US EditionShould I ditch my credit card for BNPL?
UNITED STATES, JUL 11 – About half of Americans have used Buy Now, Pay Later services, but credit cards still provide stronger consumer protections and more extensive rewards, regulators say.
- On July 4, 2025, major U.S. BNPL providers offered zero-interest six-week payment plans compared to typical credit cards with 21.37% APR and various fees.
- The growing BNPL industry attracts consumers with poor credit and short-term repayment plans, while credit cards remain established since the 1950s with broader protections.
- BNPL loans cost less if paid within the zero-interest term but become costly with longer repayment, and credit cards offer greater consumer protections and rewards.
- Nearly 50% of Americans have tried BNPL services, and close to two-thirds of this year’s Coachella attendees utilized BNPL to purchase their tickets, highlighting its rising popularity amid unclear U.S. regulations.
- Regulators like the CFPB ruled BNPL lenders as card issuers under Regulation Z, while legislative and enforcement changes suggest ongoing shifts but credit cards still dominate benefits.
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Should I ditch my credit card for BNPL? | News Channel 3-12
Tada Images // Shutterstock Should I ditch my credit card for BNPL? Buy now, pay later (BNPL) is popping up everywhere. An April 2025 LendingTree survey found that around half of Americans have used BNPL, and around 1 in 3 have used it more than once. Buyers aren’t just using it for essentials either, with a Billboard report finding that nearly 2 in 3 attendees at this year’s Coachella festival used BNPL to buy their tickets. Credit cards, the g…
Tulsa World+25 Reposted by 25 other sources
Should I ditch my credit card for BNPL?
Finder.com reports that BNPL can be cheaper short-term than credit cards, but credit cards offer more consumer protections and rewards.
·Tulsa, United States
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Total News Sources27
Leaning Left2Leaning Right0Center23Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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