45% of Americans plan summer travel, spending $3,594 on flights, hotels, and credit cards; 84% use cards, 20% may incur travel debt.
45% of Americans plan to travel this summer, with average expenses of $3,594, mainly on flights and hotel stays. Approximately 84% of travelers will use credit cards to pay for their trips, but 20% won't pay off the balance in full within the first billing statement, potentially leading to summer travel debt.
May 17, 2024
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