2019 College Banking Credit Cards Survey
A lot of people probably assume that giving credit cards to college kids is a recipe for trouble, and many students are no doubt among them. But if you ask a diverse sample of college students about their understanding and usage of credit cards, as WalletHub did, the results may just surprise you – in a good, reassuring way.
WalletHub conducted a nationally representative survey of college students, asking about everything from how they’d grade their financial know-how to which spending categories they most want bonus credit card rewards for. You can check out the results in the following infographic.
|What types of purchases do you want to earn the most rewards on?|
|Would your parents approve of your credit card purchases?|
|Would your friends make fun of your credit card transactions?|
|Do you spend more, less or the same amount as the average student?|
|Do your parents help pay your credit card bills?|
|Would you show your significant other a detailed list of your credit card transactions?|
|What grade would you give your personal finances?|
|What grade would you give your knowledge of credit cards?|
|Are credit cards free money?|
|Would you rather miss a credit card payment or miss a party?|
|Do students need a bank account?|
|Are banks more pro-student or anti-student?|
|Do you consider yourself a spender or a saver?|
|How good are your grades?|
Note: Percentages may not total 100% due to rounding.
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