Men are Top of the Tree When it Comes to Christmas Giving for Partners This Year

CHESTER, England, November 19, 2015 /PRNewswire/ --

 

• Men plan to outspend women on their partner's presents by an average of £67
• Only one in five plan to stick rigidly to the Christmas budget they set for their partner
• The £500 million^[1] spent every day on credit cards during December last year could be eclipsed in 2015, as men are set to opt for jewellery and perfume and women opt for new clothes for their partners
• MBNA study reveals that - unlike savvy seniors - many under-35 couples remain unaware of the added consumer protection offered by credit cards over debit cards

The nation's men look set to outspend women this Christmas, according to new research launched today (19 November 2015).

An in-depth study into the Christmas spending habits of more than 2,000 UK couples^[2], commissioned by leading UK credit card company MBNA, reveals that men are expected to outspend women by some £67 this Christmas, spending an estimated £232 on festive gifts this year, compared to £165 by women.

     (Photo: http://photos.prnewswire.com/prnh/20151119/289245-INFO )

Only one in five (21 per cent) thrifty men and just 18 per cent of women are planning to stick rigidly to the Christmas budgets they set for their partner this year, revealed the in-depth study developed in partnership with research specialists Consumer Intelligence.

Of the top five gifts for each of the sexes in 2015, jewellery and perfume top men's gift list spending, with women planning to spend most on clothes, underwear and aftershave for their partners^[3]. Despite there being only a few weeks until Christmas, one in five (19 per cent) people still have no idea what to buy their loved one.

Women: most popular Christmas purchases for their partners in 2015     

• Clothes (44 per cent; most popular)
• Aftershave (17 per cent)
• Underwear (16 per cent)
• Entertainment tickets (10 per cent)
• Vouchers (6 per cent)

Men: most popular Christmas purchases for their partners in 2015     

• Perfume (37 per cent; most popular)
• Jewellery (32 per cent)
• Clothes (30 per cent)
• Underwear (14 per cent)
• Vouchers (11 per cent)

With more than £500 million expected to ring through tills in credit card retail sales across the country every single day in December^[1], MBNA is gearing up for the busy festive shopping period.