Travis Ledbetter with Arvest Bank shares helpful tips on how to be wise with credit card purchases during the holidays.

-Write down a holiday budget before you begin spending.

-Do not ignore your statement until after the holidays. Keep tabs on how much you are spending throughout the month.

-It’s a good habit to check your account frequently to be aware of any fraudulent charges.

-Know the difference between a debit card and a credit card.

-It’s best to pay off your monthly balance. If that is not possible, try to pay off more than the minimum requirement to reduce interest costs.

-If you use your card for big purchases, such as traveling, find a card which offers good rewards.

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