FICO UK Credit Card Market Report: March 2025

  • LONDON--(BUSINESS WIRE)--While the months after Christmas typically see spend on credit cards fall, the new data from global analytics software leader FICO for March 2025 underlines the financial pressures impacting UK households. Following seasonal patterns, average spend was 6.8% lower than February and 3.7% down compared to March 2024. However, payments to balance also fell in March, by 1.6% month-on-month and 5.8% year-on-year, resulting in higher average balances compared to 2024. Establis.