For those who prefer credit cards over cold hard cash this holiday - experts say cards offering one point per dollar is out of season.
"Looking for cards that offer one and a half or two points per dollar spent is really the way you want to go."
What if you`re looking for travel rewards?
"Right now the industry is kind of a buzz with a new card that was introduced a few months ago called the chase sapphire reserve."
A big perk - access to airport business lounges, which offer free food and drink before you fly; however, the card is costly. When it comes to air travel, if you`re a frequent flyer on United, Frontier and Southwest - each has a card with perks, points and bonus miles as well as sign up bonuses.
Experts say go for the greatest bonus you can get - but others need to be cautious.
"If you're an inexperienced credit card user, you don't want to be lured into a product that might not be right for you."
To make any of these programs work there are a few simple things to know - like how many cards to carry. When you get your statement, pay it off in full. That way you'll benefit the most from reward programs. If you can't, look for interest - free balance transfers to help you pay it down. Remember to always do your research and carefully read over the terms you`re agreeing to - to earn the most pennies with your plastic.