Shopping
State of Online Shopping & Credit Card Usage Habits — the practical version
In this report we examine how American consumers are spending across assorted mediums, their credit card habits, and the links between digital spending and debt across
Sample takeaways from this report include:
- About 2 in 5 (42%) of consumers admit blowing their budgets while online shopping in the past 6 months!
- 3 of 4 U.S. shoppers do not know the average APR for credit cards, most think it's much higher.
- 1 of 4 American consumers own an Amazon credit card, and half of U.S. shoppers own a store specific credit card.
- Millennials shop the most frequently, spend the most, and are the most likely to have gone into credit card debt while shopping online.
- Cash back cards are the preferred type of credit card amongst U.S. shoppers.
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