Majority of US cardholders are ‘financially unhealthy,’ per J.D. Power study

The trend: Only 46% of cardholders are “financially healthy,” per a J.D. Power study, and worries over the state of their finances are pushing them to favor cards with cash back or low annual fees, rather than points, miles, and perks.

• 51% of study subjects carry revolving debt on their cards.
• And the average interest rate on new purchases that they reported has reached 15.6%.