Blog: Paper Or eStatement ?
By Jim Donovan:
PHILADELPHIA (CBS) -- Nearly 50% of those who are receiving monthly financial statements in the mail said that they wouldn't mind paying for the paper statements, if required, according to a new CreditCards.com report.
Here are some of the highlights of the report:
- The most popular reason to receive financial statements in the mail is for record keeping, followed by serving as a reminder that a bill has to be paid.
--93 million credit card holders are still receiving financial statements through the mail, including 43 million who prefer to only receive and review their monthly financial statements on paper.
--69% of millennials said they'd stop receiving monthly financial statements in the mail if their account was credited $50, compared to 52% of all Americans.
To check out the full report visit:
http://www.creditcards.com/credit-card-news/paper-statements-poll.php