REPORT | NOVEMBER 2024

Consumers' Financial Health and Spending Priorities Guide Credit Card Choices

One in three consumers opened a new credit card this year, with 66% selecting a general-purpose option. Learn what influences their selection, motives for seeking a new card, and spending habits of new cardholders in this new report from PYMNTS Intelligence and Elan.

An illustrated cover of the report. A family of two adults and two children stand to the left. On the right is a stack of five credit cards that fade from green to blue top to bottom. To the left of the credi tcards are speech bubbles with icons like a plane, car, house, and heart

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Credit Union

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