Card spending grew by 0.9 per cent in April to reach £50.7 billion, the second month in a row where total spending passed the £50 billion milestone, according to the latest figures from The UK Cards Association.

Consumers used their cards almost 25,000 times a minute last month, with a total of 1.08 billion purchases in April. Over three-quarters (76.6 per cent) of transactions were on debit cards, as debit spending growth continued to outstrip that on credit cards. Overall, payment cards accounted for 75.5 per cent of total retail spending.

More than one in ten transactions (11.4 per cent) were made online, with a total of 121 million internet purchases occurring in April. Over a quarter (28 per cent) of all online transactions were made on entertainment.

As the average value of an online transaction (£95.22) was more than double that for face to face transactions (£41.84), internet spending accounted for 22.7 per cent of all card expenditure, at £11.5 billion.

Richard Koch, Head of Policy at The UK Cards Association, commented:

“With the highest employment rate since 1971, strong consumer confidence and driven by debit cards in particular, we’re seeing card spending continue to grow. Over £380 million is now spent on the internet every day, showing how significant cards are in creating new opportunities for online retail.”