Online Credit Card Users Spending Most On Food

THANKS FOR SPENDING PART OF YOUR THURSDAY WITH US ON MID- MORNING THERE'S A NEW SURVEY BY CREDITCARDS

COM THAT SHOWS PEOPLE ARE SPENDING MORE MONEY ONLINE WE ALL KNOW THIS WE'RE ALL DOING IT WE'RE AWARE BUT THE SURVEY SHOWS PEOPLE ARE USING THEIR CREDIT CARD MOST TO BUY FOOD

VERY INTERESTING GROWTH IN A CATEGORY THAT REALLY DIDN'T EXIST WHAT, FIVE YEARS AGO? THE ONLY TIME YOU'D USE YOUR CREDIT CARD FOR FOOD MIGHT BE WHEN YOU WERE OUT TO EAT LITERALLY AT A RESTAURANT; RIGHT? NOW 26% OF PEOPLE SAY THEY ARE BUYING GROCERIES ONLINE ONCE A WEEK ONE IN FOUR PEOPLE BUYING GROCERIES — WHICH I HAVE NEVER DONE WE'VE GOT THREE PEOPLE HERE AND ONE IN THREE THAT HAVE DONE IT AND THAT WOULD BE ME SO YOU'RE THE GROWTH INDUSTRY HERE

I AM THE DRIVER IS THE TIME SAVING THE DRIVER IS THE TIME FOR ME YOU CAN JUST GO ONLINE, ESPECIALLY — IT'S EASY ESPECIALLY IF YOU BUY THE SAME STUFF OVER AND OVER AGAIN I KNOW I'M ALWAYS GOING TO NEED MILK, YOGURT, EGGS, STRAWBERRIES

I JUST PUT IT IN THERE AND IT CAN BE DELIVERED TO YOUR HOUSE I A LOT OF TIMES WILL GO PICK IT UP THAT'S EVEN QUICKER THAN IF YOU'RE GOING TO THE STORE TWO OR THREE TIMES A WEEK THE 40 MINUTES YOU'RE SPENDING THERE THAT'S LIKE 40 MINUTES AWAY FROM SCREAMING KIDS IN YOUR HOUSE IF YOU CAN DIVIDE AND CONQUER

THE GROCERY STORE IS DELIGHTFUL I LOVE THE GROCERY STORE PUT MY HEADPHONES ON TIME TO MYSELF I LIKE TO TALK TO THE DELI — I LIKE TO TALK TO EVERYBODY

THERE YOU GO THE OTHER THING I DON'T DO IS TAKEOUT THAT'S ANOTHER BIG PART OF THIS SO MANY PEOPLE ARE GETTING TAKEOUT ESPECIALLY DELIVERY

IT'S THE SAME THING THAT'S DRIVING THE GROCERY THING, DON'T YOU THINK, MATT? CONVENIENCE; RIGHT? YOU DON'T HAVE THE TIME TO MAKE A MEAL YOU DON'T HAVE TIME TO GO TO THE GROCERY STORE SURE IT'S EFFICIENCY CREDIT CARD COMPANIES WANT YOU TO BUY THEIR CARDS? WHAT THEY'RE TRYING TO PUSH — A LOT OF THESE CREDIT CARDS ARE OFFERING REWARDS FOR FOOD OR SOMETHING LIKE UBER OR TRAVEL OR AIRLINE TICKETS

THEY WANT YOU TO HAVE THESE DIFFERENT CARDS I'M GOING TO USE THIS FOR FOOD, THIS FOR TRAVEL THAT'S HOW YOU GET YOUR POINTS WE HAVE A VISA CARD WE USE FOR TRAVEL AND DINING BECAUSE THERE'S MORE POINTS THERE THEN WE HAVE AN AM EX CARD WE USE FOR CASH BACK GASOLINE OR RECURRING UTILITY PAYMENTS OR THINGS LIKE THAT

WE TRY TO MAXIMIZE OUR REWARDS BOTH ARE NO FEE I DON'T PAY A FEE FOR A CREDIT CARD YOU WANT TO TAKE A LOOK AT MY CREDIT CARD THERE'S STRATEGY

FIGURE THIS OUT FIVE TIMES THE POINTS FOR CERTAIN CARDS?