Here is a roundup of WalletHub’s recent holiday studies and reports (follow the links for more info):
- JCPenney, Belk and Macy’s are 2024’s Best Places to Shop on Black Friday, offering an average discount of at least 57%.
- Around 18% of items at major retailers will be more expensive on Black Friday than their current Amazon.com prices.
- Jewelry will offer the most value on Black Friday 2024 relative to their current prices, while computers & phones are expected to have the least rewarding deals.
- 68% of people say Santa will be less generous this year due to inflation, according to WalletHub’s 2024 Holiday Shopping Survey.
- Amazon, Target and Sephora top the list of 2024’s Best Gift Cards.
- Consumers can save $200+ with one of 2024's Best Credit Cards for Holiday Shopping.
- Some consumers already have access to little-known credit card benefits that can come in handy over the holidays, including price-drop protection and coverage for damaged or stolen items.
- 100% of store credit cards do not charge an annual fee, and the average card with an initial discount for new cardholders gives 21.19% off, according to WalletHub’s 2024 Store Card Landscape Report.
- 38% of the major retailers offering 0% financing use a dangerous feature called deferred interest, which has the potential to make holiday purchases up to 27.5 times more expensive than expected.
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