7 Ways To Holiday Savings Using Credit Cards

MoneyTips

Do credit cards and the holidays spell trouble for you? Credit cards and holiday spending can be a dangerous combination – but it doesn't have to be. Look at your credit cards as financial tools that can help you save money as well as spend it.

Here are seven ways to use credit cards to increase your holiday savings.

1. Lay Out Your Holiday Credit Budget – A budget is the key to prevent overspending – and it's also the way to avoid approaching your credit card limit. Maxing out a card will not only harm your credit score, it also increases the chances you'll carry a balance. Save on interest charges by keeping balances low – or eliminating them entirely. You can check your credit score and read your credit report for free within minutes by