The average consumer plans to shell out $1,778 on holiday expenses this year, according to Deloitte’s 2024 holiday retail survey. However, the same survey also noted that “all income groups are showing signs of frugality,” indicating that households continue to feel pressure from inflation.
While searching for the best deals, remember that strategic use of credit cards can rev up your rewards — rewards that can translate into meaningful savings. And here’s more good news: Saving with a credit card isn’t as hard as you think. Taking just one or two steps can give your holiday budget more breathing room.
Here are six tips to turbocharge your credit card rewards this holiday season.
1. Open a credit card
Many credit cards offer sign-up bonusesin the form of points or cash when you open a card. The catch: To earn the welcome offer, you must spend a certain amount of money on the card within a set time frame. The holiday …