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Ask Dave

Putting Groceries on Plastic?

Dave gives Bob some statistics about credit cards, since Bob is offended that Dave calls people who use credit cards losers.

QUESTION: Bobby says Dave should not call people who use a credit card for groceries losers.  They may be using the card to get airline miles.

ANSWER: According to Dun and Bradstreet, consumers spend 12%-18% more when spending with plastic.
Consumers spend 37% more at fast food restaurants when using plastic.
Consumers spend 78% more at vending machines when using plastic.
Consumer reports say that 78% of airline miles are never redeemed.