CreditCards.com surveyed 1,500 U.S. residents who held at least one credit card in October 2024 to learn more about how holiday spending will impact Americans’ financial health. Main takeaways: Half of the respondents currently carry credit card debt 96% of respondents with credit card debt will still make holiday purchases 1 in 3 debt holders expect to go further into debt due to this year’s holiday purchase 1 in 6 respondents will open a new credit card to pay for holiday purchases, and 1 in 5 will take out store credit cards 25% of debt holders say holiday spending in 2023 is at least in part to blame Half of Credit Card Holders Have Debt, Yet Most Will Make Holiday-Related Purchases More than half (53%) of the credit card holders surveyed have debt, with 22% carrying balances of $5,000 or more. Holiday expenses are a notable debt contributor, as one-quarter of those in debt report that some of their balances stem from holiday spending in 2023.…