Marqeta report flags shift to multi-provider credit use, opening door for flexible card credentials

Marqeta, Inc.

Marqeta, Inc.

MQ

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  • Marqeta published its 2026 State of Credit Report, arguing static single-product credit programs no longer match consumer or SMB behavior in the US, UK.
  • Survey of 4,000 consumers, 1,000 SMBs shows multi-provider use is common; 57% of cardholders carry more than one credit card.
  • BNPL use persists alongside cards; 79% of BNPL users keep using it despite credit card access, signaling additive demand.
  • Interest is rising in “flexible credentials” that switch debit, credit, BNPL; 48% of consumers aged 18-44 are interested.
  • Report flags retention risk in credit transitions; 63% of denied applicants got no alternative offer despite 60% interest in credit-building products.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marqeta Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260602587438) on June 02, 2026, and is solely responsible for the information contained therein.

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