Cash or credit? Most Americans say credit cards have become their go-to payment method

Hold onto your wallets: Most Americans say cash is outdated — with many crowning their credit cards as their go-to for everything from everyday groceries to fully loaded vacations. A survey of 2,000 Americans found the average person has three credit cards to their name, with only a third (32%) paying their bill in full every month. Two in five respondents said they use their credit card as frequently as a few times per week, with more than half using it on large and everyday expenses (52%). Other popular credit uses include travel (47%), restaurant dining (45%), and vacations (43%). Commissioned by Slickdeals and conducted by OnePoll, the study found that over half (53%) of respondents experienced things for the first time because of their credit card's rewards.

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