‘Unloved and unused: millions of credit cards languish’
August 21, 2006 at 11:41 am
Millions of adults in the UK are lumbering their wallets with plastic that never gets used, said a Morgan Stanley survey.
The average adult keeps 2.1 credit card on their person at all times . A quarter have cards that they have not used for the past year however, while one in nine people has two.
Around one in ten people are still carrying cards that last saw service in mid 2003, the survey revealed. Most of the unused cards were balance transfer cards with old deals…….
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