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.
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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Worldpay. (January 3, 2018). Why do you prefer credit cards? [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/
Worldpay. "Why do you prefer credit cards?." Chart. January 3, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/
Worldpay. (2018). Why do you prefer credit cards?. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/
Worldpay. "Why Do You Prefer Credit Cards?." Statista, Statista Inc., 3 Jan 2018, https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/
Worldpay, Why do you prefer credit cards? Statista, https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/ (last visited November 21, 2024)
Why do you prefer credit cards? [Graph], Worldpay, January 3, 2018. [Online]. Available: https://www.statista.com/statistics/806068/credit-card-preference-reasons-usa-by-generation/