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stack of credit cards Source: Shutterstock

Consumers appeared to be dialing back on using their credit cards, but debit card spending may be regaining some ground, according to the latest weekly snapshot of card spending from PSCU.

The St. Petersburg, Fla.-based CUSO reported Monday that overall credit card spend was down 32.1% for its owner credit union members during the week ending April 12, 2020, compared to the same week of 2019. In comparison, for the week ending April 5, overall credit card spend was down 29.3%; for the week of March 23, it was down 29.9%.

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Tina Orem

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