2019 Summer Travel Credit Card Survey
2:56 AMPosted by: John S Kiernan
You can learn a lot about people from their travel habits generally and their attitudes toward summer travel in particular. After all, summer travel can be especially trying, on both our patience and our wallets.
To get a better sense of how U.S. consumers are feeling about their ability to get away heading into the most expensive time of the year, WalletHub conducted a nationally representative online survey. You can find the results in the following infographic.
| What do you worry about when traveling? (Select all that apply) | |
|---|---|
| Weather | 53% |
| Money | 49% |
| Delays | 49% |
| Theft | 39% |
| Illness | 36% |
| Terrorism | 23% |
| Sleep | 22% |
| Which are you more likely to do? | |
| Skip a vacation | 81% |
| Skip a credit card payment | 19% |
| Do you think about post-vacation credit card bills during your vacation? | |
| No | 54% |
| Yes | 46% |
| How likely are you to apply for a new credit card before a vacation? | |
| Very Unlikely | 56% |
| Not Likely | 33% |
| Likely | 6% |
| Very Likely | 5% |
| Have you ever used credit card rewards to pay for at least part of a vacation? | |
| No | 58% |
| Yes | 42% |
| Do you save up for summer vacations in advance? | |
| Yes | 65% |
| No | 35% |
| What would you do for a free summer vacation? (Select all that apply) | |
| Stop drinking coffee for a year | 53% |
| Work weekends during the winter | 51% |
| Stop dining out for a year | 43% |
| Does travel usually get you into debt? | |
| No | 71% |
| Yes | 29% |
| Which, if any, credit card benefits have you used? (Select all that apply) | |
| None | 53% |
| Rental car insurance | 27% |
| Trip delay/cancellation insurance | 16% |
| Travel accident insurance | 15% |
| Price protection | 13% |
| Return protection | 12% |
| How difficult is it to take advantage of these benefits offered by credit cards? | |
| OK | 54% |
| Hard | 29% |
| Easy | 17% |
| Will you buy insurance from the rental agency or use your credit card’s coverage? | |
| Use credit card’s coverage | 57% |
| Buy insurance from the rental agency | 43% |
| What’s the most important feature when applying for a rewards card? | |
| Everyday rewards | 44% |
| Annual fee | 43% |
| Initial bonus | 8% |
| Foreign fee | 5% |
| Which type of credit card are you most likely to get? | |
| Cash back credit card | 61% |
| Gas credit card | 12% |
| Airline credit card | 12% |
| General travel card | 12% |
| Hotel credit card | 4% |
| Are you more scared to fly this summer than in years past because of the Boeing airplane issues? | |
| No | 68% |
| Yes | 32% |
Note: Percentages may not total 100% due to rounding.
from Wallet HubWallet Hub
via Finance Xpress
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