MANY time-poor shoppers are opting to buy online for convenience and cheaper costs, a new analysis has found.
Less-organised shoppers have just two weeks left to fill their Christmas stockings, so the pressure is on.
The analysis by St George Bank found the main motivator for shopping online is convenience (56 per cent), followed by better prices (42 per cent) and 24/7 availability (28 per cent).
But surprisingly when shoppers do shop online about 16 per cent hide the purchases from their partner.
St George Bank general manager Ross Miller said while many shoppers turned to credit or buy now, pay later schemes to get through Christmas, they should keep their budget in check.
“Only 10 per cent indicated to us they are using Afterpay or Zip Pay and the good news is four in five are linking this to their bank account,” he said.
“But one in five are linking their payments to a credit card. We would encourage those people to think about setting up a splurge account.”
Mr Miller said establishing a splurge account was a good way for shoppers to manage their money, so if they paid using buy now, pay later schemes they could pay for them with ease.
Users of these schemes do not pay interest charges if they fail to meet the strict repayment criteria, but they do cop fees and charges if they do not.
Recent Australia Post figures suggest shoppers will buy 30 per cent more gifts online this Christmas compared with last year, and toys and games will be the most popular category.
In the week before Christmas it expects to deliver more than 10 million parcels.
Australia Post chief operating officer Bob Black said online shoppers needed to factor in delivery times to ensure their presents arrived before Christmas.
“The longest turnaround time for regular parcel post is five to six days, so to ensure that items are received in time for Christmas, customers must lodge their parcels by Monday, December 17,” he said.
“We recommend that customers also check the delivery time frames on the websites of their favourite online retailer to ensure their gifts are delivered in time.”
Customers will also pay a premium if they leave it to the last minute, with express post charges higher than standard post.
Shoppers should get express post items off by 1pm on Friday, December 21 to ensure they arrive before Christmas Day.
Originally published as Christmas postage deadline dates