Apple iPhone users spend significantly more on their credit cards than non-iPhone users

“Your smartphone might say something about your credit-card spending,” Mary Pilon reports for The Wall Street Journal.

“Users of Apple’s iPhone spend significantly more on their credit cards than Blackberry, Windows Mobile or Android users, according to data from Pageonce Inc., a financial account aggregator,” Pilon reports. “The average monthly credit card bill was $6,872 for iPhone users, compared to $5,693 for BlackBerry users, $5,330 for Android users and $5,076 for Windows Mobile. The study looked at 275,000 randomly selected accounts from Pageonce Inc. from October 1 to November 1, 2010. The credit card bill reflects new charges from that month, not the revolving balance carried over from month to month.”

Pilon reports, “Previous research from Nielsen Co. has highlighted that iPhone users on average have been an older and wealthier demographic, which could account for higher credit-card spending.”

MacDailyNews Note: Actually, a Forrester study found that iPhone users are younger. 30% of iPhone users in 2008 were of Generation Y, a larger portion than the rest of the smartphone market. iPhone users are more educated and affluent: 49% of iPhone users have a college education and 67% earn more than $70,000 a year.

More info here.

MacDailyNews Take: Like Mac users, iPhone users are also smarter: They don’t settle for inferior knockoffs.

38 Comments

  1. I guess the real meaning of this article is unless your spending $5000-$7000 a month on your credit cards that your a customer Apple isn’t interested in.

    That’s ok, the rest of the world manages just fine and I’d rather have friends than I know are friends, and not one’s that are just friends hoping to get something out of me.

    Touting rich snobby Apple products in these tough economic times is asking for a group ass-kicking anyways.

    A inexpensive linux netbook and a pay as I use cell phone, that’s letting everyone know I share in their economic pain. I keep the Mac hidden in a safe where it belongs.

  2. My wife and I payoff completely each month and use credit cards for convenience and points/discounts. We put almost everything on cards, so our amount seems high & could fit the survey results. We owe only on mortgage, ’til Jan 2016 (then we’ll apply payments to saving for kids’ college).

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