Credit cards: The go-to choice for 77% of boomers

Credit cards: The go-to choice for 77% of boomers

Older consumers favor traditional credit, with 77% of boomers and seniors actively using credit cards. In contrast, interest in newer options like BNPL is minimal. Only 4.5% of boomers and seniors have active BNPL accounts, compared to 18% of millennials and 16% of bridge millennials.

Source: https://www.pymnts.com/credit-cards/2025/77-of-baby-boomers-and-seniors-use-credit-cards-more/