Chile’s cash use has rebounded since pandemic, survey finds

Cash remains the primary payment method for small purchases, though card use has risen

Central Bank of Chile
Central Bank of Chile
Photo: Central Bank of Chile/Flickr

Surveys conducted by Chile’s central bank find that cash use has returned to pre-pandemic levels, but respondents report a growing preference for debit card transactions.

The proportion of people using cash more than once a week fell from 75% in 2019 to a low of 60% in 2021. This figure rose to 79% in 2022.

However, debit card use has risen steadily, from 44% in 2018 to 83% in 2022. Debit card use rates first exceeded cash in 2020.

Consumers’ preference for cash remains below its pre-pandemic

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account