With an average of three credit cards each, Americans use their cards to provide a cushion for emergencies, cash-free convenience, and great rewards. However, while they recognize the value of their credit cards, most still feel their relationship with them is less than ideal. Still, they haven’t given up hope; the majority (64%) believe the perfect card for them is out there, and they just haven’t found it yet.
A recent Experian survey revealed these and other insights into how Americans feel about and use their credit cards. While respondents generally value their credit cards as important financial and credit tools, the majority aren’t as satisfied with their credit cards as they feel they could be. Many also feel the process of finding and applying for a new card is difficult or overwhelming.
See the full survey here.
From www.experian.com
