In New Zealand, 40% of people prefer cash for small transactions (Bank of New Zealand, 2019)

Apr 8, 2019

In New Zealand, 40% of people prefer cash for small transactions, finds Bank of New Zealand.

The Consumer Insight Special Report, published April 2019, explores whether economic backgrounds impact cash use, and finds that while they do matter, the outcome is not uniform.

Key findings

People in New Zealand carry around $70 in cash on average
Men carry more cash than women ($89 v. $52)
39-49-year olds carry the most cash about $79