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Reasons for debit card preference in the United States in 2017, by generation

Why do you prefer debit cards?

The data describes the reasons for debit card preference in the U.S. in 2017, by generation. The results of the survey revealed that 56% of the Millennials preferred to use debit cards to make purchases as it was easier for them to keep track of expenses.

Easier to keep track of my expenses	57	56	55	62	75
Better way to manage my budget/can’t overspend	47	34	55	55	65
No interest rate to pay compared to credit cards	41	47	58	41	35
Don’t carry cash	40	34	27	27	55
Safey/security	27	42	52	52	55
Using a credit card is risky/big bill at end of month	26	18	28	11	10
I don’t have a credit card	18	11	5	11	20

Reasons for debit card preference in the United States in 2017, by generation

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