VIDEO: Cash Is King For American Holiday Shoppers

Seven in 10 American shoppers are using either cash or a debit card to pay for most of their holiday shopping this year. According to a survey of 1,000 shoppers by Bankrate.com, 39 percent of Americans plan to buy gifts with cash, up slightly from last year. Thirty-one percent will use a debit card and just 22 percent say they'll put most of their holiday purchases on a credit card.