With Christmas just around the corner many people will now be thinking about how they will find the cost of the festive season in terms of paying for things like gifts, clothes, entertainment and food. For many, using savings is not an option, as they have not been able to save up money in preparation for Christmas because of the difficult financial climate. Many of these people will be looking at alternative methods of funding such as finance.

Whilst many people will have to turn to finance in order to fund the cost of their purchases over the festive season it is important to choose the right form of finance in order to avoid getting into debt over the Christmas period. Some people decide to go for things like store cards and overdrafts, which can really bump up the cost of Christmas if you are planning to spread your repayments.

The best option for those that do not want to get into huge amounts of high interest debt but do want to spread the payments on the cost of Christmas is an interest free purchase credit card. These cards offer a generous interest free period, which will enable users to repay the balance over a relatively length period such as twelve months without having to pay a penny in interest.

Of course, there are also people that will be looking to repay what they spend over the Christmas and New year period in one go once Christmas is over. Interest free cards will be pretty pointless in this situation, as no interest will be charged anyway if the debt is being repaid within the standard interest free period. In this situation a rewards based credit card can prove useful, as it means that you can earn rewards on your spending.