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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