 TITLE: What Is the Average Number of Credit Cards per US Consumer? CONTENT: Average Number of Credit Cards by Generation\n--------------------------------------------\nBroken down by age group, members of older generations typically carry the most credit cards. In Q3 2020, consumers ages 40 to 74 had more than four credit card accounts each on average, according to Experian data.\nWhile older consumers carry more cards, members of the youngest generation are rapidly expanding the number of cards in their wallets. Generation Z consumers increased their average number of credit card accounts by 9% from 2019, following a general trend that saw younger age groups taking on more debt.\nThe increase in the average number of cards among younger consumers was mirrored by a decrease among older Americans. Members of the silent generation—ages 75 and older—saw an 9% decrease in the number of card accounts since 2019.\nSource: Experian; ages as of 2020 END