credit-card-ownership-statistics

Credit Card Ownership Statistics

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Credit Card Ownership StatisticsData
Total number of credit cards in use in the US1,895,834,000
Total number of US credit card holders199,800,000
Percent of people in the US who do not have a credit card22 %
Average number of credit cards per person4
Average age when receiving first credit card20
Percent of credit card owners with a gas card11.9 %
Percent of card holders who have a rewards credit card60 %
Card Type BreakdownPercent of Issued Cards
Visa36 %
Master Card27 %
American Express6.5 %
Discover7.2 %
Other23.3 %
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College Student Credit Card Ownership 
Percent of undergraduate students with a credit card76 %
Average credit card debt of an undergraduate student$2,200
Percent of undergraduates who had no credit history2 %
Percent of undergraduate students with 4 or more credit cards48 %
Percent of incoming freshman who already have a credit card39 %
Percent of students who pay their card in full each month65 %
PREV DATA SET
Statistic Sources & References
Sources: Federal Reserve Survey of Consumer Finances, US Census Bureau, Experian
Content Author: Statistic Brain

Date research was conducted: September 24, 2017

Credit Card Ownership Statistics

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