Fortunately, Raheel Ahmed, the Head of Consumer Products, shared his tips on how consumers can make the most of their shopping options ahead of Christmas.

This of course started with ensuring consumers get up to date with their section 75 cover but he then moved on to budgeting concerns.

Spread the pressure

Many consumers likely think of Christmas as a large one off expense and/or period but Raheel explained this need not be the case: “The festive period is an expensive time and many of us budget for it months in advance.

“However, for Christmas shoppers who may have struggled to save as much as they’d like this year, if they have a credit card and can afford the repayments, they could benefit from putting festive spending on it, and paying their balance off over the following months.

“If managed carefully, credit cards can provide a useful way of spreading the cost of Christmas in 2021.”

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