Americans opening more credit, debit cards — ChainStoreAge.com

Americans are increasingly applying for, and using, credit and debit cards:

“The average American cardholder has 5.5 active credit or debit cards, a 38% increase over pre-pandemic estimates, according to financial tech company Chargebacks911’s 2024 Cardholder Dispute Index. Individuals with an annual income above $75,000 tend to possess more credit/debit cards than the average consumer. Women reported having 4.8 cards on average, while men held an average of 6.2.“

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