For the first time in twenty years, credit card purchases took over debit cards. According to the Nilson Report, credit cards accounted for 52.82% of spending in 2012 compared to 47.18% for debit cards. The Nilson Report also predicts that credit card transactions will be up to 54.72% by 2017.
If you have credit card debt and are struggling to pay it down, consider settling the debt and switching to debit cards. You may not get points, but it is better than suffering under absurdly high interest rates and late fees.