Factors affecting households' credit card usage preferences in Turkey

In parallel with the rapid increase in the number of credit card users and transactions recently, the credit card has gained many new features. Credit cards, known as plastic money, provide households with many different features such as cash, credit, installment opportunities, online shopping, mobile banking and payment convenience, and significantly affect the consumption decisions and welfare levels of households. In this study, it is aimed to analyze the socioeconomic variables affecting the use of credit cards at the household level. For this purpose, the analysis was made with the help of the logistic regression model using the 2018 micro data set of the Household Budget Research of the Türkiye Statistical Institute. According to the results of the analysis, it has been determined that the variables of income, education level, job status, household size and online shopping have a positive effect on the credit card usage preferences of the households, It has been determined that the distance to access to banking services, age and gender variables have a negative effect.