4 Reasons to Use Your Credit Cards This Holiday Season -- and One Major Reason Not To
Love 'em or hate 'em, you can't argue with the fact that credit cards play a major role in fueling the holiday shopping season. Last year, an estimated 50% of Americans used major credit cards, or store cards, to purchase their holiday gifts, according to a NerdWallet study. With the average shopper expected to spend over $800 this holiday season, as per the National Retail Foundation, it pays for consumers to use credit cards so they can reap the benefits involved. Here are just some of the perks you might enjoy by paying with plastic.
If someone were to walk over to you and hand you $20 just for living and breathing air, would you take it, or say "no thanks?" Chances are, you'd snap it up in an instant, and you wouldn't be wrong. Using your credit card will basically result in the same type of scenario. Since most cards offer some sort of rewards or cash-back program, you'll get free money for buying the things you were already planning to get by charging your purchases this season instead of paying cash.
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Source: Fool.com
