Number of credit cards charges past 6 million mark - The Straits Times (5 Jan 2011)
Read about the above article? Frightening statistics in the article.
A reminder to all of us to be careful with our plastics.
Some of the statistics (based on Monetary Authority of Singapore's statistics in November 2010):
Number of credit cards issued: 6 million
Including supplementary cards: 7.46 million
Card per eligible cardholder: 6 to 7 cards
Monthly card billings: $2.87 billion
Roll over credit balance: 7.5%
Be careful with the plastic, just like fire, it can be our master or servant.
Use it wisely!