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Shoppers switch to credit card use

Shoppers are increasingly using their credit cards for day-to-day spending rather than one-off purchases, the banks' trade body has said.

The greater protection offered when buying bigger purchases and the temptation of loyalty points has led to their increased use, UK Finance said.

The body said credit card spending saw a sharp rise of 12.1% in October compared with the same month in 2017.

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BBC News

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