The monthly amount of credit and debit transactions made in the United Kingdom (UK) fluctuated significantly between 2019 and 2020. Following the global COVID-19 pandemic, UK consumers appear to have made significant efforts to engage in fewer transactions and spend less money. A low point was experienced in April 2020, when less than one billion transactions took place. The number has risen since then, and as of October 2021, there were over two billion credit and debit transactions made in the UK.
Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024
(in millions)
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British Bankers’ Association, & UK Cards Association, & UK Finance, & Statista. (November 18, 2024). Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024 (in millions) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, und UK Cards Association, und UK Finance, und Statista. "Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024 (in millions)." Chart. November 18, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, UK Cards Association, UK Finance, Statista. (2024). Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024 (in millions). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association, and UK Cards Association, and UK Finance, and Statista. "Combined Total Number of Credit Card and Debit Card Transactions in The United Kingdom (Uk) from January 2014 to August 2024 (in Millions)." Statista, Statista Inc., 18 Nov 2024, https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/
British Bankers’ Association & UK Cards Association & UK Finance & Statista, Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024 (in millions) Statista, https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/ (last visited December 19, 2024)
Combined total number of credit card and debit card transactions in the United Kingdom (UK) from January 2014 to August 2024 (in millions) [Graph], British Bankers’ Association, & UK Cards Association, & UK Finance, & Statista, November 18, 2024. [Online]. Available: https://www.statista.com/statistics/283634/united-kingdom-uk-monthly-credit-and-debit-card-purchase-transactions/