Compare Credit Cards with CardSmart

Everyone is shopping online this Christmas

More than half of Christmas shoppers plan to buy their gifts online this year rather than brave the high street, a survey shows.

More from Spending Money
12 December 2008

Everyone is shopping online this Christmas

Everyone is shopping online this Christmas

As many as 60% of shoppers will be staying at home to shop this Christmas.

The research, conducted by credit card company Egg, revealed a desire to save money and take advantage of online offers was behind the switch.

As many as 60% of shoppers will be staying at home to shop to avoid the “urge to splurge” on impulse purchases on top of planned gift purchases.

Many of those polled also admitted drawing up a strict yuletide spending plan to avoid wasting cash and to only buy gifts that family and friends would appreciate.

The Egg poll revealed that 41% of people believe they have “extra control” when shopping online as they can avoid the tricks employed by retails to encourage them to spend more.

Egg spokeswoman Vanessa Wood said: “Online shopping is increasingly popular.

“People see it as a way to rein in their spending and resist the temptation to impulse buy.”

She added that online shopping was an “ideal solution for those who find the Christmas crowds stressful”.

Internet shopping also offers other ways to save. Voucher code websites have become increasing popular. Sites like www.vouchercodes.co.uk offer hundreds of codes that when entered on the checkout screen provide savings of up to 50% on purchases.

High street retailers have also cottoned on to the online trend. This year, House of Fraser, Boots and Marks and Spencer are all offering 3 for 2 deals on gifts while other online stores are climbing over each other to offer the best deals.

The catalogues of yesteryear have also moved online and remain a popular way to buy gifts with the cost spread over a long period at 0% interest.

Gift vouchers can also be bought online, printed out and inserted into Christmas cards.

Oxfam's Unwrapped promotion aims to make donations trendy this Christmas. They have a well-stocked online store with a variety of gift ideas that help the needy.

Written by ©

Best Buy Credit Cards

Credit Cards 0% Balance Transfers 0% Purchases APR Representative (Variable)
Tesco ClubCard Credit Card Logo Tesco Bank Logo Tesco ClubCard Credit Card Apply
9 months 15 months 16.9%
** 16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable). **
Virgin Credit Card Logo Virgin Money Logo Virgin Credit Card Apply
20 months 3 months 16.8%
** 16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable). **
Barclaycard Platinum with BT Logo Barclaycard Logo Barclaycard Platinum with BT Apply
22 months 3 months 17.5%
** 17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable). **
Compare More Credit Cards...

Categories

Credit Card News Archive

Some important information about this page

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.

Copyright © CardSmart Ltd 2009 - 2011. All Rights Reserved | Privacy Policy | Terms

"CardSmart" and the CardSmart logo are registered trademarks of Square One Ventures Ltd.