A new LendingTree report finds nearly three out of four credit cardholders are sitting on unused cash back and points, and many have $100 or more just waiting to be used.
Before you spend more, check your rewards balance.
Also, 15% of shoppers let unused retail rewards go to waste. you could use those for gifts.
If you are feeling rushed, here's good news. According to the financial technology company Chime, seven in 10 Americans say they'd rather get cash, especially Gen Z preferring money over traditional gifts.
You can also consider shared experiences, trips, concerts, or local getaways.
Finally track, what you're spending on gifts. Chime found only 41% of Americans check their account balances every day during the holidays. Those small purchases add up fast.
Check out the full report here: https://www.lendingtree.com/credit-cards/study/unused-cash-back-points-miles/