If it seems like everyone has a credit card these days, it’s because most people do. Sixty-seven percent of Americans have at least one, according to Experian’s 2019 Consumer Credit Review. * Choosing to open a credit card account may seem like a no-brainer. After all, credit cards are a convenient way to pay for the things you need. And they’re safer and more secure than carrying around a stack of cash. Plus, if you don’t have enough money to cover a purchase, you can use your card to buy it, right?