Millions of Americans typically use the same credit card, poll suggests


Today’s credit card processing software allows businesses to accept a wide variety of card types. However, with people being creatures of habit, million of Americans prefer to use the same one time after time, according to the results of a recent survey.

“More than 1 in 10 people haven’t switched from their preferred credit card in 10 years or more.”

An estimated 49 million Americans tend to go with the same credit card when paying for goods or services by credit, based on a new poll conducted by Additionally, of the nearly 1,700 adults who participated in the survey, 12 percent said they haven’t switched cards in a decade or longer. That’s the equivalent of 20 million people in the U.S. who haven’t changed cards in 10 year or more.

Diversifying credit card use is best
There’s nothing inherently wrong with going to the same credit card. But at the same time, credit diversification helps to strengthen credit scores, as the types of credit used is one of the factors credit agencies rely on to determine buyers’ three-digit rating, according to Equifax. Other factors include payment history, the ratio between how much credit is used and what’s available and account types.

It behooves businesses to accept more than one credit card type, as well, given that there are so many subscribers customers can choose from, not to mention the fact that many buyers do aim to switch up the frequency with which they purchase with one versus another.

More than 2 in 3 Americans pay by credit card 
Something that most Americans share in common is credit card utilization, viewing it as another way to buy when they’re short on cash or shore up their credit scores. The third most common way Americans spend money is with credit cards, according to recent statistics available from Blackhawk Network. In 2016, nearly 70 percent of shoppers paid by credit card on one or more occasions, behind only cash and debit as more frequent payment types.

For more than 23 years, 911 Software has provided merchants with the superior, seamless, reliable card processing services that paying by credit is known for. We’re a trusted payment solution firm, boasting tens of thousands of satisfied businesses since launching in 1995.

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