Updated October 11, 2012

Obama vs Romney: Who Do You Trust More with Your Credit Card?

Would You Trust Mitt Romney with Your Credit Card?
Read more about Pocketbook Politics

Both presidential candidates are asking you to trust them with the country's economy, but would you trust them with your credit card? For many, the answer to that question is "no," according to a new exploratory survey by CreditDonkey.com.

Over a thousand shoppers were asked who they would trust more with their credit card information: Barack Obama or Mitt Romney. Almost half, some 48.5% said that they would trust neither more than the other. Shoppers were most suspicious of the former Massachusetts governor: only 8.8% of respondents said they would trust Romney more with their card info. President Obama, on the other hand, received a more favorable response: 42.7% said they would trust Obama more with their card information.

Who do you trust more with your credit card information?
Who do you trust more with your credit card information? © CreditDonkey

American voters seem uneasy with the thought of Romney getting his hands on their plastic. The verdict is out whether this is because of his refusal to release additional tax returns, or just because he is less familiar to people than the sitting president.

The results should concern the Romney campaign, which has attempted to shift the focus to Americans' economic worries and Obama's handling of the U.S. economy during his tenure as president. If nothing else, Americans are more wary of sharing personal information with Romney than Obama, suggesting that he has not won the public's trust quite yet.


Trust in Politicians Continues to Splutter

The lack of trust in politicians has meant that voters are trusting political ads less, according to the National Journal. As a result, Democratic pollster Celinda Lake says, "people are so alienated from politics right now that when they see real people talking, it's much more persuasive."

Trust, particularly trust with the economy, has become a central issue for the presidential race. Romney has faced intense pressure on his personal finances, with Democrats urging the candidate to release more tax returns. Meanwhile, first lady Michelle Obama has recently said at the Democratic National Convention that her husband is "a man we can trust" to revive the nation's economy.

Republicans have countered that Obama has failed to deliver the economic recovery that America so badly needs, and that he can no longer be trusted with the nation's finances.

Who do you trust more with your credit card information?

CreditDonkey.com conducted the online survey between August 20, 2012 and September 2, 2012. In total, 1,022 consumers in the U.S. aged 18 and older answered the question, "Who do you trust more with your credit card information?"

Editor's Note: No weights were applied. For your convenience, our survey demographics are below. You might find it convenient to compare it to the 2008 Election Population Demographics. In general, respondents to our online survey skewed younger.

  • Gender: 47.68% of respondents male; 52.32% female
  • Age: 31.47% of respondents 18-24; 39.51% 25-34; 15.98% 35-44; 7.55% 45-54; 4.41% 55-64; 1.08% 65+
  • Household Income: 56.58% of respondents less than $50k; 33.69% less than 100k; 7.27% less than 150k; 2.46% more than 150k
  • Highest Achieved Education Level: 1.08% of respondents some high school; 13.63% high school graduate; 33.14% some college (no degree); 10.69% associates degree; 31.18% bachelors degree; 10.29% graduate degree

Mike Foster is a contributing writer at CreditDonkey, a credit card comparison and reviews website. Write to Mike Foster at mike@creditdonkey.com

More Articles in News

    Infographics: Pocketbook Issues and Presidential Politics

    Pocketbook Issues and Presidential Politics

    By Annette O'Connor - Tips for Credit Check
    The health of the national economy and personal pocketbook issues are important to the voters who go to the polls in November 2012. We created an infographic to analyze the weight of economic stress that may be felt by voters depending on where ...

Leave a comment about Obama vs Romney: Who Do You Trust More with Your Credit Card?

Email (won't be published)


Bank Promotions Survey

Banks are increasing their promotions, but is it enough? The team at CreditDonkey surveyed over 1,100 Americans to find out what it would take for them to switch to another bank. The answer may surprise you.
More Articles in News

About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.