Today, credit cards are a way of life and we simply can’t do without them. They have gone as far as being such a huge contributing factor to our economy that it’s hard to imagine life without them. They are firmly the wheels that keep the economy alive and kicking, and many cardholders really depend on them.

For older citizens, however, credit cards may be confusing. Senior citizens did not grow up with credit cards in the way that many younger people did. In addition, senior cardholders may have different needs than the average credit card user. 

According to NCOA, that’s the National Council on Aging, around 60% of the 60-year-olds and above are in debt. And, most of that debt is credit card debt. So, we credit this guide to help senior citizens cardholders use their cards responsibly and to their advantage.

Shred All Receipts With Your Credit Card Number

If you’re young know, even without a reminder, that you can’t leave your credit card information out there for the public to access. The senior citizens, on the other hand, need to be reminded that they shouldn’t do that either. Whatever your age, never leave your receipt unshredded.

When you shred that receipt with your credit card number and other info about your card, it makes it harder for criminals to get a hold of your credit card. Your card may be used for criminal activity if you keep on leaving your receipt unshredded. Also, you may incur more debt, if the unscrupulous person uses the card for a shopping spree. Responsible cardholders always protect their credit information.

Unless You Initiate The Call, Never Give Out Your Card Info

It has to be stressed out that unless you’re the one who initiated the call, never give out your credit card info. When you are the one initiating the call, it means you called the right number that’s at the bottom of your card. Some scammers may call you and pretend like they are the issuer and ask for information on your card.

Be Skeptical

Especially, when it comes to offers, always be skeptical of them until you do your own research conclusively. When it comes to cards, anyone can be scammed, but you’re a vulnerable target since you’re a senior citizen. Be skeptical of all offers at first, until you can validate them.

When you find out that they are true and the offer does exist, don’t be in a rush to jump at it. Take your time to find out if it suits you. Sometimes we are too careful of the scammers out there that when we find out the offer is real we just jump at it.

But that can be detrimental too. You need to find out if the offer works for you or not, if it brings any value to your financial life or not. You certainly don’t want to incur more debt, in the name of offers.

Stay Involved

One thing you don’t want to do is stay isolated from people. This usually happens when you feel you’re getting it all wrong when it comes to your credit card. At times you leave your kids to take care of your credit card without getting involved.

But it’s good to stay involved with what’s going on. That’s how you won’t get into a bad situation. It then helps you understand more of the new traits being used by the younger generations when it comes to credit cards.


The perks you read about that are associated with credit cards can and should be redeemed. Whether it is converting them to miles or gift cards or cash, they should be used. After all, you did earn them. Most seniors just spend, spend, and spend some more on their credit cards without redeeming the perks that come with the spending. However, using rewards is the main benefit of having a credit card.



Credit cards are the cornerstone of the American economy, and maybe other economies too. And, senior citizens aren’t exempt as they too use them for their daily spending. These are just some of the tips and practices they should adapt to ensure the cards don’t become a burden to them in their old age. In fact, there are great tips for all cardholders, no matter their age.

*Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.