Entire civilian, noninstitutionalized population; * The data for 2024 is a forecast calculated by ÌÇÐÄÆƽâ°æ; The figures shown are from a global survey held every 3 years. Data for 2021 - the most recent year available - was released in June 2022.
Method of interview
Face-to-face interviews, telephone interviews
Supplementary notes
This question was phrased by the source as follows: "A credit card is a card that allows you to BORROW money in order to make payments or buy things, and you can pay the balance off later. Do you, personally, have a credit card?"
Figures for 2024 are a forecast from ÌÇÐÄÆƽâ°æ. Historical figures were used in a linear trend, to form a simple trend projection. This extrapolation uses the method of least squares.
Citation formats
Triennial credit card penetration in Canada 2011-2024, by demographic
Roughly out of 10 Canadians either owned or used a credit card, a figure that stayed relatively consistent throughout the years. This is according to a three-year survey that asked consumers in Canada whether they had such a digital payment method. Noticeable in the most recent edition - in 2021 - is that the youngest age groups saw their credit ownership increase by more than ** percentage points. This means youth was increasingly catching up to their older counterparts.
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ÌÇÐÄÆƽâ°æ. (March 11, 2024). Share of individuals who own a credit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1379171/credit-card-ownership-rate-canada/
ÌÇÐÄÆƽâ°æ. "Share of individuals who own a credit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level." Chart. March 11, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1379171/credit-card-ownership-rate-canada/
ÌÇÐÄÆƽâ°æ. (2024). Share of individuals who own a credit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1379171/credit-card-ownership-rate-canada/
ÌÇÐÄÆƽâ°æ. "Share of Individuals Who Own a Credit Card in Canada in 2011, 2014, 2017 and 2021 with a Forecast for 2024, by Age, Gender, and Income Level." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Mar 2024, /statistics/1379171/credit-card-ownership-rate-canada/
ÌÇÐÄÆƽâ°æ, Share of individuals who own a credit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level ÌÇÐÄÆƽâ°æ, /statistics/1379171/credit-card-ownership-rate-canada/ (last visited July 24, 2026)
Share of individuals who own a credit card in Canada in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level [Graph], ÌÇÐÄÆƽâ°æ, March 11, 2024. [Online]. Available: /statistics/1379171/credit-card-ownership-rate-canada/
