New Delhi, Oct. 27 -- Over 42% of credit card users spent more than Rs.50,000 on festive shopping this year, highlighting a growing appetite for high-value purchases, according to a survey. Around 22% of the respondents spent between Rs.50,000 and Rs.one lakh, while 20% spent above Rs.1 lakh on their credit cards during Diwali.

The survey by Paisabazaar, which covered more than 2,300 respondents, revealed that home appliances (25%), mobiles, gadgets and accessories (23%), and apparel (22%) were the top three credit card spending categories in the festive season, followed by furniture and decor (18%).

Gold and jewellery also accounted for 12% of credit card spending during Diwali. The survey indicated increasing use of credit cards to ma...