Sharp rise in credit card spending among women

MasterCard, VISA and Maestro credit cards are seen in this picture illustration taken June 9, 2016. REUTERS/Maxim Zmeyev/Illustration

PETALING JAYA: Credit card spending among Malaysian women has risen sharply over the past five years, indicating an increase in their earning power.

Data tabulated by United Over­seas Bank (M) Bhd (UOB) revealed that women cardholders spent 125% more on their cards last year than in 2011.