Share

Poll: Credit card use surges, even for milk and eggs

By |
Paul Bedard,Washington Secrets,Economy,Credit Cards

In another sign of how Americans are coping with a weak economy and stagnating pay, credit card usage is surging, even at the grocery story, where cash used to be king.

A new Rasmussen Reports poll reveals that credit cards are being used much more than even a year ago. For example, in 2012, 22 percent of Americans used a credit card to buy milk, eggs and other groceries -- that use has increased to 29 percent.

A similar surge was found at restaurants and movies. Some 34 percent pay the meal bill with credit, up from 29 percent last year, and the use of credit cards at the movies has doubled in two years, from 11 percent to 22 percent, said Rasmussen.

The economy doesn’t get all the blame, however, as the nation has been making the move from cash to plastic.

Now, nearly half the nation goes a whole week without using cash. Rasmussen said that 49 percent have gone a week just using credit or a debit card.

Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com.