A survey into the attitudes of credit card holders has exposed the extent of public apathy over excessive interest rates.
The poll showed that only ten per cent of people were happy with their current credit card - and yet 58 per cent would be reluctant to switch to one offering lower interest.
It shows that the most common reason for failure to switch was that people simply couldn't be bothered.
In fact, switching credit cards to get a lower rate features high in the league table of things people choose to put off, according to the study by Taylor Nelson Sofres for credit card giant Capital One.
It takes seventh place in the apathy table, with 16 per cent of people citing it as one of the tasks they would want to defer. This was below the 46 per cent who mentioned housework.
As well as apathy, ignorance plays a part in consumers' reluctance to switch credit cards, with 70 per cent not knowing what …