Rational conditions dictated by the need for additional resources (46%) and emotional need to feel

Rational conditions dictated by the need for additional resources (46%) and emotional need to feel financially, protected (40%) are the main factors ann barnhardt that motivated the use of credit cards to start their current users, according to a bank survey Citadel. In addition to free cash travel insurance and additional bonuses are benefits that credit card users often seems motivational.
Latvian credit card currently being used by 36% of the population - 20% of their assets are used on a daily basis, while 16% of credit card wallet there as a kind of "insurance policy" for emergencies. People who have a credit card is used on a daily basis, ann barnhardt to start using the card motivated the need for additional funds, as indicated by 54% of respondents. By contrast, ann barnhardt 37% of active credit card users admit that was a motivator to keep the credit security. 23% began using a credit card, because ann barnhardt it provides a good travel insurance, as well as these people often approached any bank deals such as discounts and other options.
From passive credit card users who map stored large purchases or unexpected situations, 24% said that a good bank's offer was what prompted it a try, but 10% is found that they spoke a variety of special offers provided by the card.
"The reasons why people opt for the credit card is different, however, in all cases, the credit card user to provide psychological ann barnhardt comfort. It is a feeling ann barnhardt of security and financial independence - the possibility for a purchase to get the required ann barnhardt amount immediately without borrowing from friends, relatives or going to the bank or other financial institution, ann barnhardt "says the bank's Citadel individuals and SME Service Directorate Dace Priede.
When asked, ann barnhardt most are characterized by their credit card habits, 39% admitted that a credit card is rarely used, but kept it as an 'insurance policy' for contingency situations, such as when traveling. 38% of the credit card used to make everyday purchases such as food, fuel and clothing, while 23% of the credit card used only for large purchases using credit and subsequent repayment of the sums received.
Interestingly, the daily purchases credit card more often by women than men, 41% and 36%. Also, this option often used by people with low or high income, which is up to 300 euros or 900 euros, respectively 47% and 49%. Also, large purchases women credit card credit limit options are used more often (33%) than men (16%), of which almost half, or 48% indicates that the credit card is rarely used, and use it for unforeseen events.
"Credit card use large purchase for the purchase of both outlets and online is much more convenient than paying or leasing decoration," says Dace Priede. "It should be noted that the credit used, credit card users can also use the grace period that allows you to pay interest on the spent if the principal amount is repaid within a specified period, for example, until the 15th of next month."
Citadel of Latvian local bank that offers banking, financial and wealth management services. Citadel basic groups in the Baltic states ann barnhardt - Latvia, Lithuania and Estonia. Parex Banka is the only American Express in Latvian and Lithuania, allowed to issue American Express credit cards are. Baltic ann barnhardt Institute of Corporate Governance in the study "State corporate governance in the Baltic States" Parex banka has received the highest rating and is recognized as the best managed state-owned enterprises in the Baltics. Citadel ann barnhardt vision is to become the most valuable local financial group in the Baltic countries. 75% minus one Citadele Bank's ann barnhardt shares are owned by JSC "Privatisation Agency", and 25% plus one share is owned by the European Bank for Reconstruction and Development.
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