Monthly number of credit card transactions in the UK 2014-2023

Published by
Raynor de Best,
Nov 27, 2023

The number of credit card transactions in the UK in the summer of 2023 nearly reached the same monthly amount as in 2019. Following the global Covid-19 pandemic, UK consumers appear to be taking significant steps to curb unnecessary spending. One area that has risen is the average spend on contactless cards.

Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2023 (in millions)

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Sources

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Release date

November 2023

Region

United Kingdom

Survey time period

January 2014 to August 2023

Special properties

Seasonally adjusted; UK and overseas issued cards; All figures have been gathered and calculated by Statista. No numbers were provided for November 2017

Supplementary notes

Unlike many other countries, payment card data does not come from the central bank but from a nationwide branch organization. The data provided changed significantly in 2017, when two providers merged and introduced changes to the series.

The source states that data from January 2019 onwards covers roughly 97 percent of the credit card market in the United Kingdom.

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Statistics on " Credit cards and debit cards in the United Kingdom (UK) "

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Penetration

5

User behavior

5

Spending

7

Transaction count

5

Credit card debt

5

Brands and issuers

5

Forecasts

5

Further related statistics

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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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