Card spending

Card Spending covers the monthly value and volume of transactions across debit and credit cards, both in the UK, and of UK-issued cards across the world. This data also covers outstanding balances on credit cards, card issuance and contactless payments.

Key data highlights:

  • There were 1.5 billion transactions on UK cardholders' debit cards in March 2019, 9.7 per cent more than in March 2018. This equates to a total value of £50.3 billion, 1.6 per cent higher than in the same period a year earlier.
  • There were 265 million transactions on UK cardholders' credit cards in March 2019, 6.4 per cent more than in March 2018. This equates to a total value of £16 billion, 4.7 per cent higher than in the same period a year earlier.
  • The annual growth rate in outstanding balances on credit cards stands at 4.6 per cent in March 2019.
  • There were 1.6 billion debit and credit card transactions in the UK in March 2019, 9.9 per cent more than a year ago. This equates to a total value of £60.6 billion, 2.3 per cent higher than in the same period a year earlier. This data includes transactions on both UK-issued cards and cards issued overseas.
  • Nearly a third of credit card transactions and over 45 per cent of debit card transactions in the UK were made using contactless cards.
  • In total there were 688 million contactless card transactions in March 2019, a 23.4 per cent increase from 557 million in the same period a year earlier.
  • The total value of contactless transactions was £6.4 billion in March 2019, an increase of 23.3 per cent from £5.2 billion in March 2018. This data includes transactions on both UK-issued cards and cards issued overseas.

Latest Data

Card Spending Update - March 2019

Card Spending Update (PDF)

Card Spending Update (XLS)

Total Market Data - Credit Card Statistics - April 2019

UK Finance members only