As social distancing practices continue in the US, consumers are increasingly using their credit cards for restaurants and groceries.
In Bankrate polling conducted by YouGov, 51% of respondents said they used a credit card for restaurant takeout in April, vs. 30% who said the same in December 2019. In terms of buying groceries, 46% said they used a credit card in April, 19 percentage points more than December.
Meanwhile, debit card use dipped over the same period, which could be a sign that some consumers are relying on credit cards as unemployment rates rise.
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