New Delhi, March 4 -- Total credit card expenditure in January 2025 declined to Rs.1.8 trillion, reflecting a 2 per cent month-on-month decline and a 14 per cent year-on-year jump.

Notably, the month-on-month decline in credit card expenditure can be attributable to a base effect since December saw elevated spending on account of year-end and new-year-related expenditures.

Transaction volumes similarly declined, reflecting a 1 per cent month-on-month dip to 430 million despite sustaining a 31 per cent year-on-year growth, according to monthly credit card insights data shared by Asit C Mehta Investment Intermediates.

The average expenditure per card fell by 1 per cent month on month to Rs.16,911, although it showed a marginal 1 per cent...