Size of a credit card transaction in the UK 2012-2022, in local currency and USD

Published by
Raynor de Best,
Nov 12, 2024
Credit card purchases in the UK averaged roughly 49 pounds, or about 67 dollars, in 2021 - a value that was noticeably lower than in previous years. This is according to estimates based on the overall value of credit card transactions against the number of transactions within the country. These numbers have only been reported on an annual basis. Credit card transaction sizes in the United Kingdom declined for several years in a row, potentially indicating they get increasingly used for less large purchases.

Average value of a credit card transaction in the United Kingdom (UK) from 2012 to 2022 (in GBP, and estimates in U.S. dollars)

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Sources

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Release date

February 2024

Region

United Kingdom

Survey time period

2012 to 2022

Special properties

Cards issued by resident PSPs; No figures were available from before 2012

Supplementary notes

All figures have been gathered and calculated by Statista, based on information from various sources. These include:

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Statistics on " Digital payment types in the United Kingdom (UK) "

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Other statistics that may interest you Digital payment types in the United Kingdom (UK)

Market share

7

Penetration

8

Biggest brands

7

Users

7

Transaction value

7

Number of transactions

7

Miscellaneous

7

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Topics

Payment cards in the United Kingdom (UK)Mobile payments in the United StatesCredit cards in the United StatesDebit cards
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