Monthly average credit card purchase value in the UK 2016-2023
The average credit card purchase value in the United Kingdom was less than 60 British pounds, although the figure did increase in July 2023. The average ticket size for credit cards reached an all-time in the European country in January 2023, when each individual credit card transaction was worth 63 British pounds on average. This contrasted with April 2020, when coronavirus measures caused the average credit card value to decline. Consequently, the total credit card debt in the UK grows by eight percent year-on-year.