Pergamon
S0969-5931 (96)00006-6
InternationalBusiness Review Vol.5, No. 2, pp. 209-230, 1996
Copyright © 1996 Elsevier Science Ltd
Printed in Great Britain. Allrights reserved
0969-5931196 $15.00 + 0.00
An Empirical Investigation of US
Credit Card Users: Card Choice
and Usage Behavior
Ali Kara,* Erdener Kaynak# and Orsay Kucukemiroglu*
*College of Business Administration, Pennsylvania State University at
York, 1031 Edgecomb Ave, York, PA 17402, USA
tSchool of Business Administration, Pennsylvania State University at
Harrisburg, Middletown, PA 17057, USA
An Empirical
Investigation of
US Credit Card
Users
Abstract -- The purpose of this research is to analyze household credit card choice and usage
behavior. The theoretical model used to analyze the credit card choice behavior is a conjoint
model which assumes the utility maximization and rational evaluation of the available credit
card alternatives. The study also investigates the effects of credit card attitudes and practices on
the credit card usage behavior. The data for the study were collected in southcentral
Pennsylvania and analyzed by using traditional conjoint analysis and factor analysis. Study
findings indicate that credit card holders and users show distinct differences in the use and
selection of credit cards. Four different types of credit card customers identified necessitate the
development and implementation of multiple target market strategies by credit card issuing
companies. The results of the study offer important managerial and public policy implications
for decision makers at banks, financial institutions and other credit card dispensing firms.
Copyright © 1996 Elsevier Science Ltd
Key Words -- Credit Card, Consumer Choice, Conjoint Analysis, Services Marketing.
Ali Kara is an Assistant Professor of Business Administration at Pennsylvania State University
at York. His articles appeared in publications such as Journal of Advertising, International
Journal of Research in Marketing, Journal of Global Marketing, the International Journal of
Management Science, Journal of Applied Business Research, Journal of Euromarketing,
Management International Review and the International Journal of Bank Marketing. He
teaches variety of quantitative business analysis and marketing courses at the Penn State York
Campus.
Erdener Kaynak is Professor of Marketing at the School of Business Administration at
Pennsylvania State University at Harrisburg. He is an author or co-author of 20 books and
more than 200 articles some of which have appeared in Journal of Business Research, Journal
of Advertising Research, Journal of the Academy of Marketing Science, Management
International Review, Columbia Journal of World Business, Journal of Global Marketing,
European Journal of Marketing and many others. He has been a training advisor, consultant
and senior advisor in five continents at over 25 countries. His latest project assignment was a
UNDP sponsored project in Kyrgyzstan. Dr Kaynak has also received a number of scholarship
and distinctions nationally as well as internationally. The most recent one is a Fellowship of
the Japanese Society for the Promotion of Science.
Orsay Kucukemiroglu is an Associate Professor of Business Administration at Penn state
University, York Campus. He has published over a dozen diverse journals such as Decision
Sciences, Management International Review, European Journal of Marketing, Journal of
Business Ethics, Journal of Professional Services Marketing and etc.
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