Want to make the season merry by racking up points you can cash in for a post-holiday spa vacation or the one gift you didn’t find under the tree? It’ll be easy if you strategize to make the most of your holiday spending.
Holidays are a great time to grow your rewards stash because companies dangle extra opportunities to earn, says Alex Miller, founder and CEO of the rewards site UpgradedPoints.com.
“There are a lot of stores out there, and tons of choices for which credit card to open or use, so both issuers and stores try extra hard to get you to pick them,” he says.
That makes sense because so much money changes hands during the holiday season, and the average U.S. consumer banks on spending about $1,000 on the festivities – from the gifts to the holiday feast and the décor that will deck the halls. Of course, some get carried away playing Santa and go over their budgets as well.
These five tips will help you use that flurry of competition to your advantage and ring up extra rewards this holiday season.