How you pay for your holiday purchases may be just as important as how much your spend.
But for now, BNPL loans are not subject to the same regulations that apply to credit or debit cards and there are fewer purchase
protections, including the ability to dispute a charge if you bought a good or service that wasn't delivered as promised.these days, but there may be some advantages when it comes to gift buying, according to Rossman, including being able to make a purchase for a loved one under the radar. Also, merchants increasingly are promoting cash transactions to avoid credit card transaction fees, so, in some cases, paying with cash can shave roughly 3% off the purchase price.There's been a backlash about credit card processing fees," Rossman said."One of the levers merchants pull is offering a cash discount."
Rossman advises shoppers to do the math: Saving on the processing fee could exceed what your credit card offers in cashback rewards."Especially if it's a big-ticket item, that could really add up,In addition to the potential savings, relying on cash or a debit card can help you stick to a budget, other experts say. Stashing cash in an envelope for holiday gift buying is an age-old hack to stay disciplined in your spending.Of course, you don't need an actual envelope.
"Some find it helpful to have multiple checking accounts with smaller amounts of cash, then you can have debit cards dedicated for specific purposes," Moore said.
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