in the U.S. in 2017, by generation

Published by Statista Research Department, Mar 15, 2022
This statistic presents the reasons for credit card preference in the United States in 2017, by generation. The results of the survey revealed that 72 percent of the Millennials preferred to use credit cards to make purchases due to rewards/points that they offered.

Why do you prefer credit cards?

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Sources

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Release date

January 2018

Region

United States

Survey time period

Sep and Dec 2017

Number of respondents

221 respondents

Special properties

among respondents who prefer to pay with credit 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."

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