"credit cards"Roses are red, violets are blue, Valentine’s Day can be expensive, but your credit card can help you! According to the National Retail Federation, not only are consumers expected to spend an unprecedented $17.6 billion on Valentine’s gifts this year, but also the $126.03 that each lovesick reveler is expected to shell out represents an 8.5% increase over last year.

Given that the 10 largest credit card issuers control nearly 80% of the market, any special Valentine’s Day promotions they offer would certainly help people get the most out of the money they spend in the name of love this year. Card Hub surveyed these issuers to find out whether there will be any such promotions, and you can find a list of the identified deals below:

• American Express: Amex has partnered with celebrity gifting expert Julie Kenney to create the American Express Platinum Card Concierge Gift Guide, a list of “unique and surprising gift ideas.” The Top 10 gift ideas are available to the public here, but the full guide is reserved for Platinum Cardmembers. Platinum Card Concierges will help with sourcing these gifts and making sure they’re delivered on time. All other Amex cardholders with Membership Rewards can get extra points on flowers and jewelry, and BlueNile through Amex’s online shopping mall.

• Barclays: On Valentine’s Day, Barclaycard US is launching a new set of merchant offers for its Rewards Boost program. This will allow cardholders to garner 4 points per $1 on Lancome purchases, 9 points per $1 on flower purchases, 3 points per $1 on Fragrance.net purchases, and 3 points per $1 spent though QVC.

• Capital One: From 2/1 to 2/14, cardholders will get 20 bonus miles on Flower purchases made online through Perk Central or over the phone.

• Chase: From 2/4 to 2/14, Chase Freedom cardholders get 20% off all purchases at RedEnvelope.com and a package of 20 sweetheart tulips, a teddy bear, chocolates, and a vase for only $29.99 (over 50% off). Consumers who have the Hyatt Credit Card in their wallets can buy room packages with Valentine’s Day themes, such as the Amour Package or the Love Lasts Package. Those with the Amazon.com credit cards can also get 20% off select jewelry and watches through February 14.

• Discover: Cardholders currently get 20% cash back on the following brands through ShopDiscover such as 1-800-Baskets, Wine Enthusiast and Restaurant.com (among others).

Card Hub CEO Odysseas Papadimitriou weighed in on these Valentine’s Day promotions: “It’s great to see credit card companies sharing the love, and any opportunity to save should be welcomed by consumers. People now have a number of ways to save, ranging from coupons and daily deals to discounted gift cards to traditional credit card rewards and special holiday promotions, and when combined strategically, these saving methods can equate to a lot more money staying in your wallet. The key is to use savings to save, not to buy more with the amount you originally budgeted for Valentine’s gifts. Being able to buy the $100 gift you originally planned to get for $50, for example, would be ideal, especially when you consider the rising credit card debt levels.”

For more information on the above, please visit: http://www.cardhub.com/edu/best-credit-cards-valentines-day/