(BPT) - 'Tis the season to shop wisely, and your credit card can be a powerful tool in navigating the holiday spending landscape. Beyond being a convenient and safe payment method, credit cards offer many benefits for consumers to leverage during their holiday shopping. Whether you earn travel miles or cash-back rewards through your credit card, the holidays are a great time to maximize your credit spending while also ensuring financial responsibility. Take a look at the three best ways below to utilize your credit card during the festive shopping season.

1. Maximizing Credit Card Rewards

We're sure you've heard of a multitude of options available in terms of rewards when applying for a credit card. Choosing a credit card that offers generous rewards for purchases allows you to gain points and miles, which can then be redeemed for discounts or freebies. These credit cards present a valuable opportunity to offset holiday expenses, effectively turning your spending into savings!

By strategically choosing when and where to use your card, you can maximize these rewards, ensuring you get the most value for every dollar spent. It's a smart and savvy way to make your holiday shopping not only enjoyable but financially rewarding.

If you're planning to travel during the holidays, using a credit card that offers great miles is also extremely beneficial. Nowadays, many airlines and payment networks collaborate on co-branded credit cards that offer great perks. You can beat the holiday rush by having access to security lines and airport lounges.

2. Utilizing Cash-back to Your Advantage

Cash-back programs offered by credit cards allow shoppers to earn a percentage of their spending back in the form of real money or statement credits. Many co-branded credit cards today offer great cash back which can be a helpful tool to offset expensive costs. It's also helpful to save the accumulated cash back over time, allowing it to grow and serve as a financial cushion or contribute toward larger financial goals. Choosing the right cash-back rewards program can help you save money and ensure your credit score stays high. Whether purchasing gifts, decorations, or holiday feasts, the cash back earned serves as a valuable bonus.

3. Building Your Credit

Building your credit by using a credit card during holiday shopping can be advantageous for consumers in several ways, such as improving your credit score, establishing a good credit history, and enhancing security measures.

Responsible credit card usage during the holiday season contributes positively to your credit history, demonstrating to creditors that you can manage credit responsibly. Timely payments on your credit card can boost your credit score over time, opening doors to better loan terms, lower interest rates, and increased financial flexibility in the future.

Credit cards often come with robust fraud protection measures. Using your credit card for holiday shopping can enhance security, and if unauthorized transactions occur, you are typically not held responsible for fraudulent charges.

Overall, the holidays are a great time to prioritize using your credit cards to ensure a financially rewarding and responsible experience. By maximizing your rewards and cash-back opportunities you can make larger purchases for your friends and family, while also building an effective credit history.