The number of credit card transactions in the UK in the summer of 2024 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 2024
(in millions)
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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Statista, & UK Cards Association, & British Bankers’ Association, & UK Finance. (November 18, 2024). Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2024 (in millions) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/
Statista, und UK Cards Association, und British Bankers’ Association, und UK Finance. "Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2024 (in millions)." Chart. November 18, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/
Statista, UK Cards Association, British Bankers’ Association, UK Finance. (2024). Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2024 (in millions). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/
Statista, and UK Cards Association, and British Bankers’ Association, and UK Finance. "Number of Credit Card Transactions, Either In-store or Online, in The United Kingdom (Uk) from January 2014 to August 2024 (in Millions)." Statista, Statista Inc., 18 Nov 2024, https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/
Statista & UK Cards Association & British Bankers’ Association & UK Finance, Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2024 (in millions) Statista, https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/ (last visited December 21, 2024)
Number of credit card transactions, either in-store or online, in the United Kingdom (UK) from January 2014 to August 2024 (in millions) [Graph], Statista, & UK Cards Association, & British Bankers’ Association, & UK Finance, November 18, 2024. [Online]. Available: https://www.statista.com/statistics/283614/united-kingdom-uk-monthly-credit-card-purchase-transactions/
