For holiday spending, most Americans say charge it

Credit cards are still king when it comes to paying for holiday purchases, though their dominance is slipping a bit.

Discover surveyed more than 2,000 U.S. adults about which payment methods they'll use most this holiday season. About a third (32 percent) indicated credit cards would be their go-to payment method, with debit and prepaid cards in a close second at 29 percent.

Among those who said they'll use credit cards the most, 42 percent said rewards, points and miles are the biggest driver behind their choice.

Discover Financial Services has been conducting its annual holiday shopping survey since 2004. This year's survey was released Nov. 20.

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Infographic: For holiday spending, most Americans say charge it

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Poll: Americans plan
holiday gift thrift

Our holiday spending survey finds frugal gift-giving is in, with only 53 percent of consumers planning to shell out $50 or more for their most-expensive gift this year. Thirty-five percent will spend less than $50 on their priciest present.

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Updated: 12-13-2017