Consumers would be more likely to increase their spending if paid more than if their interest or tax payments were reduced, according to a survey commissioned by Visa U.S.A.

Of 1,000 credit card holders polled in March by the Gallup Organization, 30% said a 5% increase in pay would encourage them to spend more. By contrast, 10% said a reduction of credit card interest rates to 14% would do the same. Twelve percent said a 5% reduction in taxes would help.

Nearly three-quarters of the consumers said credit cards are at least somewhat important to them; 40% deemed them extremely or very important.

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