Shoppers are using their credit cards more frequently on small purchases that they typically handled with cash in the past.
A survey by CreditCards.com found that 17% of credit card holders said they most frequently use a credit card when buying items under $5 in a store, up from 11% last year.
The increase came at the expense of debit cards (24%) and cash (55%), both of which saw a three percentage point drop in the last 12 months, according to the report released Monday by the Austin, Texas company that allows consumers to compare credit card deals online.
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